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GEV

Industrials · Heavy Electrical Equipment

GE Vernova: revenue, profit and dividends

In fiscal 2025, GE Vernova had revenue of $38.1B and net income of $4.88B (12.8% of revenue). It paid a dividend of $1.25 a share.

Revenue, fiscal 2025

$38.1B+9.0%

change from fiscal 2024

Net income, 2025
$4.88B
12.8% of revenue
Diluted EPS, 2025
$17.69
Dividend per share, 2025
$1.25
raised every year since 2025
Shares, 2025
276M
Free cash flow, 2025
$3.71B
$4.99B from operations − $1.28B capex
Ticker
GEV · NYSE
Sector
Industrials
Sub-industry
Heavy Electrical Equipment
Headquarters
Cambridge, Massachusetts
Founded
2024
In the S&P 500 since
April 2, 2024
Latest fiscal year
2025, ended December 31, 2025
SEC filer
GE Vernova Inc. · CIK 0001996810

Revenue and net income

Revenue went from $29.7B in 2022 to $38.1B in 2025. Net loss in 2022–2023.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$10.00 in 2022 to $17.69 in 2025.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

From 274M in 2022 to 276M in 2025.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $3.71B in 2025, 9.7% of revenue. Negative in 2022.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2025$38.1B$4.88B12.8%$17.69$1.25276M$4.99B$1.28B$3.71B
2024$34.9B$1.55B4.4%$5.58$0.25278M$2.58B$883M$1.7B
2023$33.2B−$438M−1.3%−$1.60—274M$1.19B$744M$442M
2022$29.7B−$2.74B−9.2%−$10.00—274M−$114M$513M−$627M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Heavy Electrical Equipment companies

All 83 Industrials companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.