General Electric Company
Financial Performance
General Electric Revenue & Financials
Revenue
$45.9B (FY2025)
Market Cap
$331B
Net Income
$8.7B
Employees
57,000
What is General Electric's revenue?
General Electric had $45.9B in revenue for fiscal year 2025, up 18.5% from 2024. Net income was $8.7B.
- Latest revenue
- $45.9B (FY2025)
- Year-over-year
- +18.5%
- Growth rate (CAGR)
- -10.1% over 9 years
- Peak revenue
- $119.5B (FY2016)
- Years of data
- 10
- Employees
- 57,000
- How much profit does General Electric make?
- General Electric reported net income of $8.7B for fiscal year 2025. sec.gov
- How many employees does General Electric have?
- General Electric has about 57,000 employees.
Financial Analysis
The old GE's numbers were dominated by GE Capital and large write-downs: 2018 brought a $22.4 billion net loss tied largely to power-business impairments. Under Larry Culp, GE sold assets, cut debt and separated GE HealthCare (2023) and GE Vernova (2024). Reported revenue fell from $119.5 billion in 2016 to $29.1 billion in 2022 as businesses were reclassified or spun off, then grew as a stand-alone aerospace company: $35.3 billion in 2023, $38.7 billion in 2024 and $45.86 billion in 2025, with 2025 net income of $8.70 billion. Growth continued in 2026, with Q2 adjusted revenue of $12.6 billion (+24%), operating profit of $2.7 billion and first-half free cash flow of $4.7 billion. General Electric (GE) maintains a formidable market valuation over $150 billion as it executes its historic split into three independent public companies focused on aviation, healthcare, and energy.
Revenue Trend Analysis
YoY Change
+18.5%
9-Year CAGR
-10.1%
Peak Year
2016
Trend
Declining Trend
General Electric Company has 10 full fiscal year figures on this page, compounding at -10.1% annually over 9 years. The most recent year saw a 18.5% increase versus the prior year. Annual revenue peaked in fiscal year 2016 at $119.5B. Of 9 comparable year-over-year steps, 3 showed growth and 6 showed a decline.
Annual revenue history
Click any row to see year details.
General Electric Company balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $8.5B | — | $130.2B | $111.3B | $18.7B | — | Form 10-K |
| FY2024ended Dec 31, 2024 | $4.7B | — | $123.1B | $103.6B | $19.3B | — | Form 10-K |
| FY2023ended Dec 31, 2023 | $5.2B | — | $173.3B | $144.7B | $27.4B | — | Form 10-K |
| FY2022ended Dec 31, 2022 | $5.9B | $1.4B | $188.9B | $153.9B | $33.7B | $4.5B | Form 10-K |
| FY2021ended Dec 31, 2021 | $3.5B | $1.3B | $198.9B | $157.3B | $40.3B | $2.2B | Form 10-K |
| FY2020ended Dec 31, 2020 | $3.6B | $1.6B | $256.2B | $219.1B | $35.6B | $2B | Form 10-K |
| FY2019ended Dec 31, 2019 | $8.7B | $2.2B | $265.2B | $235.3B | $28.3B | $6.5B | Form 10-K |
| FY2018ended Dec 31, 2018 | $5B | $6.6B | $311.1B | $259.6B | $31B | -$1.6B | Form 10-K |
| FY2017ended Dec 31, 2017 | $6.6B | $6.6B | $369.2B | $292.4B | $56B | -$88M | Form 10-K |
| FY2016ended Dec 31, 2016 | $1.2B | $7.2B | $359.1B | $284.7B | $70.2B | -$6B | Form 10-K |
Keep researching General Electric
General Electric Revenue and Financial FAQ
What is GE Aerospace's annual revenue and operating profit scale as a standalone company?
General Electric Company reported revenue of $45.9 billion for fiscal year 2025, up from $38.7 billion in fiscal 2024.
What are GE Aerospace's operating profit margins in commercial services versus original equipment?
While original equipment (OE) engine deliveries operate with lower initial margins, recurring Commercial Services (aftermarket spare parts, shop visits, and overhauls) delivers high operating profit margins exceeding 25% to 30%, driving the vast majority of corporate profits.
What is GE Aerospace's free cash flow generation and cash conversion profile?
GE Aerospace is an exceptional cash generator, producing over $5.0 billion to $6.0+ billion in annual free cash flow with a free cash flow conversion rate typically exceeding 100% of adjusted net income, supported by heavy airline passenger flight-hour growth.
How much corporate debt did Larry Culp eliminate to repair GE's balance sheet?
Between 2018 and 2024, CEO Larry Culp and executive leadership eliminated more than $100 billion in gross corporate debt through disciplined asset sales, pension de-risking, and operational cash generation, restoring GE Aerospace to a fortress balance sheet with high investment-grade credit ratings (A/A2).
What is GE Aerospace's dividend distribution and share buyback authorization?
Following the 2024 corporate spin-off, GE Aerospace increased its regular quarterly dividend by 250% (targeting a 30% payout ratio of net income) and authorized a large $15 billion share repurchase program to return excess capital to shareholders.
What is GE Aerospace's research and development (R&D) expenditure budget?
GE Aerospace reinvests approximately $2.0 billion to $2.5+ billion annually in combined company-funded and customer-funded R&D, focusing on next-generation open-fan architectures (CFM RISE), hybrid-electric flight demonstrators with NASA, and ceramic matrix composites (CMCs).
How do global commercial airline passenger traffic (RPKs) and flight hours impact GE's financials?
Because commercial airlines pay GE Aerospace on a per-flight-hour basis under long-term TrueChoice service contracts, rising global passenger air travel directly drives high-margin service billings and engine shop visit volumes.
What are GE Aerospace's long-term financial targets through 2028?
GE Aerospace targets low-double-digit annual revenue growth, approximately $10 billion in operating profit by 2028, and cumulative free cash flow generation exceeding $30 billion, positioning it as one of the most profitable aerospace corporations in the world.
Why did General Electric stock crash?
For decades, GE appeared massively profitable because of GE Capital, essentially a massive, hidden bank operating inside the industrial company. When the 2008 financial crisis hit, GE Capital completely imploded, requiring a massive federal bailout and triggering a catastrophic, multi-decade decline in GE's stock price.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "General Electric Revenue & Financials." CorpDigest, https://corpdigest.com/company/general-electric/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>General Electric reported $45.9B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/general-electric/financials" target="_blank" rel="noopener">CorpDigest — General Electric financials</a></div>Related Financial Audits
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