GE Vernova Q3 FY26: where the revenue came from and where it went
The whole income statement of GE Vernova for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2026
- Reported
- Oct 28, 2026
Revenue$12.64B
+27% year over year
Gross profit$3.11B
25% margin
Operating profit$1.39B
11% margin
Net profit$1.29B
10% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 12.64 | 100% | +27% |
| Power | 5.48 | 43% | |
| Services | 4.65 | 37% | |
| Wind | 2.03 | 16% | |
| Other | 0.49 | 4% | |
| Cost of revenue | −9.54 | 75% | |
| Gross profit | 3.11 | 25% margin | +6pp |
| R&D | −0.36 | 3% | +0pp |
| SG&A | −1.36 | 11% | −2pp |
| Operating profit | 1.39 | 11% margin | +7pp |
| Other income, net | 0.39 | ||
| Tax | −0.49 | ||
| Net profit | 1.29 | 10% margin | +6pp |
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