GE Vernova Inc. logo GEV - GE Vernova Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 21
HOLD 7
SELL 0
STRONG
SELL
0
| PRICE TARGET: $1,119.95 DETAILS
HIGH: $1,400.00
LOW: $714.00
MEDIAN: $1,195.00
CONSENSUS: $1,119.95
UPSIDE: 7.82%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1
Revenue
Revenue 9,339 10,956 9,969 9,111 8,041 10,558 8,913 8,204 7,259 10,045 8,252 8,120 6,822
Cost of Revenue 7,557 8,635 8,071 7,265 6,519 8,435 7,804 6,502 6,110 8,359 7,201 6,973 5,903
Gross Profit 1,781 2,321 1,898 1,846 1,522 2,123 1,109 1,702 1,150 1,687 1,051 1,147 919
Operating Expenses
R&D Expenses 304 366 310 282 239 265 243 237 237 255 223 216 202
SG&A Expenses 1,298 1,355 1,221 1,185 1,207 1,266 1,226 938 1,202 1,335 1,135 1,272 1,186
Other Expenses 0 (2) 1 1 0 (1) (1) 0 (1) (1) 0 0 0
Operating Expenses 1,602 1,719 1,532 1,468 1,446 1,530 1,468 1,175 1,438 1,589 1,358 1,488 1,388
Operating Income
Operating Income 179 601 366 378 76 593 (359) 527 (289) 97 (307) (341) (469)
Interest Expense 0 0 0 0 0 0 0 0 14 8 21 21 21
Interest Income 0 80 135 59 72 104 57 81 6 (48) 23 17 0
Profitability
EBITDA 179 1,335 959 850 538 861 38 781 169 669 247 233 (163)
EBIT 179 1,105 746 645 333 592 (360) 527 (82) 417 5 (6) (394)
Income Before Tax 5,103 1,105 746 645 333 1,113 (122) 1,602 (96) 409 (16) (27) (415)
Income Tax Expense 354 (2,565) 293 153 68 629 (23) 322 10 305 169 122 (69)
Net Income 4,745 3,664 452 514 254 484 (96) 1,294 (130) 95 (170) (150) (315)
Per Share Data
EPS (Basic) 17.65 13.45 1.66 1.89 0.92 1.75 -0.35 4.72 -0.48 0.35 -0.62 -0.55 -1.15
EPS (Diluted) 17.44 13.28 1.64 1.86 0.91 1.73 -0.35 4.65 -0.48 0.35 -0.62 -0.55 -1.15
Shares Outstanding 269 272 272 272 275 275 275 274 272.1 272.1 272.1 272.1 274
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4
Current Assets
Cash & Cash Equivalents 10,172 8,848 7,945 7,892 8,107 8,205 7,395 5,779 3,255 1,551
Short-Term Investments 0 0 0 0 0 0 0 0 0 0
Net Receivables 19,177 19,097 16,859 16,436 16,176 16,795 15,818 15,134 15,675 15,969
Inventory 11,919 10,429 9,221 9,038 8,505 7,818 8,266 8,109 7,730 7,199
Other Current Assets 0 1,842 2,253 1,343 497 1,038 551 463 1,454 2,581
Total Current Assets 41,268 40,216 36,278 34,709 33,285 34,153 32,030 29,485 28,114 27,428
Non-Current Assets
Property, Plant & Equipment 7,139 6,006 5,554 5,418 5,225 5,150 5,148 5,168 5,224 5,228
Goodwill 9,855 4,439 4,327 4,528 4,368 4,263 4,444 4,354 0 4,437
Intangible Assets 4,543 727 747 739 773 812 869 925 5,394 1,042
Long-Term Investments 2,900 1,834 1,916 2,170 3,152 2,149 3,377 2,405 3,647 3,555
Other Non-Current Assets (2,900) 4,473 3,892 3,778 3,117 3,318 3,486 4,332 4,065 2,849
Total Non-Current Assets 21,537 22,800 18,120 18,366 18,274 17,331 18,823 18,567 19,758 18,693
Total Assets 75,612 63,016 54,398 53,078 51,559 51,485 50,853 48,052 47,872 46,121
Current Liabilities
Account Payables 6,333 0 5,887 5,751 5,205 4,942 5,397 4,700 4,330 4,701
Short-Term Debt 51 0 0 0 0 241 0 0 0 365
Deferred Revenue 31,830 25,774 20,151 19,603 18,708 17,587 16,908 16,536 15,919 15,074
Other Current Liabilities 9,880 15,198 9,234 8,407 8,764 7,011 8,929 7,829 9,267 7,424
Total Current Liabilities 48,094 40,972 35,272 33,761 32,677 31,685 31,233 29,065 29,516 29,306
Non-Current Liabilities
Long-Term Debt 2,554 0 0 0 0 572 0 0 0 535
Deferred Tax Liabilities 1,298 1,162 820 818 782 827 823 674 423 382
Other Non-Current Liabilities 8,349 8,587 8,577 8,552 8,428 6,841 8,279 8,264 7,953 6,536
Total Non-Current Liabilities 12,453 9,749 9,397 9,370 9,210 9,207 9,102 8,938 8,376 8,435
Total Liabilities 60,547 50,721 44,669 43,131 41,887 40,892 40,335 38,003 37,892 37,741
Stockholders' Equity
Common Stock 3 3 3 3 3 3 3 3 9,659 0
Retained Earnings 10,762 6,154 2,626 2,241 1,865 1,611 1,198 1,294 0 0
Accumulated Other Comprehensive Income (1,574) (1,407) (1,438) (1,445) (1,659) (1,759) (1,031) (1,031) (686) (635)
Total Stockholders' Equity 13,922 11,178 8,646 8,877 8,607 9,546 9,504 9,067 8,974 7,416
Total Liabilities & Equity 75,612 63,016 54,398 53,078 51,559 51,485 50,853 48,052 47,873 46,121
Debt Metrics
Total Debt 2,857 0 0 0 0 1,623 0 0 0 1,709
Net Debt (7,315) (8,848) (7,945) (7,892) (8,107) (6,582) (7,395) (5,779) (3,255) 158
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1
Operating Activities
Net Income 4,750 3,664 452 492 254 484 (96) 1,294 (130) 197 (170) (149) (314)
Depreciation & Amortization 342 230 213 205 205 269 398 254 251 252 242 239 231
Stock-Based Compensation 0 0 0 0 0 0 (54) 0 0 0 0 0 0
Change in Working Capital 4,853 1,758 338 (108) 922 218 615 256 (399) 1,351 255 42 (279)
Other Non-Cash Items (5,111) (1,610) 103 (520) (75) (355) 410 (825) (166) 381 (291) (575) (328)
Operating Cash Flow 5,188 2,480 980 367 1,161 921 1,124 979 (444) 1,931 233 (288) (690)
Investing Activities
Capital Expenditure (397) (671) (247) (173) (186) (350) (159) (157) (217) (280) (181) (159) (124)
Acquisitions 0 6 58 0 34 382 (1) 648 4 6 10 (2) 2
Purchases of Investments (10) (30) (27) (24) (6) 0 (2) (17) (91) (6) (37) 0 (18)
Sales/Maturities of Investments 44 216 157 1 90 0 1 2 29 12 187 0 13
Other Investing Activities (3,928) 105 (108) 75 (25) (207) 47 61 (10) 11 (15) (239) 86
Investing Cash Flow (4,291) (374) (167) (121) (93) (175) (114) 537 (285) (257) (36) (400) (41)
Financing Activities
Net Debt Issuance 2,567 0 0 0 0 0 0 0 (23) (14) 1 11 18
Stock Repurchased (1,278) (1,075) (660) (480) (1,101) 0 0 0 0 0 0 0 0
Dividends Paid (137) (68) (68) (70) (69) 0 0 0 0 0 0 0 0
Other Financing Activities (710) (35) (46) (54) (87) 163 585 970 1,957 (1,050) (287) 227 686
Financing Cash Flow 442 (1,178) (774) (604) (1,257) 163 585 970 1,934 (1,064) (286) 238 704
Cash Position
Net Change in Cash 1,323 903 53 (214) (98) 810 1,616 2,524 1,704 1,551 0 (453) 0
Cash at Beginning 8,848 7,945 7,892 8,107 8,205 7,395 5,779 3,255 1,551 0 0 2,073 0
Cash at End 10,171 8,848 7,945 7,893 8,107 8,205 7,395 5,779 3,255 1,551 0 1,620 0
Free Cash Flow 4,791 1,809 733 194 975 571 968 822 (661) 1,651 52 (447) (814)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1
Income Statement
Revenue 9,339 10,956 9,969 9,111 8,041 10,558 8,913 8,204 7,259 10,045 8,252 8,120 6,822
Gross Profit 1,781 2,321 1,898 1,846 1,522 2,123 1,109 1,702 1,150 1,687 1,051 1,147 919
Operating Income 179 601 366 378 76 593 (359) 527 (289) 97 (307) (341) (469)
Net Income 4,745 3,664 452 514 254 484 (96) 1,294 (130) 95 (170) (150) (315)
EPS (Diluted) 17.44 13.28 1.64 1.86 0.91 1.73 -0.35 4.65 -0.48 0.35 -0.62 -0.55 -1.15
Balance Sheet
Cash & Equivalents 10,172 8,848 7,945 7,892 8,107 8,205 7,395 5,779 3,255 1,551
Total Assets 75,612 63,016 54,398 53,078 51,559 51,485 50,853 48,052 47,872 46,121
Total Debt 2,857 0 0 0 0 1,623 0 0 0 1,709
Stockholders' Equity 13,922 11,178 8,646 8,877 8,607 9,546 9,504 9,067 8,974 7,416
Cash Flow
Operating Cash Flow 5,188 2,480 980 367 1,161 921 1,124 979 (444) 1,931 233 (288) (690)
Capital Expenditure (397) (671) (247) (173) (186) (350) (159) (157) (217) (280) (181) (159) (124)
Free Cash Flow 4,791 1,809 733 194 975 571 968 822 (661) 1,651 52 (447) (814)