GE Vernova

AC Block Plant Controls

📍 Cambridge, USA · Est. 2024Listed · NYSE: GEV

Products Global Presence Financials & Reports Sustainability Certifications & Compliance Reference Projects & Case Studies

Overview

GE Vernova, established in 2024 as a spinoff from General Electric and headquartered in Cambridge, Massachusetts, is an energy technology company focused on the power sector's transition to cleaner generation. Battery storage sits inside its Electrification segment, which grew revenue to just over nine and a half billion dollars in 2025. The company employs around 75,000 people worldwide, roughly 24,000 of them in Europe.

At a Glance

US$38.1B (group)

Revenue

75,000

Employees

Products

GE Vernova offers 3 BESS products across 2 categories: AC Block, Plant Controls.

AC Block

Reservoir BESS

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PowerStore Grid-forming BESS

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Plant Controls

PowerSuite EMS

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Global Presence

GE Vernova is headquartered in Cambridge, USA with manufacturing in USA, Europe.

Financials & Reports

GE Vernova is publicly listed (NYSE: GEV). Key figures from FY2025. Annual report available for download.

Key Figures

US$38.1B (group)

Revenue

75,000

Employees

Source: FY2025 Form 10-K (SEC), year ended 31 December 2025. Group revenue $38,068M. Battery storage sits in the Electrification segment, which had revenue of $9,642M, up from $7,550M in 2024, and segment EBITDA of $1,433M against $679M. Electrification remaining performance obligations were $34,667M. None of these figures are BESS-specific; GE Vernova does not break out storage separately. Headcount is approximately 75,000 globally, with about 24,000 in Europe and 21,000 in the United States.

Annual Report2025 · PDF

Stock Price Performance