GE Vernova (GEV) Operating Income (2023 - 2026)
GE Vernova (GEV) posted Operating Income of $653.0 million for Q2 2026, up 264.8% on a QoQ basis from $179.0 million in Q1 2026, and up 72.75% year-over-year from $378.0 million in Q2 2025.
GE Vernova (GEV) Operating Income (2023 - 2026) Analysis & Trends
GE Vernova's Operating Income history runs 4 years deep, the most recent figure standing at $653.0 million for 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 was $653.0 million for Q2 2026 at GE Vernova, up from $179.0 million in the prior quarter.
- Across five years, Operating Income topped out at $653.0 million in Q2 2026 and bottomed at -$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 dropped 28.27% — and 2026, when it jumped 316.28%.
- GE Vernova's Operating Income stood at $195.0 million in 2023, then surged by 204.1% to $593.0 million in 2024, then advanced by 1.35% to $601.0 million in 2025, then rose by 8.65% to $653.0 million in 2026.
- Business Quant data shows GEV's Operating Income at $653.0 million in Q2 2026, $179.0 million in Q1 2026, and $601.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 653.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 1.17 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 1.13 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 949.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 1.11 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 1.02 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 514.94 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 467.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 289.70 Mn |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 244.00 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 |