GE HealthCare income statement
In fiscal 2025, GE HealthCare reported revenue of $20.63bn, up 4.8% on the year before, operating income of $2.76bn (a 13.4% margin) and net income of $2.08bn, or $4.55 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|
| Revenue | 17.6 | 18.3 | 19.6 | 19.7 | 20.6 | 21.6 |
| Gross profit | 7.2 | 7.2 | 7.9 | 8.2 | 8.2 | 8.6 |
| Research and development | 0.8 | 1.0 | 1.2 | 1.3 | 1.3 | 1.3 |
| Selling, general and administrative | 3.6 | 3.6 | 4.3 | 4.3 | 4.2 | 4.4 |
| Operating income | 2.8 | 2.5 | 2.4 | 2.6 | 2.8 | 2.9 |
| Income before tax | 2.9 | 2.5 | 2.4 | 2.6 | 2.8 | 2.8 |
| Income tax | 0.6 | 0.6 | 0.7 | 0.5 | 0.6 | 0.6 |
| Net income | 2.2 | 1.9 | 1.6 | 2.0 | 2.1 | 2.2 |
| Diluted EPS | $4.95 | $4.22 | $3.03 | $4.34 | $4.55 | $4.73 |
| Diluted shares (average) | 454m | 454m | 458m | 459m | 458m | 456m |
| EBITDA | 3.0 | 2.8 | 2.7 | 2.9 | 3.1 | 3.2 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,319 | 4,777 | 5,007 | 5,143 | 5,698 | 5,131 | 5,295 | 5,513 |
| Gross profit | 2,275 | 2,012 | 1,985 | 1,990 | 2,261 | 1,977 | 2,180 | 2,224 |
| Research and development | 344 | 344 | 302 | 292 | 323 | 345 | 323 | 320 |
| Selling, general and administrative | 1,130 | 1,040 | 1,029 | 1,045 | 1,111 | 1,117 | 1,118 | 1,100 |
| Operating income | 801 | 629 | 654 | 653 | 827 | 515 | 739 | 805 |
| Income before tax | 834 | 692 | 613 | 643 | 821 | 505 | 693 | 752 |
| Income tax | 96 | 104 | 113 | 179 | 219 | 94 | 119 | 129 |
| Net income | 721 | 564 | 486 | 446 | 589 | 389 | 561 | 615 |
| Diluted EPS | $1.57 | $1.23 | $1.06 | $0.98 | $1.29 | $0.85 | $1.24 | $1.36 |
| EBITDA | 866 | 695 | 727 | 728 | 901 | 593 | 815 | 886 |
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