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GE Vernova revenue

GE Vernova's revenue was $38.07bn in fiscal 2025, up 9.0% on the year before. Since fiscal 2022 ($29.65bn) it has grown at a compound 8.7% a year. Over the last twelve months it was $44.04bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

GE Vernova: revenue history, annual
Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue29.733.234.938.144.0
Growth on the year before—+12.1%+5.1%+9.0%—
Gross profit3.54.86.17.59.6
Gross margin11.7%14.5%17.4%19.8%21.7%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $20.9B 55.0% ▲ 10.5%
Services $17.1B 45.0% ▲ 7.2%
Geography
Region Revenue Share YoY
Outside the US $20.7B 54.4% ▲ 2.3%
Europe (part of Outside the US) $7.6B 36.6% ▼ 8.8%
Middle East and Africa (part of Outside the US) $5.4B 26.0% ▲ 28.5%
Asia (part of Outside the US) $4.6B 22.3% ▼ 1.5%
Americas Excluding U.S. (part of Outside the US) $3.1B 15.0% ▲ 2.6%
United States $17.3B 45.6% ▲ 18.1%

From GE Vernova's 10-K filed January 29, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Heavy Electrical Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
GE Vernova $44.04bn 16.9% —
Generac $4.44bn 0.6% 3.3%
Nuscale Power Corp $10.7m -81.0% -15.8%

Compare with peers

Head to head: GEV vs GNRCGEV vs SMR

More: Heavy Electrical Equipment stocks compared, Industrials sector, rankings of US companies

Figures from GE Vernova's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to GE Vernova.