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% on a YoY basis from $1.5 billion in Q2 2025, and up 6.49% quarter-over-quarter from $1.6 billion in Q1 2026.
Analysis
GE Vernova (GEV) Operating Expenses (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has reported Operating Expenses for 4 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 16.29% year-over-year to $1.7 billion; the trailing twelve-month figure through Jun 2026 stood at $6.6 billion (up 11.28% YoY), and the FY2025 full-year result was $6.1 billion, up 9.48% from the prior year.
- Operating Expenses climbed to $1.7 billion in Q2 2026 per GEV's latest filing, 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.
- Historically, Operating Expenses has averaged $1.5 billion across 4 years, with a median of $1.5 billion in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses retreated 21.03% in 2024, then increased 24.85% in 2025.
- Over 4 years, 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.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.7 billion, $1.6 billion, and $1.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 247.48 Bn | 234.36 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Generac Holdings | 10.69 Bn | 10.42 Bn | 521.81 Mn | 311.38 Mn |
| 3 | American Superconductor | 1.31 Bn | 1.17 Bn | - | - |
| 4 | Babcock & Wilcox Enterprises | 1.02 Bn | 671.72 Mn | 46.64 Mn | 307.95 Mn |
| 5 | Hyliion Holdings | 675.40 Mn | 675.40 Mn | 366,000.00 | 15.66 Mn |
| 6 | HyOrc | 44.31 Mn | 44.25 Mn | 24,000.00 | 713,712.00 |
| 7 | Clean Energy Technologies | 12.65 Mn | 12.40 Mn | 17,619.00 | 773,764.00 |
Historic Data
Download Data
Historic 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 |