GEVHIGH SIGNALFINANCIAL10-K

GEV delivered exceptional financial performance with net income surging 215% to $4.9B while dramatically increasing share buybacks from $43M to $3.3B.

This represents a transformational year for GE Vernova as an independent company, demonstrating strong operational execution and robust cash generation capabilities. The massive increase in share buybacks signals management's confidence in the business and commitment to returning capital to shareholders, while the substantial improvement in profitability validates the spin-off strategy.

Comparing 2026-01-29 vs 2025-02-06View on EDGAR →
FINANCIAL ANALYSIS

GEV showed across-the-board growth with operating cash flow nearly doubling to $5.0B and net income more than tripling to $4.9B, demonstrating exceptional operational leverage as gross profit growth of 24% translated to much higher bottom-line gains. The company expanded its asset base by 22% to $63B with corresponding liability increases, while inventory growth of 21% suggests strong order activity and production scaling. The 7,600% surge in share buybacks to $3.3B represents a dramatic shift in capital allocation strategy, signaling both strong cash generation and management's confidence in long-term prospects.

FINANCIAL STATEMENT CHANGES
Share Buybacks
Cash Flow
+7611.6%
$43.0M$3.3B

Share repurchases increased 7611.6% — management returning capital, signals confidence in intrinsic value.

Net Income
P&L
+214.7%
$1.6B$4.9B

Net income grew 214.7% — bottom-line growth signals improving overall business health.

Operating Income
P&L
+194.7%
$471.0M$1.4B

Operating leverage kicking in — revenue growth outpacing cost growth, a hallmark of scaling businesses.

Operating Cash Flow
Cash Flow
+93.1%
$2.6B$5.0B

Operating cash flow surged 93.1% — exceptional cash generation, highest quality earnings signal.

Current Liabilities
Balance Sheet
+29.3%
$31.7B$41.0B

Current liabilities rose 29.3% — increased short-term obligations, watch current ratio.

Total Liabilities
Balance Sheet
+24%
$40.9B$50.7B

Liabilities increased 24% — monitor debt-to-equity ratio and interest coverage.

Gross Profit
P&L
+23.8%
$6.1B$7.5B

Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.

Total Assets
Balance Sheet
+22.4%
$51.5B$63.0B

Asset base grew 22.4% — expansion through organic growth, acquisitions, or capital deployment.

R&D Expense
P&L
+21.9%
$982.0M$1.2B

R&D investment increased 21.9% — signals commitment to future product development, though near-term margin impact.

Inventory
Balance Sheet
+21.5%
$8.6B$10.4B

Inventory built 21.5% — monitor whether demand supports this build or if write-downs may follow.

LANGUAGE CHANGES
NEW — 2026-01-29
PRIOR — 2025-02-06
ADDED
There were 269,529,464 shares of common stock with a par value of $0.01 outstanding at December 31, 2025 .
Management's Discussion and Analysis of Financial Condition and Results of Operations 23 Item 7A.
Form 10-K Summary 76 Signatures 77 2025 FORM 10-K 3 FORWARD-LOOKING STATEMENTS .
(the Company, GE Vernova, our, we, or us) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws that are subject to risks and uncertainties.
On April 2, 2024 , General Electric Company (GE) , which now operates as GE Aerospace, completed the previously announced spin-off (the Spin-Off) of GE Vernova.
+7 more — sign up free →
REMOVED
There were 275,900,754 shares of common stock with a par value of $0.01 outstanding at January 15, 2025.
Management's Discussion and Analysis of Financial Condition and Results of Operations 34 Item 7A.
Form 10-K Summary 89 Signatures 90 2024 FORM 10-K 3 FORWARD-LOOKING STATEMENTS.
This annual report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws that are subject to risks and uncertainties.
These forward-looking statements include, among others, statements about the benefits GE Vernova Inc.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
PNRGHIGHPNRG achieved exceptional profitability improvement with net income surging 2,21...
2026-04-16
BNAIHIGHBNAI underwent a dramatic reverse stock split that reduced share count by 86% wh...
2026-04-16
LAKEHIGHLAKE's financial performance deteriorated significantly with operating losses wo...
2026-04-16
NXXTHIGHNextNRG experienced massive financial deterioration with operating losses explod...
2026-04-16
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →