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GE Vernova Inc SupplierIQ Procurement Profile
GE Vernova Inc. is a global electric power company offering products and services that generate, transfer, orchestrate, convert, and store electricity. It organizes its business into three segments: the Power segment, which designs, manufactures, and services gas, nuclear, hydro, and steam technologies; the Wind segment, which includes wind generation technologies, such as onshore and offshore wind turbines and blades; and the Electrification segment, which offers grid solutions, power conversion, solar and storage solutions and digital technologies for the transmission, distribution, conversion, storage, and orchestration of electricity from generation to consumption. It sells its products directly to utilities, independent power producers, commercial and industrial companies, and grid operators. It operates manufacturing, assembly, and component production facilities worldwide. The firm was incorporated in Delaware on February 28, 2023. Its headquarters are located in Cambridge, Massachusetts.
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What’s included in this SupplierIQ Profile
IBISWorld's SupplierIQ profile covering GE Vernova Inc includes financial statements, products & service markets, competitive position and key financial health ratios.
Company Snapshot
What’s covered in this SupplierIQ Profile?
This SupplierIQ profile on GE Vernova Inc covers the company’s financial statements, products & service markets, competitive position and key financial health ratios. GE Vernova Inc, trading as GE Vernova, is a public company with 80.0k employees.
What industries does GE Vernova Inc operate in?
GE Vernova Inc primarily operates in All Other Miscellaneous Electrical Equipment and Component Manufacturing, as well as in Electric Power Generation in the US, Machinery Repair & Maintenance in the US, Engineering Services in the US, Boiler & Heat Exchanger Manufacturing in the US, Electrical Equipment Manufacturing in the US, Semiconductor and Other Electronic Component Manufacturing in the US, Measuring, Testing & Navigational Instrument Manufacturing in the US, Electrical Component Manufacturing in the US, Engine, Turbine & Power Transmission Equipment Manufacturing in the US and Fashion Designers in the US.
Product & Service Markets
What’s included in the Product & Service Markets chapter?
The Product & Service Markets chapter provides a breakdown of GE Vernova Inc’s key product and service segments, organized by standardized industry classifications like NAICS. It includes their market share in each of these markets with market share trends and insights.
Competitive Position
What’s included in the Competitive Position chapter?
The Competitive Position chapter covers GE Vernova Inc’s performance relative to competitors in each of the products and service markets the company operates in. This includes a detailed competitor matrix comparing the market share, return on assets, return on equity, pricing power and competitive outlook. There are qualitative insights and a detailed SWOT analysis included for each product and service market.
Income Statement
What’s included in the Income Statement chapter?
The Income Statement chapter includes datasets covering GE Vernova Inc’s historical financial performance. Line items include revenue, cost of sales, gross margins, general and administrative costs, research and development costs, depreciation, interest and taxes. This is available in current and historical datasets.
Balance Sheet
What’s included in the Balance Sheet chapter?
The Balance Sheet chapter includes datasets covering GE Vernova Inc’s historical financial health. Current asset and non-current asset accounts include line items like cash, receivables, inventories, property, plant and equipment, investments, goodwill. Current liabilities and non-current liabilities accounts include line items like accounts payable, debts, provisions and lease liabilities. The equity accounts include line items like paid-in capital, retained earnings, employee stock option plans and treasury stock. This is available in current and historical datasets.
Cash Flows
What’s included in the Cash Flows chapter?
The Cash Flows chapter includes detailed line item accounts covering GE Vernova Inc’s operating cash flow activities, financing cash flow activities and investing cash flow activities. This is available in current and historical datasets.
Ratios
What’s included in the Ratios chapter?
The Ratios chapter covers key financial metrics like the operating margin, gross margin, return on equity, return on assets, current ratio, quick ratio, EBIT margins, EBITDA margins, debt ratio, equity ratio and debt to equity ratios. This is available in current and historical datasets.
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Frequently Asked Questions
What is the 2025 revenue for GE Vernova Inc?
According to the 2026 IBISWorld ProcurementIQ report, GE Vernova Inc generated $38.1bn in revenue.
Who are GE Vernova Inc’s main competitors?
The 2026 ProcurementIQ report benchmarks GE Vernova Inc against its top competitors across execution score, operational capabilities, pricing power, and market share.
What is GE Vernova Inc’s EBITDA margin?
GE Vernova Inc’s EBITDA margin is reported across a 7-year period in the 2026 IBISWorld ProcurementIQ report. The report includes a full income statement breakdown.
What markets does GE Vernova Inc operate in?
The 2026 report identifies all NAICS-coded product and service markets GE Vernova Inc participates in, including market share, concentration, profitability trends, and average vendor risk ratings.
How many employees does GE Vernova Inc have?
The 2026 ProcurementIQ report lists GE Vernova Inc’s employee count and benchmarks workforce size against key competitors to assess relative operational capacity.
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