← GENERAL ELECTRIC CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $110.4b $113.2b $113.5b $95.2b $79.6b $74.2b $76.6b $68.0b $38.7b $45.9b
Cost of Revenue $62.4b $64.3b $92.7b $70.0b $60.4b $53.9b $55.5b $50.4b $24.3b $29.0b
Cost of sales $87.7b $90.9b $92.7b $70.0b $60.4b $53.9b $55.5b $50.4b $24.3b $29.0b
Gross Profit (Calculated) $61.3b $57.8b $20.9b $25.2b $19.2b $20.3b $21.0b $17.6b $14.4b $16.9b
Research and development — — $3.4b $3.1b $2.6b $2.5b $2.8b $1.9b $1.3b $1.6b
Additional Financial Items
Amortization of Intangible Assets — — $2.7b $1.6b $1.4b $1.1b $1.7b $606.0m $350.0m $357.0m
Benefit (provision) for income taxes (Note 15) $464.0m $3.0b ($583.0m) ($726.0m) $474.0m $286.0m ($476.0m) ($1.2b) ($962.0m) ($1.4b)
Debt Securities, Realized Gain (Loss) — — — — — $69.0m $34.0m $52.0m — —
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — $46.0m ($11.0m) $69.0m $159.0m $194.0m
Equity Securities, FV-NI, Realized Gain (Loss) — — — — ($2.1b) — — — — —
Goodwill impairments (Note 7) $0 $2.5b $22.1b $1.5b $1.7b $0 $0 $0 $251.0m $0
Goodwill, Impairment Loss $0 $2.5b $22.1b $1.5b $1.7b $0 $0 $0 $251.0m $0
Income (Loss) Attributable to Parent, before Tax $9.8b ($5.5b) ($20.6b) — — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $2.1b ($17.2b) ($10.2b) $506.0m ($5.3b) ($3.0b) ($238.0m) $7.0b $4.8b $6.7b
Income (Loss) from Continuing Operations, Per Basic Share $1 ($1) ($2) ($0) $1 ($3) $1 $8 $6 $8
Income (Loss) from Continuing Operations, Per Diluted Share $1 ($1) ($2) ($0) $1 ($3) $1 $8 $6 $8
Income (Loss) from Equity Method Investments $0 $0 $0 $0 $104.0m $215.0m $386.0m $413.0m $456.0m $892.0m
Income (loss) from continuing operations before income taxes $9.0b ($8.8b) ($20.1b) $1.1b $5.2b ($3.7b) $1.4b $10.2b $7.6b $10.0b
Income (loss) from discontinued operations, net of taxes (Note 2) ($954.0m) ($309.0m) ($1.7b) ($5.3b) ($125.0m) ($3.2b) ($644.0m) $414.0m ($91.0m) $103.0m
Insurance Services Revenue — — — $2.8b $2.9b $3.1b $3.0b $3.4b $3.6b $3.5b
Insurance revenue (Note 12) — — — $2.8b $2.9b $3.1b $3.0b $3.4b $3.6b $3.5b
Interest and other financial charges $5.0b $4.9b $5.1b $4.2b $3.3b $1.9b $1.6b $1.1b $986.0m $843.0m
Investment Income, Interest — — — $143.0m $146.0m $167.0m $162.0m $156.0m $132.0m $144.0m
Net income (loss) from continuing operations $9.5b ($5.7b) ($20.7b) $423.0m $5.7b ($3.4b) $936.0m $9.0b $6.7b $8.6b
Net income (loss) from continuing operations attributable to the Company $9.1b ($5.9b) ($21.1b) $416.0m $5.8b ($3.3b) $869.0m $9.1b $6.7b $8.6b
Operating Lease, Lease Income — — — $3.8b $3.3b — — — — —
Other Income $4.0b $1.6b $2.3b $2.2b $11.4b $2.8b $1.2b $7.1b $2.3b $1.5b
Other income (loss) (Note 19) $4.0b $1.6b $2.3b $2.2b $11.4b $2.8b $1.2b $7.1b $2.3b $1.5b
Preferred Stock Dividends and Other Adjustments — — — — — — — $295.0m $0 $0
Preferred Stock Dividends, Income Statement Impact $656.0m $436.0m $447.0m $460.0m $474.0m $237.0m $289.0m — — —
Preferred stock dividends and other — — — — — ($237.0m) ($289.0m) ($295.0m) $0 $0
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $298.0m — — $339.0m ($93.0m) — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $9.0b ($8.8b) ($20.1b) $1.1b $5.2b ($3.7b) $1.4b $10.2b $7.6b $10.0b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $9.1b ($5.9b) ($21.1b) $416.0m $5.8b ($3.3b) $869.0m $9.1b $6.7b $8.6b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $9.5b ($5.7b) ($20.7b) $423.0m $5.7b ($3.4b) $936.0m $9.0b $6.7b $8.6b
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($954.0m) ($315.0m) ($1.7b) ($5.4b) ($125.0m) ($3.2b) ($644.0m) $414.0m — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($954.0m) ($309.0m) ($1.7b) ($5.3b) ($125.0m) ($3.2b) ($644.0m) $414.0m ($91.0m) $103.0m
Investment Income, Net — — — — — $2.3b $456.0m $739.0m $813.0m $946.0m
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic $8.5b ($6.1b) ($22.4b) ($44.0m) $5.4b ($6.6b) $292.0m $9.4b $6.6b $8.7b
Net Income (Loss) Attributable to Parent $8.8b ($5.8b) ($22.4b) ($5.0b) $5.7b ($6.5b) $225.0m $9.5b $6.6b $8.7b
Net Income (Loss) Available to Common Stockholders, Basic $8.2b ($6.2b) ($22.8b) ($5.4b) $5.2b ($6.8b) ($64.0m) $9.2b $6.6b $8.7b
Less net income (loss) attributable to noncontrolling interests ($291.0m) ($270.0m) ($89.0m) $66.0m ($158.0m) ($71.0m) $67.0m ($37.0m) $11.0m ($6.0m)
Less net income (loss) attributable to noncontrolling interests, continuing operations ($290.0m) ($277.0m) ($89.0m) $7.0m ($158.0m) ($71.0m) $67.0m ($38.0m) ($13.0m) ($6.0m)
Net Income (Loss) Attributable to Noncontrolling Interest ($291.0m) ($270.0m) ($89.0m) $66.0m ($158.0m) ($71.0m) $67.0m ($37.0m) $11.0m ($6.0m)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest — ($17.0m) $203.0m $33.0m ($33.0m) — — — — —
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable $49.0m $337.0m ($3.1b) — — — — — — —
Common Stock, Dividends, Per Share, Declared $4.46 $4.03 $1.77 $0.20 $0.20 $0.20 $0.20 $0.26 $1.12 $1.44
Earnings Per Share, Basic $4.31 ($3.45) ($12.56) ($3.09) $2.89 ($3.84) ($0.04) $6.74 $6.04 $8.20
Earnings Per Share, Diluted $4.27 ($3.45) ($12.56) ($3.09) $2.89 ($3.84) ($0.03) $6.67 $5.99 $8.14
Weighted Average Number of Shares Outstanding, Basic 1.9b 1.8b 1.8b 1.8b 1.8b 1.8b 1.8b 1.4b 1.1b 1.1b
Weighted Average Number of Shares Outstanding, Diluted 1.9b 1.8b 1.8b 1.8b 1.8b 1.8b 1.8b 1.4b 1.1b 1.1b
Business Combination, Acquisition Related Costs — $373.0m — — — — — — — —
Costs and Expenses $114.7b $130.9b $144.0b $96.3b $85.8b $80.7b $76.4b $64.9b $33.3b $37.3b
Current Income Tax Expense (Benefit) ($1.3b) $1.8b $3.0b $1.8b $2.5b — — — — —
Environmental Remediation Expense — — — $236.0m $247.0m $193.0m $231.0m $260.0m $175.0m $190.0m
Insurance losses, annuity benefits and other costs (Note 12) — — — — $2.5b $2.4b $2.7b $2.9b $2.4b $2.4b
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims — $2.0b $2.1b $1.9b $1.8b $1.7b $1.5b — — —
Non-operating benefit cost (income) — — — — $2.4b $1.8b ($532.0m) ($1.6b) ($842.0m) ($788.0m)
Nonoperating Income (Expense) $4.0b $1.6b $2.3b $2.2b $11.4b $2.8b $1.2b $7.1b $2.3b $1.5b
Other Cost and Expense, Operating $982.0m $3.6b $464.0m $458.0m $384.0m $136.0m — — — —
Research and Development Expense $5.5b — $4.9b — $2.6b $2.5b $2.8b $1.9b $1.3b $1.6b
Restructuring and Related Cost, Incurred Cost — — — — $0 $0 $973.0m $978.0m $492.0m $202.0m
Selling, General and Administrative Expense $18.4b $18.3b $18.1b $13.9b $12.6b $11.7b $12.8b $9.2b $4.4b $4.1b
Selling, general and administrative expenses $18.4b $18.3b $18.1b $13.9b $12.6b $11.7b $12.8b $9.2b $4.4b $4.1b
Separation costs — — — — $0 $0 $973.0m $978.0m $492.0m $202.0m
Income Tax Expense (Benefit) ($464.0m) ($3.0b) $583.0m $726.0m ($474.0m) ($286.0m) $476.0m $1.2b $962.0m $1.4b
Total costs and expenses $114.7b $130.9b $144.0b $96.3b $85.8b $80.7b $76.4b $64.9b $33.3b $37.3b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.