GE Vernova (GEV) Revenue & Revenue Breakdown


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GE Vernova Revenue Highlights


Latest Revenue (Y)

$38.07B

Latest Revenue (Q)

$9.97B

Main Segment (Y)

Product

Main Geography (Y)

Non-US

GE Vernova Revenue by Period


GE Vernova Revenue by Year

DateRevenueChange
2025-12-31$38.07B8.97%
2024-12-31$34.94B5.10%
2023-12-31$33.24B12.09%
2022-12-31$29.65B-10.16%
2021-12-31$33.01B-

GE Vernova generated $38.07B in revenue during NA 2025, up 8.97% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

GE Vernova Revenue by Quarter

DateRevenueChange
2025-09-30$9.97B9.42%
2025-06-30$9.11B13.43%
2025-03-31$8.03B-23.92%
2024-12-31$10.56B18.46%
2024-09-30$8.91B8.51%
2024-06-30$8.21B13.14%
2024-03-31$7.26B-27.73%
2023-12-31$10.04B21.73%
2023-09-30$8.25B1.63%
2023-06-30$8.12B19.03%
2023-03-31$6.82B-

GE Vernova generated $9.97B in revenue during Q3 2025, up 9.42% compared to the previous quarter, and up 121.37% compared to the same period a year ago.

GE Vernova Revenue Breakdown


GE Vernova Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24
Product$20.93B$18.95B
Service$17.13B$15.98B

GE Vernova's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product (54.99%), and Service (45.01%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24
Service$4.99B$4.09B$4.22B$3.83B-$75.68B$73.92B
Product$5.96B$5.88B$4.89B$4.20B-$42.07B$41.56B

GE Vernova's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Product (54.43%), and Service (45.57%).

GE Vernova Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24
Europe$7.59B$8.32B
Americas, Excluding U.S.$3.12B$3.04B
Asia$4.63B$4.70B
UNITED STATES$17.34B$14.68B
Non-US$20.73B$20.26B
Middle East and Africa$5.39B$4.19B

GE Vernova's latest annual revenue breakdown by geography, as of Dec 25: Non-US (35.25%), UNITED STATES (29.49%), Europe (12.92%), Middle East and Africa (9.17%), Asia (7.87%), and Americas, Excluding U.S. (5.30%).

GE Vernova Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
GEVGE Vernova$38.07B$9.97B
DUKDuke Energy$30.36B$8.54B
SOSouthern$29.55B$7.82B
NEENextEra Energy$27.48B$7.97B
CEGConstellation Energy$25.53B$6.57B
AQNAlgonquin Power & Utilities$2.74B$737.10M
CWENClearway Energy$1.43B$429.00M
ORAOrmat$989.54M$249.73M
ENLTEnlight Renewable Energy$255.70M$89.59M

GEV Revenue FAQ


What is GE Vernova’s yearly revenue?

GE Vernova's yearly revenue for 2025 was $38.07B, representing an increase of 8.97% compared to 2024. The company's yearly revenue for 2024 was $34.94B, representing an increase of 5.10% compared to 2023. GEV's yearly revenue for 2023 was $33.24B, representing an increase of 12.09% compared to 2022.

What is GE Vernova’s quarterly revenue?

GE Vernova's quarterly revenue for Q3 2025 was $9.97B, a 9.42% increase from the previous quarter (Q2 2025), and a 11.85% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $9.11B, a 13.43% increase from the previous quarter (Q1 2025), and a 10.92% increase year-over-year (Q2 2024). GEV's quarterly revenue for Q1 2025 was $8.03B, a -23.92% decrease from the previous quarter (Q4 2024), and a 10.63% increase year-over-year (Q1 2024).

What is GE Vernova’s revenue growth rate?

GE Vernova's revenue growth rate for the last 3 years (2023-2025) was 14.53%, and for the last 5 years (2021-2025) was 15.34%.

What are GE Vernova’s revenue streams?

GE Vernova's revenue streams in c 25 are Product, and Service. Product generated $20.93B in revenue, accounting 54.99% of the company's total revenue, up 10.46% year-over-year. Service generated $17.13B in revenue, accounting 45.01% of the company's total revenue, up 7.20% year-over-year.

What is GE Vernova’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of GE Vernova was Product. This segment made a revenue of $20.93B, representing 54.99% of the company's total revenue.