GE Vernova Inc. stock research
FY2026 Q1
GE Vernova (GEV) Gross Margin & Quarterly History
Explore GE Vernova Inc. (GEV) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue and gross profit declined from the prior quarter but increased compared to the same quarter last year. Cost of revenue followed a similar pattern, resulting in a gross margin that weakened sequentially yet improved year over year.
- The sequential decline in gross margin was driven by a proportionally larger drop in revenue relative to cost of revenue. Compared to the prior year, revenue grew slightly faster than cost of revenue, lifting the margin.
- Compared to the prior quarter, gross margin was lower, while versus the same quarter a year ago it was higher. The relationship between revenue and cost of revenue shifted unfavorably in the sequential comparison but favorably on an annual basis.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
19.1%
Gross profit
$1.8B
Revenue
$9.3B
Cost of revenue
$7.6B
Quarter-over-quarter change
-2.1 pts
Year-over-year change
+0.8 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $9.1B | $1.8B | $7.3B | 20.3% |
| Sep 30, 2025 | $10.0B | $1.9B | $8.1B | 19.0% |
| Dec 31, 2025 | $11.0B | $2.3B | $8.6B | 21.2% |
| Mar 31, 2026 | $9.3B | $1.8B | $7.6B | 19.1% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
-2.1 pts
Year-over-year change
Mar 31, 2025
+0.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The sequential decline in gross margin was driven by a proportionally larger drop in revenue relative to cost of revenue. Compared to the prior year, revenue grew slightly faster than cost of revenue, lifting the margin.
Compared to the prior quarter, gross margin was lower, while versus the same quarter a year ago it was higher. The relationship between revenue and cost of revenue shifted unfavorably in the sequential comparison but favorably on an annual basis.
Monitor the trajectory of cost of revenue relative to revenue, as its slower decline contributed to the sequential margin compression.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| GE Vernova Inc. (GEV) | 19.1% |