GE Vernova (GEV) Operating Income (2023 - 2026)
GE Vernova (GEV) reported Operating Income of $653 million for Q2 2026, up 72.8% from $378 million a year earlier and up 264.8% from the prior quarter.
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Analysis
GE Vernova (GEV) Operating Income (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, GE Vernova's Operating Income came in at $1.8 billion, up 174.7% year-over-year; for FY2025, it was $1.39 billion, up 194.7% from FY2024.
- By year, Operating Income came in at $471 million in FY2024, -$923 million in FY2023 and -$2.88 billion in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Operating Income in data going back to Q1 2023.
- Year over year, Operating Income has now increased in each of the last three quarters, with growth averaging 113.2% over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $179 million (Q1 2026), $601 million (Q4 2025) and $366 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn | 653.00 Mn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn | 182.24 Mn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn | 450.39 Mn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn | 114.14 Mn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn | 190.91 Mn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn | 210.43 Mn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 151.41 Mn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn | 51.52 Mn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn | 17.90 Mn |
| 10 | QuantumScape | 2.46 Bn | -1.28 Bn | - | -106.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 653.00 Mn |
| 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 |
API Access
GE Vernova Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=GEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "GEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=GEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();