Company: GE
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0000040545-25-000111
Chunk: 126

Company: GENERAL ELECTRIC CO
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 1
Chunk 126
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STATEMENT OF OPERATIONS (UNAUDITED)Three Months Ended June 30Six months ended June 30(In millions; per-share amounts in dollars)2025202420252024Sales of equipment$2,842 $2,175 $5,496 $4,596 Sales of services7,308 6,047 13,656 11,702 Insurance revenue (Note 12)872 871 1,806 1,750 Total revenue11,023 9,094 20,957 18,048 Cost of equipment sold2,754 2,302 5,090 4,767 Cost of services sold4,092 3,273 7,753 6,554 Selling, general and administrative expenses1,020 924 1,896 1,950 Separation costs47 75 98 334 Research and development359 300 718 570 Interest and other financial charges158 248 368 511 Insurance losses, annuity benefits and other costs (Note 12)698 667 1,400 1,293 Non-operating benefit cost (income)(197)(204)(398)(421)Total costs and expenses8,932 7,584 16,924 15,558 Other income (loss) (Note 18)298 (63)600 944 Net income (loss) from continuing operations before income taxes2,389 1,447 4,634 3,434 Benefit (provision) for income taxes (Note 15)(388)(125)(671)(369)Net income (loss) from continuing operations2,000 1,322 3,962 3,065 Net income (loss) from discontinued operations, net of taxes (Note 2)21 (54)31 (232)Net income (loss)2,021 1,268 3,993 2,833 Less net income (loss) attributable to noncontrolling interests(7)2 (13)28 Net income (loss) attributable to the Company2,028 1,266 4,006 2,805 Net income (loss) attributable to common shareholders$2,028 $1,266 $4,006 $2,805 Earnings (loss) per share from continuing operations (Note 17)Diluted earnings (loss)