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GE HealthCare Technologies (GEHC) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 4, 2026

GE HealthCare Technologies (GEHC) reported revenue of $5.7B for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and +11% from the quarter before. Operating margin was 14.5%, net earnings $589M (10.3% of revenue).

Revenue$5.7B
Year over year+7%
Quarter over quarter+11%
Operating margin14.5%
Net earnings$589M

GE HealthCare Technologies, Q4 2025: revenue $5.7B (+7% year over year), operating margin 14.5%, net earnings $589M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$5.7B+11%+7%
Gross profit$2.3B+14%-0.6%
Operating profit$827M+27%+3%
Net earnings$589M+32%-18%
Operating cash flow$1.1B+77%+15%
Free cash flow$916M+90%+13%

What changed

Revenue was $5.7B in Q4 2025, up 7% year over year and up 11% from the previous quarter. Product was the largest line at 69% of revenue.

Gross margin was 39.7%, down 3.1 points from a year earlier. Operating profit was $0.83B, a 14.5% margin (down 0.5 points year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, below the 15% margin then. Operating expenses fell 3% while revenue rose 7%. Net earnings were $0.59B, down 18% year over year. The effective tax rate was 26.7%.

Operating cash flow was $1.1B (up 15% year over year), 174% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.27B. Capital expenditures of $0.13B left free cash flow of $0.92B.

Questions

What was GE HealthCare Technologies' revenue in the fourth quarter 2025?

GE HealthCare Technologies (GEHC) reported revenue of $5.7B for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and +11% from the quarter before.

Was GE HealthCare Technologies profitable in the fourth quarter 2025?

Operating profit was $827M (14.5% of revenue) and net earnings $589M.

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Source: GE HealthCare Technologies 10-K on SEC EDGAR.