Dated source-based research · No live market data

Research summary

A two-period review of GE revenue, profitability and cash conversion; reported revenue growth was 18.48%.

Period comparison

FY2025 ended 2025-12-31; the prior observation ended 2024-12-31. Revenue moved from USD 38.702 billion to USD 45.855 billion. These are annual periods, not quarterly earnings or trailing-twelve-month estimates.

Earnings bridge

Net income moved from USD 6.556 billion to USD 8.704 billion. Operating income moved from not available to not available. Net margin moved from 16.94% to 18.98%. A margin change identifies an outcome; its causes require management discussion and footnotes.

Cash-flow cross-check

Operating cash flow was USD 4.710 billion in the earlier period and USD 8.537 billion in the later period. Selected free cash flow was not available and not available, respectively. Working-capital timing can cause earnings and cash to diverge.

Interpretation and limits

A rise in reported revenue does not by itself identify organic growth. A difference in EPS can reflect share-count changes as well as operating performance. No causal claim is made from these aggregate figures.

Valuation context

An earnings comparison provides a historical denominator, not a price target. A dated market price is deliberately absent from this static release.

What to monitor

Backlog conversion, utilization, deliveries, working capital and service revenue.

Risks and uncertainties

Order cancellations, supply constraints, execution risk, labor costs and capital-cycle sensitivity.

Sources & dates