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

GE Vernova (GEV) posted Tax Provisions of $276.0 million for Q2 2026, down 22.03% on a QoQ basis from $354.0 million in Q1 2026, and up 80.39% year-over-year from $153.0 million in Q2 2025.

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

GE Vernova's Tax Provisions history runs 4 years deep, the most recent figure standing at $276.0 million for 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 was $276.0 million for Q2 2026 at GE Vernova, down 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.
  • A 4-year average of -$14.4 million and a median of $137.5 million in 2023 frame the typical range for Tax Provisions.
  • Peak annual rise in Tax Provisions reached 1373.91% in 2025, while the deepest fall reached 507.79% in 2025.
  • GE Vernova's 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.
  • Business Quant data shows GEV's Tax Provisions at $276.0 million in Q2 2026, $354.0 million in Q1 2026, and -$2.6 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 276.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 240.00 Mn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 215.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 254.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 175.00 Mn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 199.00 Mn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 93.62 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 89.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 36.10 Mn
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 55.00 Mn

Historic Data

Download Data
DateValue
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