FINHUB Insights

GEV · Q4 FY25 · Oct 1 – Dec 31, 2025

GE Vernova Q4 FY25: where the revenue came from and where it went

GE Vernova Q4 FY25: revenue $11.0B (+4% year over year). Net profit $3.7B. Largest cohort Equipment revenues $7.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2025
Reported
Jan 29, 2026 10-K
Sankey diagram of GE Vernova's income statement for Q4 FY25: revenue of $10.96 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$10.96B +4% year over year
Gross profit$2.32B 21% margin
Operating profit$0.60B 5% margin
Net profit$3.66B 33% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
ItemValueShare of revenueYear over year
Revenue 10.96 100% +4%
Equipment revenues 7.22 66%
Electrification 2.17 20%
Wind 1.86 17%
Other 0.16 1%
Cost of revenue−8.6379%
Gross profit2.3221% margin+1pp
Research & development−0.373%+1pp
SG&A−1.3612%+0pp
Operating profit0.605% margin+0pp
Net profit3.6633%+29pp

Source of the numbers: tables in the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.

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