GE Vernova (GEV) Operating Income (2023 - 2026)
GE Vernova's (GEV) quarterly Operating Income came in at $653.0 million in Q2 2026, up 72.75% YoY from $378.0 million in Q2 2025, and up 264.8% on a QoQ basis from $179.0 million in Q1 2026.
GE Vernova (GEV) Operating Income (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has 4 years of Operating Income data on file, last reported at $653.0 million in Q2 2026.
- Quarterly Operating Income rose 72.75% year-over-year to $653.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.8 billion (up 174.66% YoY) and the FY2025 annual result came in at $1.4 billion, up 194.69% from the prior year.
- Operating Income rose to $653.0 million in Q2 2026, from $179.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $653.0 million in Q2 2026 to a low of -$469.0 million in Q1 2023.
- A 4-year average of $126.4 million and a median of $187.0 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2025 — Operating Income retreated 28.27% — and 2026, when it jumped 316.28%.
- Tracing GEV's Operating Income over 4 years: 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 grew by 8.65% to $653.0 million in 2026.
- The last three Operating Income figures came in at $653.0 million (Q2 2026), $179.0 million (Q1 2026), and $601.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 653.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 1.39 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 1.13 Bn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 1.31 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 1.15 Bn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 528.19 Mn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 481.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 380.30 Mn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 575.00 Mn |
Historic Data
Download 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 |