Company: GE
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000040545-25-000132
Chunk: 132

Company: GENERAL ELECTRIC CO
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 1
Chunk 132
---
STATEMENT OF OPERATIONS (UNAUDITED)Three months ended September 30Nine months ended September 30(In millions; per-share amounts in dollars)2025202420252024Sales of equipment$3,163 $2,448 $8,659 $7,044 Sales of services8,143 6,495 21,798 18,198 Insurance revenue (Note 12)875 899 2,681 2,649 Total revenue12,181 9,842 33,138 27,890 Cost of equipment sold3,361 2,625 8,451 7,391 Cost of services sold4,401 3,601 12,154 10,155 Selling, general and administrative expenses1,195 1,330 3,091 3,280 Separation costs53 74 150 408 Research and development415 331 1,132 901 Interest and other financial charges225 251 593 762 Insurance losses, annuity benefits and other costs (Note 12)500 714 1,899 2,008 Goodwill impairments (Note 7)— 251 — 251 Non-operating benefit cost (income)(198)(207)(596)(628)Total costs and expenses9,951 8,970 26,874 24,529 Other income (loss) (Note 18)285 1,021 885 1,965 Net income (loss) from continuing operations before income taxes2,515 1,893 7,149 5,327 Benefit (provision) for income taxes (Note 15)(344)(198)(1,015)(567)Net income (loss) from continuing operations2,171 1,695 6,133 4,760 Net income (loss) from discontinued operations, net of taxes (Note 2)(17)147 14 (85)Net income (loss)2,154 1,842 6,147 4,676 Less net income (loss) attributable to noncontrolling interests(3)(10)(16)18 Net income (loss) attributable to the Company2,157 1,852 6,163 4,657 Net income (loss) attributable to common shareholders$2,157 $1,852 $6,163 $4,657