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| 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 |