The financials
GE Vernova by the numbers
GE Vernova (GEV) reported revenue of $11.1B in Q2 2026 (quarter ended June 30, 2026), up 22% from the same quarter a year earlier. That came with a gross margin of 21% and net income of $668M (6.0% of revenue). For the full year FY2025, revenue was $38.1B (+9.0% year on year) and net income $4.88B. Its largest segment in 2026-Q2 was Power at $4.43B, 55% of the disclosed total, just ahead of Electrification at 23%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $11.1B | $9.11B | +22% |
| Gross profit | $2.36B | $1.85B | +28% |
| Operating income | $653M | $378M | +73% |
| Net income | $668M | $514M | +30% |
| Diluted EPS | $2.47 | $1.86 | +33% |
| Operating | Revenue | Share |
|---|---|---|
| Power | $4.43B | 55% |
| Electrification | $1.88B | 23% |
| Wind | $1.72B | 21% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $8.03B (+21%)
Electrification grew +147% year on yearWind -15% year on year
Segment Latestquarter on quarteryear on year
- Power$4.43B$4.43BQoQ +8.9%year on year +13%+8.9%+13%
- Electrification$1.88B$1.88BQoQ +36%year on year +147%+36%+147%
- Wind$1.72B$1.72BQoQ +45%year on year -15%+45%-15%
Specialty Industrial Machinery
Ranks #1 of 44 by Smart Score