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% YoY from $153.0 million in Q2 2025, and down 22.03% on a QoQ basis from $354.0 million in Q1 2026.
GE Vernova (GEV) Tax Provisions (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has 4 years of Tax Provisions data on file, last reported at $276.0 million in Q2 2026.
- Quarterly Tax Provisions rose 80.39% year-over-year to $276.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$1.6 billion (down 298.55% YoY) and the FY2025 annual result came in at -$2.1 billion, down 318.42% from the prior year.
- Tax Provisions slipped to $276.0 million in Q2 2026, from $354.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $629.0 million in Q4 2024 to a low of -$2.6 billion in Q4 2025.
- A 4-year average of -$14.4 million and a median of $137.5 million in 2023 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 1373.91% in 2025, down 507.79% in 2025.
- Tracing GEV's Tax Provisions over 4 years: 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 soared by 110.76% to $276.0 million in 2026.
- The last three Tax Provisions figures came in at $276.0 million (Q2 2026), $354.0 million (Q1 2026), and -$2.6 billion (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 321.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 215.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 198.00 Mn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 325.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 265.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 85.48 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 62.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 69.10 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | 98.00 Mn |
Historic Data
Download 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 | -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 |