GE Vernova (GEV) Tax Provisions (2023 - 2026)

GE Vernova (GEV) reported Tax Provisions of $354.0 million for Q1 2026, up 420.59% on a YoY basis from $68.0 million in Q1 2025, and up 113.8% quarter-over-quarter from -$2.6 billion in Q4 2025.

GE Vernova (GEV) Tax Provisions (2023 - 2026) Analysis & Trends

GE Vernova has reported Tax Provisions for 4 years, with the latest figure at $354.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 420.59% year-over-year to $354.0 million; the trailing twelve-month figure through Mar 2026 stood at -$1.8 billion (down 277.21% YoY), and the FY2025 full-year result was -$2.1 billion, down 318.42% from the prior year.
  • Tax Provisions for Q1 2026 stood at $354.0 million, up from -$2.6 billion in the prior quarter.
  • The five-year high for Tax Provisions was $629.0 million in Q4 2024, with the low at -$2.6 billion in Q4 2025.
  • Historically, Tax Provisions has averaged -$36.8 million across 4 years, with a median of $122.0 million in 2023.
  • The largest YoY upside for Tax Provisions was 1373.91% in 2025 against a maximum downside of 507.79% in 2025.
  • GE Vernova's Tax Provisions stood at $122.0 million in 2023, then jumped by 415.57% to $629.0 million in 2024, then slumped by 507.79% to -$2.6 billion in 2025, then jumped by 113.8% to $354.0 million in 2026.
  • The last three Tax Provisions figures came in at $354.0 million (Q1 2026), -$2.6 billion (Q4 2025), and $293.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 354.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 240.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 215.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 254.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 175.00 Mn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 199.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 93.62 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 89.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 60.15 Mn
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 36.10 Mn

Historic Data

Download Data
DateValue
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 -53.00 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