Company: GEHC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001932393-25-000005
Chunk: 175

Company: GE HealthCare Technologies Inc.
Filing Date: 2025-02-13
Form: 10-K
Item: Item 7
Chunk 175
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ations to their most directly comparable U.S. GAAP financial measures are provided below under “Non-GAAP Financial Measures.”

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*Non-GAAP Financial Measure

40

RESULTS OF OPERATIONS

The following tables set forth our results of operations for each of the periods presented.

Consolidated and Combined Statements of IncomeFor the years ended December 31202420232022Sales of products$13,075$13,127$12,044Sales of services6,5976,4256,297Total revenues19,67219,55218,341Cost of products8,2718,4657,975Cost of services3,1963,1653,187Gross profit8,2057,9227,179Selling, general, and administrative4,2694,2823,631Research and development1,3111,2051,026Total operating expenses5,5805,4874,657Operating income2,6252,4352,522Interest and other financial charges – net50454277Non-operating benefit (income) costs(406)(382)(5)Other (income) expense – net(55)(86)(62)Income from continuing operations before income taxes2,5812,3612,512Benefit (provision) for income taxes(531)(743)(563)Net income from continuing operations2,0501,6181,949Income (loss) from discontinued operations, net of taxes—(4)18Net income2,0501,6141,967Net (income) loss attributable to noncontrolling interests(57)(46)(51)Net income attributable to GE HealthCare$1,993$1,568$1,916

TOTAL REVENUES.

Revenues by SegmentFor the years ended December 312024202320222024 vs. 2023 % change2023 vs. 2022 % change2024 vs. 2023 % organic* change2023 vs. 2022 % organic* changeSegment revenuesImaging    $8,855$8,944$8,395(1)%7%(1)%8%AVS    5,1315,0945,0121%2%1%3%PCS    3,1253,1422,916(1)%8%—%8%PDx    2,5082,3061,9589%18%9%18%Other(1)