GEV Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), GEV reported revenue of $11.1B, gross profit of $2.6B (23.4% gross margin), operating income of $1.4B, and net income of $649M (5.8% net margin). The flow of revenue into costs and profit is visualized below.

What changed

GEV was profitable; revenue grew 11.4% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+11.4%+43.3%+1.3 pp

Consensus estimate data is not available for this report.

GEV Q2 2026 Income Statement

GEV Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$11.1B100%
Cost of Revenue−$8.5B76.6%
Gross Profit$2.6B23.4%
Research & Development−$300M2.7%
Selling, General & Administrative−$950M8.6%
Operating Income$1.4B12.2%
Other Income, net−$425M3.8%
Income Tax Expense−$279M2.5%
Net Income$649M5.8%

Source: GEV filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.