GE Vernova operates across the full electricity value chain, providing equipment and services for generation, transmission, distribution, storage, and orchestration of power. The company serves industrial, government, and utility customers globally, with established operations in the United States, Europe, Asia, the Middle East, and Africa.
The company's business is organized into three segments. The Power segment designs, manufactures, and services conventional generation technologies including gas, nuclear, hydro, and steam systems. The Wind segment develops onshore and offshore wind turbines and blade technologies. The Electrification segment supplies grid solutions, power conversion equipment, electrification software, and solar and energy storage solutions for electricity transmission and distribution infrastructure.
GE Vernova employs approximately 78,000 people across its global operations. The company was incorporated in Delaware in 2023 and maintains its headquarters in Cambridge, Massachusetts.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $17.69 | $17.92 | +217.0% | |
| 2024 | $5.58 | $5.65 | — |