GE Vernova Inc. (GEV) balance sheet
NYSE · Industrials · Industrial - Machinery · 78,000 employees · CEO Scott L. Strazik
- Price
- $857.87 -3.38%
- Market cap
- $227B
- Enterprise value
- $213B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-01-27 EPS est. $6.60
At the end of Q3 '26 GE Vernova Inc. (GEV) held $16.8B in cash and short-term investments against $2.83B of debt incl. leases. Total assets $86.2B, total liabilities $73.7B, shareholders' equity $11.4B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $1.55B | $3.26B | $5.78B | $7.4B | $8.21B | $8.11B | $7.89B | $7.95B | $8.85B | $10.2B | $13.1B | $16.8B | |
| Receivables | $16B | $15.7B | $15.1B | $15.8B | $16.8B | $16.2B | $16.4B | $16.9B | $19.1B | $19.2B | $20.6B | $20.9B | |
| Inventory | $7.2B | $7.73B | $8.11B | $8.27B | $7.82B | $8.51B | $9.04B | $9.22B | $10.4B | $11.9B | $12B | $13B | |
| Other current assets | $2.58B | $1.45B | $463M | $551M | $1.04B | $497M | $1.34B | $2.25B | $1.84B | $0 | $1.73B | $0 | |
| Current assets | $27.4B | $28.1B | $29.5B | $32B | $34.2B | $33.3B | $34.7B | $36.3B | $40.2B | $41.3B | $47.4B | $50.7B | |
| Property, plant & equipment (net) | $5.23B | $5.22B | $5.17B | $5.15B | $5.15B | $5.23B | $5.42B | $5.55B | $6.01B | $7.14B | $7.35B | $7.82B | |
| Long-term investments | $3.56B | $3.65B | $2.41B | $3.38B | $2.15B | $3.15B | $2.17B | $1.92B | $1.83B | $2.9B | $1.38B | $1.43B | |
| Goodwill | $4.44B | $0 | $4.35B | $4.44B | $4.26B | $4.37B | $4.53B | $4.33B | $4.44B | $9.86B | $9.69B | $9.61B | |
| Intangible assets | $1.04B | $5.39B | $925M | $869M | $812M | $773M | $739M | $747M | $727M | $4.54B | $4.51B | $4.34B | |
| Deferred tax assets | $1.58B | $1.43B | $1.38B | $1.5B | $1.64B | $1.64B | $1.73B | $1.68B | $5.32B | $0 | $5.79B | $0 | |
| Other non-current assets | $2.85B | $4.07B | $4.33B | $3.49B | $3.32B | $3.12B | $3.78B | $3.89B | $4.47B | -$2.9B | $4.64B | -$1.43B | |
| Non-current assets | $18.7B | $19.8B | $18.6B | $18.8B | $17.3B | $18.3B | $18.4B | $18.1B | $22.8B | $21.5B | $33.4B | $21.8B | |
| Total assets | $46.1B | $47.9B | $48.1B | $50.9B | $51.5B | $51.6B | $53.1B | $54.4B | $63B | $75.6B | $80.8B | $86.2B | |
| Liabilities | |||||||||||||
| Accounts payable | $4.7B | $4.33B | $4.7B | $5.4B | $4.94B | $5.21B | $5.75B | $5.89B | $0 | $6.33B | $10.1B | $7.11B | |
| Accrued expenses | $1.62B | $0 | $0 | $0 | $1.82B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Short-term debt | $365M | $0 | $0 | $0 | $241M | $0 | $0 | $0 | $0 | $51M | $0 | $31M | |
| Taxes payable | $584M | $0 | $458M | $0 | $455M | $0 | $256M | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $15.1B | $15.9B | $16.5B | $16.9B | $17.6B | $18.7B | $19.6B | $20.2B | $25.8B | $31.8B | $39.9B | $45.7B | |
| Other current liabilities | $7.42B | $9.27B | $7.83B | $8.93B | $7.01B | $8.76B | $8.41B | $9.23B | $15.2B | $9.88B | $4.62B | $5.98B | |
| Current liabilities | $29.3B | $29.5B | $29.1B | $31.2B | $31.7B | $32.7B | $33.8B | $35.3B | $41B | $48.1B | $55.8B | $62.5B | |
| Long-term debt | $535M | $0 | $0 | $0 | $572M | $0 | $0 | $0 | $0 | $2.55B | $0 | $2.56B | |
| Lease obligations (non-current) | $809M | $0 | $0 | $0 | $810M | $0 | $0 | $0 | $0 | $252M | $2.79B | $240M | |
| Deferred revenue (non-current) | $173M | $0 | $0 | $0 | $157M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred tax liabilities | $382M | $423M | $674M | $823M | $827M | $782M | $818M | $820M | $1.16B | $1.3B | $1.47B | $1.47B | |
| Other non-current liabilities | $6.54B | $7.95B | $8.26B | $8.28B | $6.84B | $8.43B | $8.55B | $8.58B | $8.59B | $8.35B | $7.59B | $6.95B | |
| Non-current liabilities | $8.44B | $8.38B | $8.94B | $9.1B | $9.21B | $9.21B | $9.37B | $9.4B | $9.75B | $12.5B | $11.9B | $11.2B | |
| Total liabilities | $37.7B | $37.9B | $38B | $40.3B | $40.9B | $41.9B | $43.1B | $44.7B | $50.7B | $60.5B | $67.7B | $73.7B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $0 | $9.66B | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | |
| Retained earnings | $0 | $0 | $1.29B | $1.2B | $1.61B | $1.87B | $2.24B | $2.63B | $6.15B | $10.8B | $11.3B | $12.5B | |
| Accumulated other comprehensive income | -$635M | -$686M | -$1.03B | -$1.03B | -$1.76B | -$1.66B | -$1.45B | -$1.44B | -$1.41B | -$1.57B | -$1.73B | -$1.87B | |
| Shareholders' equity | $7.42B | $8.97B | $9.07B | $9.5B | $9.55B | $8.61B | $8.88B | $8.65B | $11.2B | $13.9B | $12B | $11.4B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $1.71B | $0 | $0 | $0 | $1.62B | $0 | $0 | $0 | $0 | $2.86B | $3.96B | $2.83B | |
| Net debt (debt - cash) | $158M | -$3.26B | -$5.78B | -$7.4B | -$6.58B | -$8.11B | -$7.89B | -$7.95B | -$8.85B | -$7.32B | -$9.16B | -$13.9B | |
| Balance sheet | Trend | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & equivalents | $2.07B | $1.55B | $8.21B | $8.85B | |
| Receivables | $14.9B | $16B | $16.8B | $19.1B | |
| Inventory | $6.75B | $7.2B | $7.82B | $10.4B | |
| Other current assets | $2.13B | $2.58B | $558M | $1.84B | |
| Current assets | $25.9B | $27.4B | $34.2B | $40.2B | |
| Property, plant & equipment (net) | $5.11B | $5.23B | $5.15B | $6.01B | |
| Long-term investments | $3.69B | $2.34B | $2.15B | $1.83B | |
| Goodwill | $4.16B | $4.44B | $4.26B | $4.44B | |
| Intangible assets | $1.17B | $1.04B | $813M | $727M | |
| Deferred tax assets | $1.6B | $235M | $1.64B | $5.32B | |
| Other non-current assets | $2.84B | $4.39B | $4.09B | $4.47B | |
| Non-current assets | $18.6B | $17.7B | $18.1B | $22.8B | |
| Total assets | $44.5B | $46.1B | $51.5B | $63B | |
| Liabilities | |||||
| Accounts payable | $4.23B | $4.7B | $4.94B | $0 | |
| Accrued expenses | $1.24B | $1.62B | $1.82B | $0 | |
| Short-term debt | $320M | $365M | $241M | $0 | |
| Taxes payable | $506M | $123M | $455M | $0 | |
| Deferred revenue | $11.8B | $15.1B | $17.6B | $25.8B | |
| Other current liabilities | $8.33B | $7.42B | $7.01B | $15.2B | |
| Current liabilities | $26B | $29.3B | $31.7B | $41B | |
| Long-term debt | $544M | $535M | $572M | $0 | |
| Lease obligations (non-current) | $792M | $809M | $810M | $0 | |
| Deferred revenue (non-current) | $296M | $173M | $157M | $0 | |
| Deferred tax liabilities | $449M | $382M | $827M | $1.16B | |
| Other non-current liabilities | $4.74B | $6.54B | $6.84B | $8.59B | |
| Non-current liabilities | $6.82B | $8.44B | $9.21B | $9.75B | |
| Total liabilities | $32.9B | $37.7B | $40.9B | $50.7B | |
| Equity | |||||
| Common stock & paid-in capital | $12.1B | $8.05B | $3M | $3M | |
| Retained earnings | $0 | $0 | $1.61B | $6.15B | |
| Accumulated other comprehensive income | -$1.46B | -$635M | -$1.76B | -$1.41B | |
| Shareholders' equity | $10.7B | $7.42B | $9.55B | $11.2B | |
| Debt | |||||
| Total debt (incl. leases) | $1.66B | $1.71B | $1.62B | $0 | |
| Net debt (debt - cash) | -$411M | $158M | -$6.58B | -$8.85B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01