4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $38.1B | $4.9B | 19.8% | 3.6% | $3.7B | — | $8.8B |
| 2024 | $34.9B | $1.6B | 17.4% | 1.3% | $1.7B | — | $8.2B |
| 2023 | $33.2B | -$438M | 14.5% | -2.8% | $442M | — | $1.6B |
| 2022 | $29.7B | -$2.7B | 11.7% | -9.7% | -$627M | — | $2.1B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $9.3B | $4.7B | 19.1% | 1.9% | $4.8B | — | $10.2B |
| Dec '25 | $11.0B | $3.7B | 21.2% | 5.5% | $1.8B | — | $8.8B |
| Sep '25 | $10.0B | $452M | 19.0% | 3.7% | $733M | — | $7.9B |
| Jun '25 | $9.1B | $514M | 20.3% | 4.1% | $194M | — | $7.9B |
| Mar '25 | $8.0B | $254M | 18.3% | 0.5% | $975M | — | $8.1B |
| Dec '24 | $10.6B | $484M | 20.1% | 5.6% | $571M | — | $8.2B |
| Sep '24 | $8.9B | -$96M | 12.4% | -4.0% | $968M | — | $7.4B |
| Jun '24 | $8.2B | $1.3B | 20.7% | 6.4% | $822M | — | $5.8B |
| Mar '24 | $7.3B | -$130M | 15.8% | -4.0% | -$661M | — | $3.3B |
| Dec '23 | $10.0B | $197M | 16.9% | 1.9% | $1.7B | — | $1.6B |
| Sep '23 | $8.3B | -$170M | 12.7% | -3.7% | $52M | — | $1.5B |
| Jun '23 | $8.1B | -$150M | 14.1% | -4.2% | -$447M | — | $1.6B |
| Mar '23 | $6.8B | -$315M | 13.5% | -6.9% | -$814M | — | $2.1B |
How the market has priced GEV against its own fundamentals since 2024-04 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 3 years, GE Vernova's revenue has grown 8.7% per year. These are computed facts, not advice.
As of FY2025, GE Vernova reported — of total debt against $8.8B of cash.
In FY2025, gross margin was 19.8%, operating margin 3.6%, and net margin 12.8%.
As of Jun '26, GE Vernova traded at a price-to-earnings ratio of about 59.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.