GEV — what changed in the latest 10-Q
A section-by-section comparison of GEV's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-04-22 vs the prior 10-Q · 2025-10-22
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +197 | −252 | ~59 | 88 |
| Market risk (Item 3) | Text added/removed | +2 | −3 | 0 | 3 |
| Controls & procedures | Text added/removed | +9 | −2 | ~7 | 4 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 2 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-04-22
Prolec GE. On February 2, 2026, we completed the acquisition of the remaining 50% stake of Prolec GE, our former unconsolidated joint
venture with Xignux, in exchange for cash consideration of approximately $5.3 billion. Prolec GE is an electric industry leader in North
America, with approximately 10,000 employees across seven manufacturing sites in the Americas, including five in the U.S. It produces a
wide variety of transformers and transformer components for the generation, transmission, and distribution of electricity, complemented by
its broad transformer services offering. Net assets and results of operations of Prolec GE are included in our results commencing on
Text removed vs the prior filing · source: 10-Q · 2025-10-22
Financial Presentation Under GE Ownership. We completed our separation from General Electric Company (GE), which now operates
as GE Aerospace, on April 2, 2024 (the Spin-Off). For further information, see Note 1 in the Notes to our audited consolidated and
combined financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024.
Prolec GE. On October 21, 2025, we announced that GE Vernova will acquire the remaining fifty percent stake of Prolec GE, our
unconsolidated joint venture with Xignux. Prolec GE is a leading grid equipment supplier, producing transformers across most ratings and
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-04-22
$0.1 billion for the three months ended March 31, 2026 and 2025, respectively. See Item 7A. "Quantitative and Qualitative Disclosures
About Market Risk" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 for more information about foreign
Text removed vs the prior filing · source: 10-Q · 2025-10-22
$0.1 billion for the three months ended and less than $0.1 billion and $(0.1) billion for the nine months ended September 30, 2025 and
2024, respectively. For more information about foreign exchange risk, interest rate risk, and commodity risk see Item 7A. "Quantitative and
Qualitative Disclosures About Market Risk" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-04-22
On February 2, 2026, the Company completed the acquisition of the remaining 50% stake of Prolec GE. See Note 8 in the Notes to the
consolidated financial statements for further information. The Company is in the process of analyzing and evaluating the internal control
environment as it relates to the integration of Prolec GE, which may result in additions or changes to our internal control over financial
reporting. The Company will exclude Prolec GE’s operations from the scope of our annual assessment of the effectiveness of internal
control over financial reporting for the year ending December 31, 2026 in accordance with Securities and Exchange Commission guidance.
Text removed vs the prior filing · source: 10-Q · 2025-10-22
preceding sentences, no change in the Company’s internal control over financial reporting occurred during the quarter ended September
30, 2025, that materially affected, or is reasonably likely to materially affect, the Company's internal control over financial reporting.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice