GE Vernova (GEV) Net Margin (2023 - 2026)
GE Vernova (GEV) reported Net Margin of 10.21% for Q3 2026, up 5.68 percentage points from 4.53% a year earlier and up 4.20 percentage points from the prior quarter.
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Analysis
GE Vernova (GEV) Net Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, GE Vernova's Net Margin came in at 23.54%, up 19.02 percentage points year-over-year; for FY2025, it came in at 12.83%, up 8.39 percentage points from FY2024.
- Net Margin has increased for three consecutive years, with a three-year change of +22.06 percentage points (FY2022 to FY2025).
- By year, Net Margin came in at 4.44% in FY2024 (+5.76 pp), -1.32% in FY2023 (+7.91 pp) and -9.23% in FY2022.
- Five-year quarterly Net Margin spans a low of -4.62% in Q1 2023 and a high of 50.81% in Q1 2026.
- Year over year, Net Margin has now increased in each of the last five quarters, with an average year-over-year change of +10.70 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q1 2026 (a gain of 47.65 percentage points); the low point was Q2 2025 (a drop of 10.13 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 6.02% (Q2 2026), 50.81% (Q1 2026) and 33.44% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 10.21% |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 20.25% |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 46.39% |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 14.92% |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 10.67% |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 8.44% |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 9.50% |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 12.45% |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 2.66% |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 7.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.21% |
| Jun 30, 2026 | 6.02% |
| Mar 31, 2026 | 50.81% |
| Dec 31, 2025 | 33.44% |
| Sep 30, 2025 | 4.53% |
| Jun 30, 2025 | 5.64% |
| Mar 31, 2025 | 3.16% |
| Dec 31, 2024 | 4.58% |
| Sep 30, 2024 | -1.08% |
| Jun 30, 2024 | 15.77% |
| Mar 31, 2024 | -1.79% |
| Dec 31, 2023 | 1.96% |
| Sep 30, 2023 | -2.06% |
| Jun 30, 2023 | -1.85% |
| Mar 31, 2023 | -4.62% |
API Access
GE Vernova Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=GEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "GEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=GEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();