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GE Vernova Inc. R&D Expense 2022-2025 | GEV

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What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is GE Vernova Inc.'s current r&d expense?

GE Vernova Inc. (GEV) annual r&d expense for 2025 was $1.20B, a 21.89% increase from 2024. GE Vernova Inc. r&d expense for the quarter ending December 31, 2025 was $366.0M.

What was GE Vernova Inc.'s r&d expense in 2024?

GE Vernova Inc. annual r&d expense for 2024 was $982.0M, a 9.60% increase from 2023.

What was GE Vernova Inc.'s r&d expense in 2023?

GE Vernova Inc. annual r&d expense for 2023 was $896.0M, a 8.48% decline from 2022.

What is GE Vernova Inc.'s 3-year r&d expense CAGR?

GE Vernova Inc. r&d expense grew at a compound annual growth rate (CAGR) of 6.93% from FY2022 to FY2025, going from $979.0M to $1.20B over 3 years.

R&D Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+6.9%
FY2022
$979.0M
FY2025
$1.20B
22232425
3 years selected
R&D Expense History
PeriodValueChangeSource
FY2025$1.20B+21.9%10-K
FY2024$982.0M+9.6%10-K
FY2023$896.0M-8.5%10-K
FY2022$979.0M-10-K
Company: GE Vernova Inc.Ticker: GEVSector: TechnologyIndustry: Electronic & Other Electrical Equipment (No Computer Equip)View company profile →