The GEV group, known as GE Vernova, reported a revenue of $34.42 billion in the last twelve months, ending September 30, 2024. The company's annual revenue for the year 2023 was $33.24 billion.
GE Vernova is a global energy company focused on power generation, grid solutions, and electrification. Understanding its revenue streams provides insight into its financial performance and market position within the energy sector.
GE Vernova's Recent Financial Performance
GE Vernova demonstrates consistent performance across different reporting periods. Here’s a detailed look at their recent revenue figures:
- Last Twelve Months (LTM): As of September 30, 2024, GE Vernova generated $34.42 billion in revenue over the preceding twelve months.
- Quarterly Revenue: In the quarter ending September 30, 2024, the company's revenue was $8.91 billion, indicating a growth of 9.78% for that period.
- Annual Revenue (2023): For the full year 2023, GE Vernova achieved an annual revenue of $33.24 billion, reflecting a 12.09% growth compared to the previous year.
These figures highlight the company's significant presence and growth trajectory in the dynamic energy market.
Revenue Breakdown for GEV Group (GE Vernova)
To provide a clear overview, here are the key revenue figures for GE Vernova:
| Period | Revenue (Billion USD) | Growth Rate |
|---|---|---|
| Last Twelve Months | $34.42 | N/A |
| Year 2023 | $33.24 | 12.09% |
| Q3 2024 | $8.91 | 9.78% |
This table summarizes the latest available revenue data, illustrating both annual and recent quarterly performance.
