GE Vernova (GEV) Research & Development (2023 - 2026)
GE Vernova (GEV) posted Research & Development of $334.0 million for Q2 2026, up 9.87% on a QoQ basis from $304.0 million in Q1 2026, and up 18.44% year-over-year from $282.0 million in Q2 2025.
GE Vernova (GEV) Research & Development (2023 - 2026) Analysis & Trends
GE Vernova's Research & Development history runs 4 years deep, the most recent figure standing at $334.0 million for Q2 2026.
- Quarterly Research & Development rose 18.44% year-over-year to $334.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.3 billion (up 27.6% YoY) and the FY2025 annual result came in at $1.2 billion, up 21.89% from the prior year.
- Research & Development was $334.0 million for Q2 2026 at GE Vernova, up from $304.0 million in the prior quarter.
- Across five years, Research & Development topped out at $365.0 million in Q4 2025 and bottomed at $202.0 million in Q1 2023.
- A 4-year average of $265.1 million and a median of $249.0 million in 2023 frame the typical range for Research & Development.
- Peak annual rise in Research & Development reached 37.74% in 2025, while the deepest fall reached 0.84% in 2025.
- GE Vernova's Research & Development stood at $255.0 million in 2023, then gained by 3.92% to $265.0 million in 2024, then surged by 37.74% to $365.0 million in 2025, then dropped by 8.49% to $334.0 million in 2026.
- Business Quant data shows GEV's Research & Development at $334.0 million in Q2 2026, $304.0 million in Q1 2026, and $365.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 211.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | - |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 358.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | - |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 180.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | - |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 56.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 334.00 Mn |
| 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 |