GE Vernova (GEV) Net Income (2023 - 2026)

GE Vernova (GEV) reported Net Income of $4.7 billion for Q1 2026, up 1698.86% on a YoY basis from $264.0 million in Q1 2025, and up 29.4% quarter-over-quarter from $3.7 billion in Q4 2025.

GE Vernova (GEV) Net Income (2023 - 2026) Analysis & Trends

GE Vernova has reported Net Income for 4 years, with the latest figure at $4.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Net Income rose 1698.86% year-over-year to $4.7 billion; the trailing twelve-month figure through Mar 2026 stood at $9.4 billion (up 385.43% YoY), and the FY2025 full-year result was $4.9 billion, up 212.96% from the prior year.
  • Net Income for Q1 2026 stood at $4.7 billion, up from $3.7 billion in the prior quarter.
  • The five-year high for Net Income was $4.7 billion in Q1 2026, with the low at -$346.0 million in Q1 2023.
  • Historically, Net Income has averaged $828.9 million across 4 years, with a median of $264.0 million in 2025.
  • Annual changes were most pronounced in 2025 — Net Income sank 61.56% — and 2026, when it surged 1698.86%.
  • GE Vernova's Net Income stood at $206.0 million in 2023, then soared by 134.95% to $484.0 million in 2024, then surged by 658.26% to $3.7 billion in 2025, then grew by 29.4% to $4.7 billion in 2026.
  • The last three Net Income figures came in at $4.7 billion (Q1 2026), $3.7 billion (Q4 2025), and $453.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 4.75 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 867.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 904.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 680.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 618.00 Mn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 768.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 399.36 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 351.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn -316,000.00
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 193.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.75 Bn
Dec 31, 2025 3.67 Bn
Sep 30, 2025 453.00 Mn
Jun 30, 2025 492.00 Mn
Mar 31, 2025 264.00 Mn
Dec 31, 2024 484.00 Mn
Sep 30, 2024 -99.00 Mn
Jun 30, 2024 1.28 Bn
Mar 31, 2024 -43.00 Mn
Dec 31, 2023 206.00 Mn
Sep 30, 2023 -185.00 Mn
Jun 30, 2023 -149.00 Mn
Mar 31, 2023 -346.00 Mn