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| Date | Value |
|---|---|
| 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 |