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Gross Profit for GE Vernova (GEV)

According to GE Vernova's latest reported financial statements, the company's current gross profit (TTM) is $7.85B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$7.85B

YoY change

+19.4%

5Y CAGR

N/A

Peak year (2025)

$7.54B

Cumulative gross profit

$27.07B

Gross Profit history chart for GE Vernova (GEV) from 2021 to 2025

Gross Profit history table for GE Vernova (GEV) from 2021 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$7.54B+19.4%
2024$6.31B+30.9%
2023$4.82B+39.3%
2022$3.46B-30.1%
2021$4.95B

Gross Profit values are taken from GE Vernova's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

2025's annual gross profit for GE Vernova (GEV) came in at $7.54B – grew 19.4% year-over-year.

The highest annual gross profit of $7.54B was reported in 2025. The lowest in the available history was $3.46B in 2022.

GE Vernova (GEV) sits 6th of 8 Utilities peers we track on this metric, against a peer median of $8.45B.

GE Vernova Gross Profit by Year

GE Vernova Gross Profit 2025: $7.54B

GE Vernova gross profit in 2025 was $7.54B, grew 19.4% from 2024. This figure represents the highest annual value in the available history.

GE Vernova Gross Profit 2024: $6.31B

GE Vernova gross profit in 2024 was $6.31B, surged 30.9% from 2023.

GE Vernova Gross Profit 2023: $4.82B

GE Vernova gross profit in 2023 was $4.82B, surged 39.3% from 2022.

GE Vernova Gross Profit 2022: $3.46B

GE Vernova gross profit in 2022 was $3.46B, plunged 30.1% below 2021. This figure represents the lowest annual value in the available history.

GE Vernova Gross Profit 2021: $4.95B

GE Vernova gross profit in 2021 was $4.95B.

See more financial history for GE Vernova (GEV).

Sector peers — Gross Profit

Companies in the same sector as GE Vernova, ranked by their latest gross profit.

CompanyGross ProfitSector
Constellation Energy Corporation (CEG)$19.36BUtilities
NextEra Energy, Inc. (NEE)$17.25BUtilities
Duke Energy Corporation (DUK)$10.17BUtilities
The Southern Company (SO)$8.81BUtilities
Dominion Energy, Inc. (D)$8.09BUtilities
American Electric Power Company, Inc. (AEP)$6.93BUtilities
Sempra (SRE)$4.00BUtilities
Vistra Corp. (VST)$2.97BUtilities

Frequently asked questions

What is GE Vernova's gross profit?

Latest reported gross profit for GE Vernova (GEV) is $7.85B (period ending March 31, 2026).

How has GE Vernova gross profit changed year-over-year?

GE Vernova (GEV) gross profit changed +19.4% year-over-year on the latest annual filing.

When did GE Vernova gross profit hit its highest annual value?

GE Vernova gross profit reached its highest annual value of $7.54B in 2025.

What was GE Vernova gross profit in 2024?

GE Vernova (GEV) gross profit in 2024 was $6.31B.

What was GE Vernova gross profit in 2025?

GE Vernova (GEV) gross profit in 2025 was $7.54B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.