Flagship explainer

How GE Vernova Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$38.1B · 100%Cost of revenue$30.5B · 80%Gross profit$7.5B · 20%Operating income$1.4B · 4%Income before tax$2.8B · 7%Income tax−$2.1B · −5%Net income$4.9B · 13%As of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$38.1B100%
Cost of revenue$30.5B80%
$7.5B20%
$1.4B4%
Income before tax$2.8B7%
Income tax−$2.1B−5%
$4.9B13%
Source: · event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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