GE Vernova (GEV) Gross Margin (2023 - 2026)
GE Vernova's (GEV) quarterly Gross Margin came in at 21.25% in Q2 2026, up 99.0% YoY from 10.68% in Q2 2025, and up 11.45% on a QoQ basis from 19.07% in Q1 2026.
GE Vernova (GEV) Gross Margin (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has 4 years of Gross Margin data on file, last reported at 21.25% in Q2 2026.
- Quarterly Gross Margin rose 99.0% year-over-year to 21.25% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 20.21% (up 233.0% YoY) and the FY2025 annual result came in at 19.79%, up 238.0% from the prior year.
- Gross Margin rose to 21.25% in Q2 2026, from 19.07% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 21.25% in Q2 2026 to a low of 12.44% in Q3 2024.
- A 4-year average of 17.54% and a median of 18.67% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin surged 662 bps — and 2025, when it plunged 48 bps.
- Tracing GEV's Gross Margin over 4 years: stood at 16.94% in 2023, then advanced by 19 bps to 20.11% in 2024, then increased by 5 bps to 21.19% in 2025, then advanced by 0 bps to 21.25% in 2026.
- The last three Gross Margin figures came in at 21.25% (Q2 2026), 19.07% (Q1 2026), and 21.19% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 42.10% |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | 29.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.25% |
| Mar 31, 2026 | 19.07% |
| Dec 31, 2025 | 21.19% |
| Sep 30, 2025 | 19.03% |
| Jun 30, 2025 | 20.26% |
| Mar 31, 2025 | 18.30% |
| Dec 31, 2024 | 20.11% |
| Sep 30, 2024 | 12.44% |
| Jun 30, 2024 | 20.75% |
| Mar 31, 2024 | 15.84% |
| Dec 31, 2023 | 16.94% |
| Sep 30, 2023 | 12.73% |
| Jun 30, 2023 | 14.13% |
| Mar 31, 2023 | 13.47% |