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General Electric vs GE Vernova: revenue, profit, margins and growth compared

General Electric brought in $45.9B of revenue in fiscal 2025, GE Vernova $38.1B in fiscal 2025. Revenue changed by +18.5% at General Electric and +9.0% at GE Vernova on the year before, so General Electric grew faster. General Electric kept 19.0% of its revenue as net profit, GE Vernova 12.8%. Free cash flow was $7.3B at General Electric and $3.7B at GE Vernova.

Side by side, latest fiscal year

GEGEV
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$45.9B$38.1B
Revenue growth+18.5%+9.0%
Net income$8.7B$4.9B
Net margin19.0%12.8%
Free cash flow$7.3B$3.7B
Free cash flow margin15.8%9.7%
Earnings per share (diluted)$8.14$17.69
Cash$12.4B$8.8B
Debt$20.5B$289M
Price to earnings40.254.1
Market value$339.4B$255B
Dividend yield0.44%0.13%
Rank by revenue in sector#16 of 530 · Technology#20 of 530 · Technology

Over the years

Revenue
GE FY2018: $113.5BGE FY2019: $90.2BGE FY2020: $75.8BGE FY2021: $56.5BGE FY2022: $29.1BGE FY2023: $35.3BGE FY2024: $38.7BGE FY2025: $45.9BGEV FY2022: $29.7BGEV FY2024: $33.2BGEV FY2024: $34.9BGEV FY2025: $38.1BFY18FY19FY20FY21FY22FY23FY24FY25
GE $45.9BGEV $38.1B
Net income
GE FY2018: -$22.4BGE FY2019: -$5BGE FY2020: $5.7BGE FY2021: -$6.3BGE FY2022: $336MGE FY2023: $9.5BGE FY2024: $6.6BGE FY2025: $8.7BGEV FY2022: -$2.7BGEV FY2024: -$438MGEV FY2024: $1.6BGEV FY2025: $4.9BFY18FY19FY20FY21FY22FY23FY24FY25
GE $8.7BGEV $4.9B
Net margin
GE FY2018: -19.7%GE FY2019: -5.5%GE FY2020: 7.5%GE FY2021: -11.2%GE FY2022: 1.2%GE FY2023: 26.8%GE FY2024: 16.9%GE FY2025: 19.0%GEV FY2022: -9.2%GEV FY2024: -1.3%GEV FY2024: 4.4%GEV FY2025: 12.8%FY18FY19FY20FY21FY22FY23FY24FY25
GE 19.0%GEV 12.8%
Revenue growth
GE FY2019: -20.5%GE FY2020: -15.9%GE FY2021: -25.5%GE FY2022: -48.4%GE FY2023: +21.3%GE FY2024: +9.5%GE FY2025: +18.5%GEV FY2024: +12.1%GEV FY2024: +5.1%GEV FY2025: +9.0%FY19FY20FY21FY22FY23FY24FY25
GE +18.5%GEV +9.0%
Free cash flow
GE FY2018: -$1.6BGE FY2019: $6.5BGE FY2020: $2BGE FY2021: $2.2BGE FY2022: $4.5BGE FY2023: $4.3BGE FY2024: $3.7BGE FY2025: $7.3BGEV FY2022: -$627MGEV FY2024: $442MGEV FY2024: $1.7BGEV FY2025: $3.7BFY18FY19FY20FY21FY22FY23FY24FY25
GE $7.3BGEV $3.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about General Electric and GE Vernova

Which is bigger by revenue, General Electric or GE Vernova?

General Electric is bigger by revenue: $45.9B in fiscal 2025, against $38.1B for GE Vernova in fiscal 2025.

Which keeps more of its revenue as profit, General Electric or GE Vernova?

General Electric had a net margin of 19.0% in fiscal 2025; GE Vernova had 12.8% in fiscal 2025.

Which grew revenue faster, General Electric or GE Vernova?

In their latest fiscal years revenue changed by +18.5% at General Electric and +9.0% at GE Vernova.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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