GE Vernova (GEV) Operating Expenses (2023 - 2026)
GE Vernova's (GEV) quarterly Operating Expenses came in at $1.7 billion in Q2 2026, up 16.29% YoY from $1.5 billion in Q2 2025, and up 6.49% on a QoQ basis from $1.6 billion in Q1 2026.
GE Vernova (GEV) Operating Expenses (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has 4 years of Operating Expenses data on file, last reported at $1.7 billion in Q2 2026.
- Quarterly Operating Expenses rose 16.29% year-over-year to $1.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.6 billion (up 11.28% YoY) and the FY2025 annual result came in at $6.1 billion, up 9.48% from the prior year.
- Operating Expenses rose to $1.7 billion in Q2 2026, from $1.6 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.7 billion in Q4 2025 to a low of $1.2 billion in Q2 2024.
- A 4-year average of $1.5 billion and a median of $1.5 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses fell 21.03% — and 2025, when it grew 24.85%.
- Tracing GEV's Operating Expenses over 4 years: stood at $1.5 billion in 2023, then grew by 1.59% to $1.5 billion in 2024, then grew by 12.34% to $1.7 billion in 2025, then fell by 0.81% to $1.7 billion in 2026.
- The last three Operating Expenses figures came in at $1.7 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 258.49 Bn | 245.37 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 163.47 Bn | 162.77 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 125.80 Bn | 125.33 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 87.23 Bn | 85.05 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.82 Bn | 77.15 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.78 Bn | 79.95 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.56 Bn | 54.06 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 48.52 Bn | 48.04 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 31.59 Bn | 30.41 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Otis Worldwide | 27.53 Bn | 26.72 Bn | 1.14 Bn | 3.28 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.71 Bn |
| Mar 31, 2026 | 1.60 Bn |
| Dec 31, 2025 | 1.72 Bn |
| Sep 30, 2025 | 1.53 Bn |
| Jun 30, 2025 | 1.47 Bn |
| Mar 31, 2025 | 1.43 Bn |
| Dec 31, 2024 | 1.53 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.18 Bn |
| Mar 31, 2024 | 1.44 Bn |
| Dec 31, 2023 | 1.51 Bn |
| Sep 30, 2023 | 1.36 Bn |
| Jun 30, 2023 | 1.49 Bn |
| Mar 31, 2023 | 1.39 Bn |