GE Vernova (GEV) Research & Development (2023 - 2026)
GE Vernova's (GEV) quarterly Research & Development came in at $334.0 million in Q2 2026, up 18.44% on a YoY basis from $282.0 million in Q2 2025, and up 9.87% quarter-over-quarter from $304.0 million in Q1 2026.
Analysis
GE Vernova (GEV) Research & Development (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has reported Research & Development for 4 consecutive years, with $334.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 18.44% year-over-year to $334.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.3 billion (up 27.6% YoY), and the FY2025 full-year result was $1.2 billion, up 21.89% from the prior year.
- Research & Development improved to $334.0 million in Q2 2026 per GEV's latest filing, 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.
- Historically, Research & Development has averaged $265.1 million across 4 years, with a median of $249.0 million in 2023.
- The widest YoY moves for Research & Development: up 37.74% in 2025, down 0.84% in 2025.
- Over 4 years, 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.
- According to Business Quant data, Research & Development over the past three periods registered $334.0 million, $304.0 million, and $365.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 250.86 Bn | 238.90 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Generac Holdings | 11.06 Bn | 10.79 Bn | 521.81 Mn | 141.63 Mn |
| 3 | American Superconductor | 1.41 Bn | 1.27 Bn | - | - |
| 4 | Babcock & Wilcox Enterprises | 1.06 Bn | 708.06 Mn | 46.64 Mn | - |
| 5 | Hyliion Holdings | 662.60 Mn | 662.60 Mn | 366,000.00 | 9.50 Mn |
| 6 | HyOrc | 44.31 Mn | 44.25 Mn | 24,000.00 | - |
| 7 | Clean Energy Technologies | 12.53 Mn | 12.28 Mn | 17,619.00 | 50,096.00 |
Historic Data
Download Data
Historic 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 |