GE Vernova (GEV) Operating Expenses (2023 - 2026)

GE Vernova (GEV) posted Operating Expenses of $1.7 billion for Q2 2026, up 6.49% on a QoQ basis from $1.6 billion in Q1 2026, and up 16.29% year-over-year from $1.5 billion in Q2 2025.

GE Vernova (GEV) Operating Expenses (2023 - 2026) Analysis & Trends

GE Vernova's Operating Expenses history runs 4 years deep, the most recent figure standing at $1.7 billion for 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 was $1.7 billion for Q2 2026 at GE Vernova, up from $1.6 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.7 billion in Q4 2025 and bottomed at $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 slipped 21.03% — and 2025, when it gained 24.85%.
  • GE Vernova's Operating Expenses stood at $1.5 billion in 2023, then rose by 1.59% to $1.5 billion in 2024, then rose by 12.34% to $1.7 billion in 2025, then decreased by 0.81% to $1.7 billion in 2026.
  • Business Quant data shows GEV's Operating Expenses at $1.7 billion in Q2 2026, $1.6 billion in Q1 2026, and $1.7 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 1.71 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 884.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 658.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 370.70 Mn
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 559.00 Mn

Historic Data

Download Data
DateValue
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