GE Vernova (GEV) Research & Development (2023 - 2026)

GE Vernova (GEV) reported Research & Development of $304.0 million for Q1 2026, up 27.2% on a YoY basis from $239.0 million in Q1 2025, and down 16.71% quarter-over-quarter from $365.0 million in Q4 2025.

GE Vernova (GEV) Research & Development (2023 - 2026) Analysis & Trends

GE Vernova has reported Research & Development for 4 years, with the latest figure at $304.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 27.2% year-over-year to $304.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 28.15% YoY), and the FY2025 full-year result was $1.2 billion, up 21.89% from the prior year.
  • Research & Development for Q1 2026 stood at $304.0 million, down from $365.0 million in the prior quarter.
  • The five-year high for Research & Development was $365.0 million in Q4 2025, with the low at $202.0 million in Q1 2023.
  • Historically, Research & Development has averaged $259.8 million across 4 years, with a median of $243.0 million in 2024.
  • The largest YoY upside for Research & Development was 37.74% in 2025 against a maximum downside of 0.84% in 2025.
  • GE Vernova's Research & Development stood at $255.0 million in 2023, then increased by 3.92% to $265.0 million in 2024, then soared by 37.74% to $365.0 million in 2025, then retreated by 16.71% to $304.0 million in 2026.
  • The last three Research & Development figures came in at $304.0 million (Q1 2026), $365.0 million (Q4 2025), and $310.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 304.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 211.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn -
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 358.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn -
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn -
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 180.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn -
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 304.00 Mn
Dec 31, 2025 365.00 Mn
Sep 30, 2025 310.00 Mn
Jun 30, 2025 282.00 Mn
Mar 31, 2025 239.00 Mn
Dec 31, 2024 265.00 Mn
Sep 30, 2024 243.00 Mn
Jun 30, 2024 237.00 Mn
Mar 31, 2024 237.00 Mn
Dec 31, 2023 255.00 Mn
Sep 30, 2023 223.00 Mn
Jun 30, 2023 216.00 Mn
Mar 31, 2023 202.00 Mn