GE Vernova GEV
NYSE GEV
$923.39 -27.65 (-2.91%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

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 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