GE Vernova (GEV) Interest Expenses (2023 - 2026)
GE Vernova's (GEV) quarterly Interest Expenses came in at -$73.0 million in Q2 2026, down 73.81% YoY from -$278.7 million in Q2 2025, and down 230.36% on a QoQ basis from $56.0 million in Q1 2026.
GE Vernova (GEV) Interest Expenses (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has 4 years of Interest Expenses data on file, last reported at -$73.0 million in Q2 2026.
- Quarterly Interest Expenses fell 73.81% year-over-year to -$73.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $742.0 million (up 16.85% YoY) and the FY2025 annual result came in at $760.0 million, down 90.97% from the prior year.
- Interest Expenses retreated to -$73.0 million in Q2 2026, from $56.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $901.0 million in Q4 2025 to a low of -$73.0 million in Q2 2026.
- A 4-year average of $108.0 million and a median of $17.0 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses soared 3745.0% — and 2025, when it slumped 500.0%.
- Tracing GEV's Interest Expenses over 4 years: stood at $20.0 million in 2023, then soared by 3745.0% to $769.0 million in 2024, then advanced by 17.17% to $901.0 million in 2025, then sank by 108.1% to -$73.0 million in 2026.
- The last three Interest Expenses figures came in at -$73.0 million (Q2 2026), $56.0 million (Q1 2026), and $901.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | -73.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 201.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 80.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 79.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 30.10 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 33.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 63.30 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -73.00 Mn |
| Jun 30, 2026 | -73.00 Mn |
| Mar 31, 2026 | 56.00 Mn |
| Mar 31, 2026 | 56.00 Mn |
| Dec 31, 2025 | 901.00 Mn |
| Dec 31, 2025 | 901.00 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 | 769.00 Mn |
| Dec 31, 2024 | 769.00 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 |