GE Vernova (GEV) Revenue — Quarter Ended Jun 30, 2024
Revenue rose in the quarter, supported by gains from both the preceding quarter and the year-ago period.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue rose in the quarter, supported by gains from both the preceding quarter and the year-ago period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.2B
Revenue reported for this quarter.
Quarter-over-quarter
+13.0%
Change from the immediately preceding quarter.
Year-over-year
+1.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $8.3B | n/a |
| Dec 31, 2023 | $10B | n/a |
| Mar 31, 2024 | $7.3B | +6.4% |
| Jun 30, 2024 | $8.2B | +1.0% |
Revenue performance
Sequential growth accelerated sharply from the first quarter, signaling a rebound in business momentum.
Quarterly comparison
Revenue was higher sequentially and posted a modest year-over-year increase compared with the same quarter last year.
What to watch
The sustainability of this revenue trajectory in the second half of the year will be a key focus.