Operating Income for GE Vernova (GEV)
According to GE Vernova's latest reported financial statements, the company's current operating income (TTM) is $1.52B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

GEV
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.52B
YoY change
+76.4%
5Y CAGR
N/A
Peak year (2025)
$1.39B
Cumulative operating income
-$2.51B
Operating Income history chart for GE Vernova (GEV) from 2021 to 2025
Operating Income history table for GE Vernova (GEV) from 2021 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.39B | +76.4% | ||
| 2024 | $787.00M | -185.3% | ||
| 2023 | -$923.00M | -68.0% | ||
| 2022 | -$2.88B | +225.9% | ||
| 2021 | -$884.00M | — |
Operating 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
As of the 2025 fiscal year, GE Vernova (GEV) reported operating income of $1.39B – surged 76.4% year-over-year.
The dataset's maximum operating income sits at $1.39B (2025); the minimum reading of -$2.88B dates to 2022.
Within Utilities, GE Vernova (GEV) ranks 8th among 8 peers we track. The peer median for operating income is $4.86B.
GE Vernova Operating Income by Year
GE Vernova Operating Income 2025: $1.39B
GE Vernova operating income in 2025 was $1.39B, surged 76.4% from 2024. This figure represents the highest annual value in the available history.
GE Vernova Operating Income 2024: $787.00M
GE Vernova operating income in 2024 was $787.00M, plunged 185.3% below 2023.
GE Vernova Operating Income 2023: -$923.00M
GE Vernova operating income in 2023 was -$923.00M, plunged 68.0% below 2022.
GE Vernova Operating Income 2022: -$2.88B
GE Vernova operating income in 2022 was -$2.88B, surged 225.9% from 2021. This figure represents the lowest annual value in the available history.
GE Vernova Operating Income 2021: -$884.00M
GE Vernova operating income in 2021 was -$884.00M.
See more financial history for GE Vernova (GEV).
Sector peers — Operating Income
Companies in the same sector as GE Vernova, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $8.58B | Utilities |
| NextEra Energy, Inc. (NEE) | $8.28B | Utilities |
| The Southern Company (SO) | $7.27B | Utilities |
| American Electric Power Company, Inc. (AEP) | $5.30B | Utilities |
| Dominion Energy, Inc. (D) | $4.41B | Utilities |
| Sempra (SRE) | $3.25B | Utilities |
| Constellation Energy Corporation (CEG) | $3.09B | Utilities |
| Vistra Corp. (VST) | $1.33B | Utilities |
Frequently asked questions
What is GE Vernova's operating income?
- Latest reported operating income for GE Vernova (GEV) is $1.52B (period ending March 31, 2026).
How has GE Vernova operating income changed year-over-year?
- GE Vernova (GEV) operating income changed +76.4% year-over-year on the latest annual filing.
When did GE Vernova operating income hit its highest annual value?
- GE Vernova operating income reached its highest annual value of $1.39B in 2025.
What was GE Vernova operating income in 2024?
- GE Vernova (GEV) operating income in 2024 was $787.00M.
What was GE Vernova operating income in 2025?
- GE Vernova (GEV) operating income in 2025 was $1.39B.
Metrics overview
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