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GE Vernova Inc. FY 2025 10-K, explained in plain English

GEV · 10-K for the period ending December 31, 2025, filed January 29, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$38.1B
Gross margin19.8%
Operating income$1.4B
Net income$4.9B
Diluted EPS$17.69
Cash & equivalents— not reported
Total assets$63.0B
Long-term debt— not reported

Key takeaway

Revenue reached $38.07 billion for 2025, with the Power segment supported by strong gas turbine demand and a $94.4 billion remaining performance obligation.

🔒 4 more takeaways in the full analysis

Beneath the surface

The reported $4.884 billion net income is inflated relative to the $1.388 billion operating income mainly due to a $2.051 billion income tax benefit (effective tax rate of -72.5%), a one-off that masks weaker core profitability.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for GEV.

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