Net Income for GE Vernova (GEV)
According to GE Vernova's latest reported financial statements, the company's current net income (TTM) is $9.38B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
GEV
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$9.38B
YoY change
+214.7%
5Y CAGR
N/A
Peak year (2025)
$4.88B
Cumulative net income
$2.63B
Net Income history chart for GE Vernova (GEV) from 2021 to 2025
Net Income history table for GE Vernova (GEV) from 2021 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $4.88B | +214.7% | ||
| 2024 | $1.55B | -454.3% | ||
| 2023 | -$438.00M | -84.0% | ||
| 2022 | -$2.74B | +332.2% | ||
| 2021 | -$633.00M | — |
Net Income 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
The 2025 reading of GE Vernova (GEV) net income is $4.88B – surged 214.7% year-over-year.
Across the available history, net income reached its high of $4.88B in 2025 and its low of -$2.74B in 2022.
Within Utilities, GE Vernova (GEV) ranks 3rd among 8 peers we track. The peer median for net income is $3.29B.
GE Vernova Net Income by Year
GE Vernova Net Income 2025: $4.88B
GE Vernova net income in 2025 was $4.88B, surged 214.7% from 2024. This figure represents the highest annual value in the available history.
GE Vernova Net Income 2024: $1.55B
GE Vernova net income in 2024 was $1.55B, plunged 454.3% below 2023.
GE Vernova Net Income 2023: -$438.00M
GE Vernova net income in 2023 was -$438.00M, plunged 84.0% below 2022.
GE Vernova Net Income 2022: -$2.74B
GE Vernova net income in 2022 was -$2.74B, surged 332.2% from 2021. This figure represents the lowest annual value in the available history.
GE Vernova Net Income 2021: -$633.00M
GE Vernova net income in 2021 was -$633.00M.
See more financial history for GE Vernova (GEV).
Sector peers — Net Income
Companies in the same sector as GE Vernova, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $6.83B | Utilities |
| Duke Energy Corporation (DUK) | $4.97B | Utilities |
| The Southern Company (SO) | $4.34B | Utilities |
| American Electric Power Company, Inc. (AEP) | $3.58B | Utilities |
| Dominion Energy, Inc. (D) | $3.00B | Utilities |
| Constellation Energy Corporation (CEG) | $2.32B | Utilities |
| Sempra (SRE) | $1.84B | Utilities |
| Vistra Corp. (VST) | $944.00M | Utilities |
Frequently asked questions
What is GE Vernova's net income?
- Latest reported net income for GE Vernova (GEV) is $9.38B (period ending March 31, 2026).
How has GE Vernova net income changed year-over-year?
- GE Vernova (GEV) net income changed +214.7% year-over-year on the latest annual filing.
When did GE Vernova net income hit its highest annual value?
- GE Vernova net income reached its highest annual value of $4.88B in 2025.
What was GE Vernova net income in 2024?
- GE Vernova (GEV) net income in 2024 was $1.55B.
What was GE Vernova net income in 2025?
- GE Vernova (GEV) net income in 2025 was $4.88B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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