GE Vernova (GEV) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter was lower than the preceding quarter but higher than the same quarter last year. The sequential decline contrasted with the year-over-year growth.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter was lower than the preceding quarter but higher than the same quarter last year. The sequential decline contrasted with the year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8B
Revenue reported for this quarter.
Quarter-over-quarter
-23.9%
Change from the immediately preceding quarter.
Year-over-year
+10.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$35.7B
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 |
|---|---|---|
| Jun 30, 2024 | $8.2B | +1.0% |
| Sep 30, 2024 | $8.9B | +8.0% |
| Dec 31, 2024 | $10.6B | +5.1% |
| Mar 31, 2025 | $8B | +10.6% |
Revenue performance
The quarter's revenue decreased from the immediately prior quarter, while it rose compared to the same period a year earlier.
Quarterly comparison
Sequentially, revenue fell, but on an annual basis it posted an increase.
What to watch
Monitor whether the sequential revenue weakness persists in upcoming quarters.