TTM
$7.85B
YoY change
+19.4%
5Y CAGR
—
Peak year (2025)
$7.54B
Cumulative gross profit
$28.85B
Gross Profit history chart for GE Vernova (GEV) from 2021 to 2025
Latest: $7.54B
Gross Profit growth chart for GE Vernova (GEV) from 2021 to 2025
Latest: +19.4%
Gross Profit history table for GE Vernova (GEV) from 2021 to 2025
| 2025 | $7.54B | +19.4% | +$1.23B | ||
| 2024 | $6.31B | +30.9% | +$1.49B | ||
| 2023 | $4.82B | +39.3% | +$1.36B | ||
| 2022 | $3.46B | -30.1% | −$1.49B | ||
| 2021 | $4.95B | — | — |
- 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 (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at GE Vernova (GEV)
According to GE Vernova's latest reported financial statements, the company's current gross profit (TTM) is $7.85B. 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 .
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 Gross Profit by Year
GE Vernova Gross Profit 2025: $7.54B
2025's gross profit for GE Vernova came in at $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 posted gross profit of $6.31B in 2024, surged 30.9% from 2023.
GE Vernova Gross Profit 2023: $4.82B
In 2023, GE Vernova reported gross profit of $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 by Gross Profit
Utilities peers of GE Vernova (GEV), ranked by their latest gross profit
| $19.36B | |
| $17.25B | |
| $10.17B | |
| $8.81B | |
| $8.09B | |
| $6.93B | |
| $4.00B | |
| $3.87B |
- $19.36B
- $17.25B
- $10.17B
- $8.81B
- $8.09B
- $4.00B
- $3.87B
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