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% YoY from $282.0 million in Q2 2025, and up 9.87% on a QoQ basis from $304.0 million in Q1 2026.
GE Vernova (GEV) Research & Development (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has 4 years of Research & Development data on file, last reported at $334.0 million in 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 grew to $334.0 million in Q2 2026, from $304.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $365.0 million in Q4 2025 to a low of $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.
- The widest YoY moves for Research & Development: up 37.74% in 2025, down 0.84% in 2025.
- Tracing GEV's Research & Development over 4 years: 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 decreased by 8.49% to $334.0 million in 2026.
- The last three Research & Development figures came in at $334.0 million (Q2 2026), $304.0 million (Q1 2026), and $365.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 385.00 Mn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 173.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | - |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 39.00 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 |