GE Vernova Inc. (GEV) closed fiscal year 2025 with a gross margin of 19.8 % and a net margin of 12.8 %.
GE Vernova Inc. (GEV) closed fiscal year 2025 with a gross margin of 19.8 % and a net margin of 12.8 %. The same year shows an EBITDA margin of 5.9 % and an EBIT margin of 3.6 %. The free cash flow margin was 9.7 %. Against the previous year the gross margin moved +2.4 pp and the net margin +8.4 pp. Across the period the gross margin ranges between 11.7 % in 2022 and 19.8 % in 2025. The series covers 4 fiscal years, from 2022 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Gross margin (%) | 11.66 % | 14.50 % | 17.42 % | 19.79 % |
| EBITDA margin (%) | -3.66 % | 0.12 % | 4.70 % | 5.89 % |
| EBIT margin (%) | -9.72 % | -2.78 % | 1.35 % | 3.65 % |
| Net margin (%) | -9.23 % | -1.32 % | 4.44 % | 12.83 % |
| FCF margin (%) | -2.11 % | 1.33 % | 4.87 % | 9.75 % |
