GE Vernova (GEV) Free Cash Flow (2023 - 2026)
GE Vernova's Free Cash Flow came in at $5.41 billion for Q3 2026, up 638.1% from $733 million a year earlier and up 6.0% from the prior quarter.
GE Vernova (GEV) Free Cash Flow (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, GE Vernova reported Free Cash Flow of $17.12 billion, up 592.1% year-over-year; for FY2025, it was $3.71 billion, up 118.2% from FY2024.
- Going back by year, Free Cash Flow was $1.7 billion in FY2024 (+284.6%), $442 million in FY2023 and -$627 million in FY2022.
- The Q3 2026 figure represents the highest quarterly Free Cash Flow in data going back to Q1 2023.
- Year-over-year, Free Cash Flow increased in three of the last six quarters, with growth averaging 180.0%.
- Business Quant data shows GEV's Free Cash Flow at $5.11 billion (Q2 2026), $4.79 billion (Q1 2026) and $1.81 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 210.90 Bn | 163.15 Bn | 3.11 Bn | 5.41 Bn |
| 2 | Bloom Energy | 54.82 Bn | 44.75 Bn | 417.10 Mn | -180.63 Mn |
| 3 | First Solar | 19.45 Bn | 10.82 Bn | 713.06 Mn | -197.76 Mn |
| 4 | Nextpower | 15.04 Bn | 10.75 Bn | 345.32 Mn | 134.98 Mn |
| 5 | BWX Technologies | 11.61 Bn | 9.39 Bn | 227.14 Mn | 150.45 Mn |
| 6 | Generac Holdings | 10.72 Bn | 9.45 Bn | 516.04 Mn | 131.74 Mn |
| 7 | Innio | 10.33 Bn | 6.57 Bn | 367.70 Mn | 204.70 Mn |
| 8 | EnerSys | 5.50 Bn | 3.69 Bn | 313.36 Mn | 217.74 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.08 Bn | 131.50 Mn | 47.30 Mn |
| 10 | X-Energy | 4.46 Bn | 3.10 Bn | -32.06 Mn | -160.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.41 Bn |
| Jun 30, 2026 | 5.11 Bn |
| Mar 31, 2026 | 4.79 Bn |
| Dec 31, 2025 | 1.81 Bn |
| Sep 30, 2025 | 733.00 Mn |
| Jun 30, 2025 | 194.00 Mn |
| Mar 31, 2025 | 975.00 Mn |
| Dec 31, 2024 | 571.00 Mn |
| Sep 30, 2024 | 968.00 Mn |
| Jun 30, 2024 | 822.00 Mn |
| Mar 31, 2024 | -661.00 Mn |
| Dec 31, 2023 | 1.65 Bn |
| Sep 30, 2023 | 52.00 Mn |
| Jun 30, 2023 | -447.00 Mn |
| Mar 31, 2023 | -814.00 Mn |
GE Vernova Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=GEV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "GEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=GEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();