GE Vernova (GEV) Gross Margin (2023 - 2026)
GE Vernova (GEV) posted Gross Margin of 21.25% for Q2 2026, up 11.45% on a QoQ basis from 19.07% in Q1 2026, and up 99.0% year-over-year from 10.68% in Q2 2025.
GE Vernova (GEV) Gross Margin (2023 - 2026) Analysis & Trends
GE Vernova's Gross Margin history runs 4 years deep, the most recent figure standing at 21.25% for 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 was 21.25% for Q2 2026 at GE Vernova, up from 19.07% in the prior quarter.
- Across five years, Gross Margin topped out at 21.25% in Q2 2026 and bottomed at 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 tumbled 48 bps.
- GE Vernova's Gross Margin stood at 16.94% in 2023, then grew by 19 bps to 20.11% in 2024, then gained by 5 bps to 21.19% in 2025, then grew by 0 bps to 21.25% in 2026.
- Business Quant data shows GEV's Gross Margin at 21.25% in Q2 2026, 19.07% in Q1 2026, and 21.19% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 50.25% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 42.90% |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 37.79% |
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% |