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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 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Revenue From Contract With Customer Excluding Assessed Tax 5,935.00 6,939.00 6,688.00 5,287.00
Revenue From Contract With Customer Including Assessed Tax - - - -
Insurance Services Revenue 879.00 842.00 847.00 791.00
Other Revenue 9,239.00 9,565.00 9,164.00 8,408.00
Total Revenue 16,053.00 19,423.00 17,346.00 16,699.00 14,486.00
Cost of Goods and Services Sold 6,024.00 19,610.00 7,065.00 6,940.00 5,605.00
Gross Profit 10,029.00 39,033.00 10,281.00 9,759.00 8,881.00
Selling, Administration, Marketing 2,269.00 2,524.00 2,171.00 2,358.00 2,142.00
Depriciation & Amortization - - - - -
Research and Development Expense 507.00 550.00 471.00 455.00 431.00
Insurance losses - - - - -
Other operatinig exp. /-income 355.00 -38,900.00 227.00 226.00 205.00
Unusual Income/ -Expense - - - - -
Total operating costs including COS 9,155.00 -16,216.00 9,934.00 9,979.00 8,383.00
Operating income/-loss 6,898.00 35,639.00 7,412.00 6,720.00 6,103.00
Other Deductions / - Income
Interest expense 278.00 296.00 286.00 267.00 269.00
Interest income - - - - -
Net interest expense/-income 278.00 296.00 286.00 267.00 269.00
Investment Contracts Insurance Losses And Insurance Annuity Benefits - - - - -
Equity in income of affiliates - - - - -
Sale of Assets - - - - -
Financing Loss/ -Income - - - - -
Other loss/ -income 4,489.00 32,680.00 6,512.00 4,730.00 -658.00
Benefit Cost Income Nonoperating -362.00 -787.00 -396.00 -402.00 -
Investment Contracts Insurance Losses Insurance Annuity Benefits And Other 627.00 1,441.00 710.00 735.00 -
Total costs & expenses 14,187.00 17,414.00 17,046.00 15,309.00 7,994.00
Income /-loss before income taxes 1,866.00 2,009.00 300.00 1,390.00 6,492.00
Income taxes expenses/-benefit 318.00 420.00 138.00 333.00 271.00
Income after income taxes 1,549.00 1,589.00 161.00 1,058.00 6,221.00
Net income/-loss of other equity 1.00 -1.00 - 1.00 -
Income/-loss from cont. Ops. 1,549.00 1,588.00 162.00 1,058.00 6,221.00
Accounting change - - - - -
Discontinued operations 14.00 3.00 173.00 -1,019.00 1,257.00
Extraordinary items - - - - -
Net Income/-loss 1,563.00 1,591.00 335.00 39.00 7,478.00
Noncontrolling interests 27.00 - -14.00 4.00 -27.00
Prefered dividends - -1.00 -91.00 -58.00 -145.00
Other 27.00 -1.00 -14.00 4.00 -27.00
Income/-loss to shareholder 1,537.00 1,591.00 258.00 -23.00 7,360.00
EBIT 2,144.00 2,305.00 586.00 1,657.00 6,761.00
EBITD 2,522.00 2,681.00 964.00 2,009.00 7,128.00
EBITDA 2,667.00 2,839.00 1,113.00 2,168.00 7,268.00


Per Share (GAAP Quarterly, in $) (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Basic EPS (excl. extra items) 1.39 1.53 0.08 0.91 5.60
   Extraordinary items 0.00 0.00 0.00 0.00 0.00
Basic Net EPS 1.41 1.53 0.24 -0.02 6.76
Basic shares outstanding (Mill. of Units) 1,090.07 1,039.80 1,075.00 1,150.00 1,088.76
   EPS other shares - - - - -
Diluted Net EPS 1.39 1.53 0.23 -0.02 6.71
Diluted average shares (Mill. of Units) 1,105.76 1,098.80 1,121.74 1,150.00 1,096.87
Dividend per share 0.078 0.079 0.053 0.077 0.08



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