GE Vernova (GEV) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased both sequentially and year over year. The company demonstrated continued top-line momentum.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased both sequentially and year over year. The company demonstrated continued top-line momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.6B
Revenue reported for this quarter.
Quarter-over-quarter
+18.5%
Change from the immediately preceding quarter.
Year-over-year
+5.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.9B
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 |
|---|---|---|
| Mar 31, 2024 | $7.3B | +6.4% |
| Jun 30, 2024 | $8.2B | +1.0% |
| Sep 30, 2024 | $8.9B | +8.0% |
| Dec 31, 2024 | $10.6B | +5.1% |
Revenue performance
The reported quarter’s revenue was higher than the prior quarter’s and also exceeded the level from the same quarter a year earlier.
Quarterly comparison
Sequentially, revenue rose from the preceding period. Year over year, revenue also gained compared to the same period last year.
What to watch
Monitor whether the company can sustain this revenue growth in future quarters.