GE Vernova (GEV) Operating Expenses (2022 - 2025)
GE Vernova's (GEV) annual Operating Expenses came in at $6.1 billion in FY2025, up 9.48% year-over-year from $5.6 billion in FY2024.
GE Vernova (GEV) Operating Expenses (2022 - 2025) Analysis & Trends
GE Vernova (GEV) has 4 years of Operating Expenses data on file, last reported at $6.1 billion in FY2025.
- 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 improved to $6.1 billion in FY2025, from $5.6 billion in the prior year.
- In the past five years, Operating Expenses ranged from a high of $6.3 billion in FY2022 to a low of $5.6 billion in FY2024.
- A 4-year average of $6.0 billion and a median of $5.9 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses fell 9.43% — and 2025, when it increased 9.48%.
- Tracing GEV's Operating Expenses over 4 years: stood at $6.3 billion in 2022, then decreased by 9.43% to $5.7 billion in 2023, then declined by 2.21% to $5.6 billion in 2024, then increased by 9.48% to $6.1 billion in 2025.
- The last three Operating Expenses figures came in at $6.1 billion (FY2025), $5.6 billion (FY2024), and $5.7 billion (FY2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Yr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | - |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | - |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | - |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | - |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | - |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.15 Bn |
| Dec 31, 2024 | 5.61 Bn |
| Dec 31, 2023 | 5.74 Bn |
| Dec 31, 2022 | 6.34 Bn |