GE Vernova GEV
NYSE GEV
$950.61 -20.70 (-2.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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