General Electric Company
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. General Electric Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 17% to $67,954,000,000. The net income raised on $9,481,000,000 and profit margin reached 14%. Total operating expenses were $13,988,000,000.

Profit Margin

General Electric Company (NYSE:GE): Profit margin
2014 147.81B 15.23B 10.31%
2015 115.15B -6.12B -5.32%
2016 119.68B 8.83B 7.38%
2017 120.46B -5.78B -4.8%
2018 121.61B -22.35B -18.38%
2019 95.21B 423M 0.44%
2020 75.83B 5.70B 7.52%
2021 74.19B -3.39B -4.58%
2022 58.09B -796M -1.37%
2023 67.95B 9.48B 13.95%

GE Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
67.95B58.09B74.19B75.83B95.21B121.61B120.46B119.68B115.15B147.81B
Cost of revenue
50.39B44.27B53.89B57.87B70.02B92.67B91.93B87.48B82.69B81.31B
Gross profit
17.56B13.82B20.3B17.96B25.18B28.94B28.53B32.20B32.46B66.5B
Operating exp.
Research and development
1.90B1.78B2.49B2.56B3.11B3.41B04.78B00
Selling and marketing
00-2.28B0000000
Total operating expenses
13.98B13.55B14.20B17.55B17.24B18.11B16.65B14.37B15.60B3.21B
Operating income
3.57B1.85B3.99B409M1.26B12.93B11.87B17.83B16.86B63.28B
Other income (expenses), net
6.61B-2.65B-7.67B5.56B-118M-25.90B-23.03B-3.77B4.20B-5.59B
Income before tax
10.19B-799M-3.68B5.97B1.14B-20.13B-8.79B9.03B8.18B17.22B
Income tax expense
1.16B-3M-286M-487M726M583M-3.04B-464M6.48B1.77B
Net income
9.48B-796M-3.39B5.70B423M-22.35B-5.78B8.83B-6.12B15.23B
Earnings per share
Basic EPS
8.44-0.73-3.094.640.39-20.6-5.767.2-4.9612.08
Diluted EPS
8.36-0.73-3.094.640.39-20.58-5.767.12-4.9612
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