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| Date | Value |
|---|---|
| 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 |