GE HealthCare Technologies Inc. (GEHC) Financial Statements

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GE HealthCare Technologies financial statements at a glance

GE HealthCare Technologies reported revenue of $20.63 billion for fiscal year 2025 (ended December 31, 2025), up 4.8% from fiscal year 2024. Net income was $2.08 billion, a net margin of 10.1%, and diluted earnings per share were $4.55.

At the end of fiscal year 2025 it had total assets of $36.91 billion, total liabilities of $26.31 billion and shareholders' equity of $10.38 billion, with cash and short-term investments of $4.49 billion and total debt of $10.46 billion.

Its operations brought in $1.99 billion of cash; capital spending was $482.00 million, leaving free cash flow of $1.51 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

GEHC logo

GE HealthCare Technologies Inc.

GEHCUnited States
Healthcare
USD (Local)

Income Statement

Annual • USD

Total Revenue
20.63B
Prev Year: 19.67B
YoY: +4.8%
Operating Revenue
20.63B
Prev Year: 19.67B
YoY: +4.8%
Normalized EBITDA
3.69B
Prev Year: 3.67B
YoY: +0.6%
Tax Rate for Calcs
0.222
Prev Year: 0
Tax Effect of Unusual Items
21.52M
Prev Year: 0
Total Unusual Items
97.00M
Total Unusual Items Excluding Goodwill
97.00M
Interest Income
41.00M
Gain on Sale of Securities
97.00M
Non-operating Interest Income
41.00M
Cost of Revenue
12.38B
Prev Year: 11.47B
YoY: +7.9%
Gross Profit
8.25B
Prev Year: 8.21B
YoY: +0.5%
Operating Expense
5.49B
Prev Year: 5.58B
YoY: -1.7%
Selling General and Administrative
4.22B
Prev Year: 4.27B
YoY: -1.0%
Research and Development
1.26B
Prev Year: 1.31B
YoY: -3.9%
Operating Income
2.76B
Prev Year: 2.63B
YoY: +5.2%
Net Non Operating Interest Income Expense
-399.00M
Prev Year: -505.00M
YoY: +21.0%
Non-operating Interest Expense
440.00M
Prev Year: 505.00M
YoY: -12.9%
Other Income Expense
404.00M
Prev Year: 462.00M
YoY: -12.6%
Equity in Earnings of Affiliates
3.00M
Prev Year: 8.00M
YoY: -62.5%
Other Non-operating Income (expense)
304.00M
Prev Year: 454.00M
YoY: -33.0%
Pre-tax Income
2.77B
Prev Year: 2.58B
YoY: +7.2%
Provision for Income Taxes
614.00M
Prev Year: 531.00M
YoY: +15.6%
Net Income Common Stockholders
2.08B
Prev Year: 1.99B
YoY: +4.6%
Net Income
2.08B
Prev Year: 1.99B
YoY: +4.6%
Net Income Including Non-Controlling Interests
2.15B
Prev Year: 2.05B
YoY: +5.1%
Net Income from Continuing Operations
2.15B
Prev Year: 2.05B
YoY: +5.1%
Noncontrolling Interests
-70.00M
Prev Year: -57.00M
YoY: -22.8%
Diluted NI Available to Com Stockholders
2.08B
Prev Year: 1.99B
YoY: +4.6%
Basic EPS
4.56
Prev Year: 4.37
YoY: +4.3%
Diluted EPS
4.55
Prev Year: 4.34
YoY: +4.8%
Weighted Average Shares (basic)
456.00M
Prev Year: 456.00M
YoY: 0.0%
Weighted Average Shares (diluted)
458.00M
Prev Year: 459.00M
YoY: -0.2%
Total Operating Income as Reported
2.76B
Prev Year: 2.63B
YoY: +5.3%
Total Expenses
17.86B
Prev Year: 17.05B
YoY: +4.8%
Net Income from Continuing and Discontinued Operation
2.08B
Prev Year: 1.99B
YoY: +4.6%
Normalized Income
2.01B
Prev Year: 1.99B
YoY: +0.8%
Interest Expense
440.00M
Prev Year: 505.00M
YoY: -12.9%
Net Interest Income
-399.00M
Prev Year: -505.00M
YoY: +21.0%
EBIT
3.21B
Prev Year: 3.09B
YoY: +4.0%
EBITDA
3.79B
Prev Year: 3.67B
YoY: +3.3%
Reconciled Cost of Revenue
12.38B
Prev Year: 11.47B
YoY: +7.9%
Reconciled Depreciation
578.00M
Prev Year: 580.00M
YoY: -0.3%
Net Income from Continuing Operation Net Minority Interest
2.08B
Prev Year: 1.99B
YoY: +4.6%
Values in USD

GE HealthCare Technologies key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$20.6B$19.7B$19.6B$18.3B$17.6B
Gross profit$8.2B$8.2B$7.9B$7.2B$7.2B
Operating income$2.8B$2.6B$2.4B$2.5B$2.8B
Net income$2.1B$2.0B$1.4B$1.9B$2.2B
Diluted EPS$4.55$4.34$3.03$4.22$4.94
Total assets$36.9B$33.1B$32.5B$27.5B$26.3B
Total liabilities$26.3B$24.4B$25.1B$17.9B$9.4B
Shareholders' equity$10.4B$8.4B$7.1B$9.4B$16.7B
Cash and short-term investments$4.5B$2.9B$2.5B$1.4B$554.0M
Total debt$10.5B$9.4B$9.9B$8.6B$437.0M
Operating cash flow$2.0B$2.0B$2.1B$2.1B$1.6B
Capital spending$482.0M$401.0M$387.0M$310.0M$248.0M
Free cash flow$1.5B$1.6B$1.7B$1.8B$1.4B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2019.

Questions and answers

What was GE HealthCare Technologies's revenue in fiscal year 2025?

$20.63 billion, up 4.8% from $19.67 billion in fiscal year 2024.

How much profit does GE HealthCare Technologies make?

GE HealthCare Technologies reported net income of $2.08 billion for fiscal year 2025 (10.1% of revenue); operating income was $2.76 billion.

How much cash and debt does GE HealthCare Technologies have?

At the end of fiscal year 2025: cash and short-term investments of $4.49 billion and total debt of $10.46 billion.

What is GE HealthCare Technologies's free cash flow?

$1.51 billion in fiscal year 2025 (operating cash flow of $1.99 billion minus capital spending of $482.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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