GE Vernova GEV
NYSE GEV
$956.85 -9.16 (-0.95%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
Dec 31, 2025 6.15 Bn
Dec 31, 2024 5.61 Bn
Dec 31, 2023 5.74 Bn
Dec 31, 2022 6.34 Bn