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

GE Vernova (GEV) reported Operating Income of $179.0 million for Q1 2026, up 316.28% on a YoY basis from $43.0 million in Q1 2025, and down 70.22% quarter-over-quarter from $601.0 million in Q4 2025.

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

GE Vernova has reported Operating Income for 4 years, with the latest figure at $179.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income rose 316.28% year-over-year to $179.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (up 89.55% YoY), and the FY2025 full-year result was $1.4 billion, up 194.69% from the prior year.
  • Operating Income for Q1 2026 stood at $179.0 million, down from $601.0 million in the prior quarter.
  • The five-year high for Operating Income was $601.0 million in Q4 2025, with the low at -$469.0 million in Q1 2023.
  • Historically, Operating Income has averaged $85.9 million across 4 years, with a median of $179.0 million in 2026.
  • Annual changes were most pronounced in 2025 — Operating Income retreated 28.27% — and 2026, when it jumped 316.28%.
  • GE Vernova's Operating Income stood at $195.0 million in 2023, then soared by 204.1% to $593.0 million in 2024, then rose by 1.35% to $601.0 million in 2025, then sank by 70.22% to $179.0 million in 2026.
  • The last three Operating Income figures came in at $179.0 million (Q1 2026), $601.0 million (Q4 2025), and $366.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 179.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 1.17 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 1.13 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 949.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 1.11 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 1.02 Bn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 514.94 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 467.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 305.91 Mn
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 289.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 179.00 Mn
Dec 31, 2025 601.00 Mn
Sep 30, 2025 366.00 Mn
Jun 30, 2025 378.00 Mn
Mar 31, 2025 43.00 Mn
Dec 31, 2024 593.00 Mn
Sep 30, 2024 -359.00 Mn
Jun 30, 2024 527.00 Mn
Mar 31, 2024 -289.00 Mn
Dec 31, 2023 195.00 Mn
Sep 30, 2023 -307.00 Mn
Jun 30, 2023 -341.00 Mn
Mar 31, 2023 -469.00 Mn