Filing Flows › GE HealthCare Technologies (GEHC) › Q2 2025
GE HealthCare Technologies (GEHC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
GE HealthCare Technologies (GEHC) reported revenue of $5.0B for the second quarter 2025 (Q2 2025), +3% from a year earlier and +5% from the quarter before. Operating margin was 13.1%, net earnings $486M (9.7% of revenue).
GE HealthCare Technologies, Q2 2025: revenue $5.0B (+4% year over year), operating margin 13.1%, net earnings $486M, operating cash flow $94.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.0B | +5% | +3% |
| Gross profit | $2.0B | -1% | -0.8% |
| Operating profit | $654M | +4% | +8% |
| Net earnings | $486M | -14% | +14% |
| Operating cash flow | $94.0M | -62% | — |
| Free cash flow | $8.0M | -92% | — |
What changed
Revenue was $5.0B in Q2 2025, up 3% year over year and up 5% from the previous quarter. Product was the largest line at 65% of revenue. Service added $0.11B year over year (up 7%), 66% of the total change.
Gross margin was 39.6%, down 1.7 points from a year earlier. Operating profit was $0.65B, a 13.1% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 27% reached operating profit, above the 13% margin then. Operating expenses fell 5% while revenue rose 3%. Net earnings were $0.49B, up 14% year over year. The effective tax rate was 18.4%.
Operating cash flow was $0.09B, 19% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.59B. Capital expenditures of $0.09B left free cash flow of $0.01B.
Questions
What was GE HealthCare Technologies' revenue in the second quarter 2025?
GE HealthCare Technologies (GEHC) reported revenue of $5.0B for the second quarter 2025 (Q2 2025), +3% from a year earlier and +5% from the quarter before.
Was GE HealthCare Technologies profitable in the second quarter 2025?
Operating profit was $654M (13.1% of revenue) and net earnings $486M.