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GE Vernova (GEV) Revenue & Revenue Breakdown

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GE Vernova Revenue Highlights

Latest Revenue (Y)

$34.94B

Latest Revenue (Q)

$9.97B

Main Segment (Y)

Service

Main Geography (Y)

Non-US

GE Vernova Revenue by Period

GE Vernova Revenue by Year

DateRevenueChange
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 $34.94B in revenue during NA 2024, up 5.10% 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 24
Service$75.98B
Product$43.05B

GE Vernova's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (63.83%), and Product (36.17%).

Quarterly Revenue by Product

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

GE Vernova's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Product (58.98%), and Service (41.02%).

GE Vernova Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24
UNITED STATES$14.68B
Middle East and Africa$4.19B
Non-US$20.26B
Americas, Excluding U.S.$3.04B
Asia$4.70B
Europe$8.32B

GE Vernova's latest annual revenue breakdown by geography, as of Dec 24: Non-US (36.70%), UNITED STATES (26.60%), Europe (15.08%), Asia (8.51%), Middle East and Africa (7.60%), and Americas, Excluding U.S. (5.50%).

GE Vernova Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
GEVGE Vernova$34.94B$9.97B
DUKDuke Energy$30.36B$7.51B
SOSouthern$26.72B$6.97B
CEGConstellation Energy$23.57B$6.10B
NEENextEra Energy$17.02B$6.70B
AQNAlgonquin Power & Utilities$2.74B$737.10M
CWENClearway Energy$1.37B$392.00M
ORAOrmat$879.65M$234.02M
ENLTEnlight Renewable Energy$255.70M$89.59M

GEV Revenue FAQ

What is GE Vernova’s yearly revenue?

GE Vernova's yearly revenue for 2024 was $34.94B, representing an increase of 5.10% compared to 2023. The company's yearly revenue for 2023 was $33.24B, representing an increase of 12.09% compared to 2022. GEV's yearly revenue for 2022 was $29.65B, representing a decrease of -10.16% compared to 2021.

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 (2022-2024) was 17.81%

What are GE Vernova’s revenue streams?

GE Vernova's revenue streams in c 24 are Service, and Product. Service generated $75.98B in revenue, accounting 63.83% of the company's total revenue Product generated $43.05B in revenue, accounting 36.17% of the company's total revenue

What is GE Vernova’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of GE Vernova was Service. This segment made a revenue of $75.98B, representing 63.83% of the company's total revenue.