GE Vernova GEV
NYSE GEV
$950.61 -20.70 (-2.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

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% on a YoY basis from $378.0 million in Q2 2025, and up 264.8% quarter-over-quarter from $179.0 million in Q1 2026.

Analysis

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

GE Vernova (GEV) has reported Operating Income for 4 consecutive years, with $653.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income rose 72.75% year-over-year to $653.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.8 billion (up 174.66% YoY), and the FY2025 full-year result was $1.4 billion, up 194.69% from the prior year.
  • Operating Income climbed to $653.0 million in Q2 2026 per GEV's latest filing, 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.
  • Historically, Operating Income has averaged $126.4 million across 4 years, with a median of $187.0 million in 2023.
  • The sharpest annual moves came in 2025 and 2026: Operating Income decreased 28.27% in 2025, then surged 316.28% in 2026.
  • Over 4 years, 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.
  • According to Business Quant data, Operating Income over the past three periods registered $653.0 million, $179.0 million, and $601.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 GE Vernova 250.86 Bn 238.90 Bn 2.36 Bn 653.00 Mn
2 Generac Holdings 11.06 Bn 10.79 Bn 521.81 Mn 210.43 Mn
3 American Superconductor 1.41 Bn 1.27 Bn - -
4 Babcock & Wilcox Enterprises 1.06 Bn 708.06 Mn 46.64 Mn 11.77 Mn
5 Hyliion Holdings 662.60 Mn 662.60 Mn 366,000.00 -15.30 Mn
6 HyOrc 44.31 Mn 44.25 Mn 24,000.00 24,000.00
7 Clean Energy Technologies 12.53 Mn 12.28 Mn 17,619.00 -756,145.00
Historic Data

Historic Data

Download Data
DateValue
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