Company: GEHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001932393-25-000049
Chunk: 9

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 1
Chunk 9
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Table of Contents             

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Condensed Consolidated Statements of Income (Unaudited)For the three months ended June 30For the six months ended June 30(In millions, except per share amounts)2025202420252024Sales of products$3,263 $3,207 $6,380 $6,253 Sales of services1,743 1,632 3,404 3,237 Total revenues5,007 4,839 9,784 9,489 Cost of products2,160 2,045 4,122 4,012 Cost of services863 792 1,665 1,574 Gross profit1,985 2,002 3,997 3,904 Selling, general, and administrative1,029 1,067 2,069 2,105 Research and development302 327 646 651 Total operating expenses1,331 1,395 2,714 2,756 Operating income654 608 1,283 1,148 Interest and other financial charges – net113 131 224 254 Non-operating benefit (income) costs(73)(101)(148)(204)Other (income) expense – net1 (1)(98)8 Income before income taxes613 578 1,304 1,090 Benefit (provision) for income taxes(113)(143)(216)(267)Net income500 435 1,088 823 Net (income) loss attributable to noncontrolling interests(14)(7)(39)(21)Net income attributable to GE HealthCare$486 $428 $1,049 $802 Earnings per share attributable to GE HealthCare:Basic$1.06 $0.94 $2.30 $1.76 Diluted1.06 0.93 2.29 1.75 Weighted-average number of shares outstanding:Basic457457457456Diluted458459459459

The accompanying notes are an integral part of these condensed consolidated financial statements. 

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Table of Contents             

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)For the three months ended June 30For the six months ended June 30(In millions,