Filing Flows › GE HealthCare Technologies (GEHC) › Q1 2025
GE HealthCare Technologies (GEHC) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
GE HealthCare Technologies (GEHC) reported revenue of $4.8B for the first quarter 2025 (Q1 2025), +3% from a year earlier and -10% from the quarter before. Operating margin was 13.2%, net earnings $564M (11.8% of revenue).
GE HealthCare Technologies, Q1 2025: revenue $4.8B (+3% year over year), operating margin 13.2%, net earnings $564M, operating cash flow $250M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8B | -10% | +3% |
| Gross profit | $2.0B | -12% | +6% |
| Operating profit | $629M | -21% | +16% |
| Net earnings | $564M | -22% | +51% |
| Operating cash flow | $250M | -73% | -40% |
| Free cash flow | $98.0M | -88% | -64% |
What changed
Revenue was $4.8B in Q1 2025, up 3% year over year and down 10% from the previous quarter. Product was the largest line at 65% of revenue. Product added $0.07B year over year (up 2%), 57% of the total change.
Gross margin was 42.1%, up 1.2 points from a year earlier. Operating profit was $0.63B, a 13.2% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 70% reached operating profit, above the 12% margin then. Operating expenses grew 2% against revenue growth of 3%. Net earnings were $0.56B, up 51% year over year. The effective tax rate was 15.0%.
Operating cash flow was $0.25B (down 40% year over year), 43% of net income including minority interests. Non-cash charges added back $0.14B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.50B. Capital expenditures of $0.15B left free cash flow of $0.10B.
Questions
What was GE HealthCare Technologies' revenue in the first quarter 2025?
GE HealthCare Technologies (GEHC) reported revenue of $4.8B for the first quarter 2025 (Q1 2025), +3% from a year earlier and -10% from the quarter before.
Was GE HealthCare Technologies profitable in the first quarter 2025?
Operating profit was $629M (13.2% of revenue) and net earnings $564M.