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General Electric Company  (GE)
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General Electric Income Statement Quarterly

GE


Select the Financial Report:   Period:   Fiscal Year:

INCOME STATEMENT
(Quarterly GAAP In millions $)

(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
Revenue From Contract With Customer Excluding Assessed Tax 6,864.00 11,530.00 11,105.00 10,349.00
Revenue From Contract With Customer Including Assessed Tax - - - -
Insurance Services Revenue 767.00 - - -
Other Revenue 9,409.00 6,899.00 7,174.00 6,769.00
Total Revenue 17,040.00 20,370.00 18,429.00 18,279.00 17,118.00
Cost of Goods and Services Sold 6,749.00 39,557.00 13,401.00 13,618.00 12,538.00
Gross Profit 10,291.00 59,927.00 5,028.00 4,661.00 4,580.00
Selling, Administration, Marketing 3,651.00 3,203.00 2,747.00 2,866.00 2,891.00
Depriciation & Amortization - - - - -
Research and Development Expense 641.00 705.00 627.00 604.00 561.00
Insurance losses 119.00 - - - -
Other operatinig exp. /-income - -79,114.00 - - -
Unusual Income/ -Expense - - - - -
Total operating costs including COS 11,160.00 -35,649.00 16,775.00 17,088.00 15,990.00
Operating income/-loss 5,880.00 56,019.00 1,654.00 1,191.00 1,128.00
Other Deductions / - Income
Interest expense 406.00 426.00 462.00 488.00 500.00
Interest income - - - - -
Net interest expense/-income 406.00 426.00 462.00 488.00 500.00
Extinguishment of Debt - 5,108.00 - 1,416.00 -
Investment Contracts Insurance Losses And Insurance Annuity Benefits 504.00 - 643.00 483.00 555.00
Equity in income of affiliates - - - - -
Sale of Assets - - - - -
Financing Loss/ -Income - - - - -
Other loss/ -income 5,632.00 53,545.00 -462.00 -676.00 -595.00
Benefit Costs Nonoperating - - 427.00 517.00 430.00
Benefit Cost Income Nonoperating -137.00 - - - -
Total costs & expenses 17,565.00 23,838.00 17,845.00 19,316.00 16,880.00
Income /-loss before income taxes -525.00 -3,468.00 584.00 -1,037.00 238.00
Income taxes expenses/-benefit 204.00 36.00 2.00 -466.00 142.00
Income after income taxes -729.00 -3,504.00 582.00 -571.00 97.00
Net income/-loss of other equity 1.00 1.00 - - -
Income/-loss from cont. Ops. -728.00 -3,503.00 582.00 -571.00 96.00
Accounting change - - - - -
Discontinued operations -286.00 -339.00 602.00 -564.00 -2,894.00
Extraordinary items - - - - -
Net Income/-loss -1,014.00 -3,842.00 1,184.00 -1,135.00 -2,798.00
Noncontrolling interests 28.00 - -73.00 -3.00 5.00
Prefered dividends -52.00 -56.00 -52.00 -57.00 -72.00
Other 28.00 - -73.00 -3.00 5.00
Income/-loss to shareholder -1,094.00 -3,900.00 1,205.00 -1,188.00 -2,874.00
EBIT -119.00 -3,042.00 1,046.00 -549.00 738.00
EBITD 341.00 -2,561.00 1,501.00 -66.00 1,190.00
EBITDA 1,366.00 -2,283.00 1,772.00 222.00 1,491.00


Per Share (GAAP Quarterly, in $) (Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
Basic EPS (excl. extra items) -0.74 -0.59 0.54 -0.56 -2.64
   Extraordinary items 0.00 2.85 0.00 0.00 0.00
Basic Net EPS -0.99 -3.44 1.09 -1.12 -2.64
Basic shares outstanding (Mill. of Units) 1,105.05 1,132.81 1,105.50 1,060.71 1,088.64
   EPS other shares - - - - -
Diluted Net EPS -0.99 -3.44 1.08 -1.12 -2.64
Diluted average shares (Mill. of Units) 1,105.05 1,132.81 1,115.74 1,060.71 1,088.64
Dividend per share 0.127 0.127 0.125 - -

       
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