GE Vernova (GEV) Interest Expenses (2023 - 2026)
GE Vernova (GEV) reported Interest Expenses of -$28.0 million for Q1 2026, up 50.0% on a YoY basis from -$18.7 million in Q1 2025, and up 37.78% quarter-over-quarter from -$45.0 million in Q4 2025.
GE Vernova (GEV) Interest Expenses (2023 - 2026) Analysis & Trends
GE Vernova has reported Interest Expenses for 4 years, with the latest figure at -$28.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 50.0% year-over-year to -$28.0 million; the trailing twelve-month figure through Mar 2026 stood at -$159.0 million (up 16.32% YoY), and the FY2025 full-year result was -$186.0 million, down 55.0% from the prior year.
- Interest Expenses for Q1 2026 stood at -$28.0 million, up from -$45.0 million in the prior quarter.
- The five-year high for Interest Expenses was $35.0 million in Q4 2023, with the low at -$60.0 million in Q2 2024.
- Historically, Interest Expenses has averaged -$18.2 million across 4 years, with a median of -$36.0 million in 2024.
- Annual changes were most pronounced in 2025 — Interest Expenses slumped 500.0% — and 2026, when it jumped 50.0%.
- GE Vernova's Interest Expenses stood at $35.0 million in 2023, then slumped by 208.57% to -$38.0 million in 2024, then slipped by 18.42% to -$45.0 million in 2025, then jumped by 37.78% to -$28.0 million in 2026.
- The last three Interest Expenses figures came in at -$28.0 million (Q1 2026), -$45.0 million (Q4 2025), and -$44.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -28.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 106.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 76.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 73.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 20.91 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 36.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 29.52 Mn |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 63.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.00 Mn |
| Mar 31, 2026 | -28.00 Mn |
| Dec 31, 2025 | -45.00 Mn |
| Dec 31, 2025 | -45.00 Mn |
| Sep 30, 2025 | -44.00 Mn |
| Sep 30, 2025 | -44.00 Mn |
| Jun 30, 2025 | -42.00 Mn |
| Jun 30, 2025 | -42.00 Mn |
| Mar 31, 2025 | -56.00 Mn |
| Mar 31, 2025 | -56.00 Mn |
| Dec 31, 2024 | -38.00 Mn |
| Dec 31, 2024 | -38.00 Mn |
| Sep 30, 2024 | -36.00 Mn |
| Sep 30, 2024 | -36.00 Mn |
| Jun 30, 2024 | -60.00 Mn |
| Jun 30, 2024 | -60.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | 35.00 Mn |
| Dec 31, 2023 | 35.00 Mn |