GE Vernova (GEV) Tax Rate (2023 - 2026)
GE Vernova (GEV) reported Tax Rate of 29.84% for Q2 2026, up 6.12 percentage points from 23.72% a year earlier and up 22.90 percentage points from the prior quarter.
Powered by 
Analysis
GE Vernova (GEV) Tax Rate (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, GE Vernova's Tax Rate came in at -20.84%, down 62.86 percentage points year-over-year; for FY2025, it came in at -72.52%, down 110.11 percentage points from FY2024.
- Tax Rate has a three-year change of -62.50 percentage points (FY2022 to FY2025).
- By year, Tax Rate came in at 37.59% in FY2024 (+302.21 pp), -264.62% in FY2023 (-254.59 pp) and -10.02% in FY2022.
- Five-year quarterly Tax Rate spans a low of -1056.25% in Q3 2023 and a high of 56.51% in Q4 2024.
- Year over year, Tax Rate gained in six of the last eight quarters, with an average year-over-year change of +106.66 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2024 (a gain of 1075.10 percentage points); the low point was Q4 2025 (a drop of 288.64 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.94% (Q1 2026), -232.13% (Q4 2025) and 39.28% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 8.01% |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 21.56% |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 24.61% |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 16.88% |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 28.32% |
| 10 | Nuscale Power | 3.18 Bn | 3.14 Bn | -152,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.84% |
| Mar 31, 2026 | 6.94% |
| Sep 30, 2025 | 39.28% |
| Jun 30, 2025 | 23.72% |
| Mar 31, 2025 | 20.48% |
| Dec 31, 2024 | 56.51% |
| Jun 30, 2024 | 20.10% |
| Dec 31, 2023 | 37.20% |
API Access
GE Vernova Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();