GE Vernova (GEV) Tax Provisions (2023 - 2026)
GE Vernova's (GEV) quarterly Tax Provisions came in at $276.0 million in Q2 2026, up 80.39% on a YoY basis from $153.0 million in Q2 2025, and down 22.03% quarter-over-quarter from $354.0 million in Q1 2026.
Analysis
GE Vernova (GEV) Tax Provisions (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has reported Tax Provisions for 4 consecutive years, with $276.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 80.39% year-over-year to $276.0 million; the trailing twelve-month figure through Jun 2026 stood at -$1.6 billion (down 298.55% YoY), and the FY2025 full-year result was -$2.1 billion, down 318.42% from the prior year.
- Tax Provisions fell to $276.0 million in Q2 2026 per GEV's latest filing, from $354.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $629.0 million in Q4 2024 and bottomed at -$2.6 billion in Q4 2025.
- Historically, Tax Provisions has averaged -$9.9 million across 4 years, with a median of $137.5 million in 2023.
- The widest YoY moves for Tax Provisions: up 1373.91% in 2025, down 507.79% in 2025.
- Over 4 years, Tax Provisions stood at $122.0 million in 2023, then soared by 415.57% to $629.0 million in 2024, then plunged by 507.79% to -$2.6 billion in 2025, then surged by 110.76% to $276.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $276.0 million, $354.0 million, and -$2.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 247.48 Bn | 234.36 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Generac Holdings | 10.69 Bn | 10.42 Bn | 521.81 Mn | 46.70 Mn |
| 3 | American Superconductor | 1.31 Bn | 1.17 Bn | - | - |
| 4 | Babcock & Wilcox Enterprises | 1.02 Bn | 671.72 Mn | 46.64 Mn | -1.10 Mn |
| 5 | Hyliion Holdings | 675.40 Mn | 675.40 Mn | 366,000.00 | - |
| 6 | HyOrc | 44.31 Mn | 44.25 Mn | 24,000.00 | - |
| 7 | Clean Energy Technologies | 12.65 Mn | 12.40 Mn | 17,619.00 | -45.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 276.00 Mn |
| Mar 31, 2026 | 354.00 Mn |
| Dec 31, 2025 | -2.57 Bn |
| Sep 30, 2025 | 293.00 Mn |
| Jun 30, 2025 | 153.00 Mn |
| Mar 31, 2025 | 68.00 Mn |
| Dec 31, 2024 | 629.00 Mn |
| Sep 30, 2024 | -23.00 Mn |
| Jun 30, 2024 | 322.00 Mn |
| Mar 31, 2024 | 10.00 Mn |
| Dec 31, 2023 | 122.00 Mn |
| Sep 30, 2023 | 169.00 Mn |
| Jun 30, 2023 | 122.00 Mn |
| Mar 31, 2023 | -69.00 Mn |