GE HealthCare (GEHC) Revenue & Revenue Breakdown


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GE HealthCare Revenue Highlights


Latest Revenue (Y)

$19.55B

Latest Revenue (Q)

$4.84B

Main Segment (Y)

Product

Main Geography (Y)

Other Countries

GE HealthCare Revenue by Period


GE HealthCare Revenue by Year

DateRevenueChange
2023-12-31$19.55B6.60%
2022-12-31$18.34B4.30%
2021-12-31$17.59B2.45%
2020-12-31$17.16B3.19%
2019-12-31$16.63B-

GE HealthCare generated $19.55B in revenue during NA 2023, up 6.60% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

GE HealthCare Revenue by Quarter

DateRevenueChange
2024-06-30$4.84B4.06%
2024-03-31$4.65B-10.68%
2023-12-31$5.21B7.96%
2023-09-30$4.82B0.10%
2023-06-30$4.82B2.34%
2023-03-31$4.71B-4.68%
2022-12-31$4.94B7.91%
2022-09-30$4.58B2.05%
2022-06-30$4.48B3.25%
2022-03-31$4.34B-5.36%
2021-12-31$4.59B-

GE HealthCare generated $4.84B in revenue during Q2 2024, up 4.06% compared to the previous quarter, and up 102.80% compared to the same period a year ago.

GE HealthCare Revenue Breakdown


GE HealthCare Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23
Product$13.13B
Service$9.72B

GE HealthCare's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (57.44%), and Service (42.56%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23
Ultrasound Segment$823.00M$824.00M----
Imaging Segment$2.60B$2.47B----
PCS Segment$772.00M$747.00M----
PDx Segment$639.00M$599.00M----
Product-$4.74B-$4.87B$4.99B$4.97B
Service-$9.57B-$9.30B$9.32B$9.52B

GE HealthCare's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Imaging Segment (53.75%), Ultrasound Segment (17.04%), PCS Segment (15.98%), and PDx Segment (13.23%).

GE HealthCare Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
Other Countries$8.76B
CHINA$2.56B
UNITED STATES$8.23B

GE HealthCare's latest annual revenue breakdown by geography, as of Dec 23: Other Countries (44.82%), UNITED STATES (42.08%), and CHINA (13.09%).

GE HealthCare Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
GEHCGE HealthCare$19.55B$4.84B
TDOCTeladoc Health$2.60B$642.44M
VEEVVeeva Systems$2.36B$676.18M
PGNYProgyny$1.09B$304.09M
GDRXGoodRx$750.26M$200.61M
TXG10x Genomics$618.73M$153.10M
DOCSDoximity$475.42M$126.68M
SDGRSchrödinger$216.67M$47.33M
AMWLAmerican Well--

GEHC Revenue FAQ


GE HealthCare's yearly revenue for 2023 was $19.55B, representing an increase of 6.60% compared to 2022. The company's yearly revenue for 2022 was $18.34B, representing an increase of 4.30% compared to 2021. GEHC's yearly revenue for 2021 was $17.58B, representing an increase of 2.45% compared to 2020.

GE HealthCare's quarterly revenue for Q2 2024 was $4.84B, a 4.06% increase from the previous quarter (Q1 2024), and a 0.46% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.65B, a -10.68% decrease from the previous quarter (Q4 2023), and a -1.21% decrease year-over-year (Q1 2023). GEHC's quarterly revenue for Q4 2023 was $5.21B, a 7.96% increase from the previous quarter (Q3 2023), and a 5.43% increase year-over-year (Q4 2022).

GE HealthCare's revenue growth rate for the last 3 years (2021-2023) was 11.19%, and for the last 5 years (2019-2023) was 17.55%.

GE HealthCare's revenue streams in c 23 are Product, and Service. Product generated $13.13B in revenue, accounting 57.44% of the company's total revenue Service generated $9.72B in revenue, accounting 42.56% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of GE HealthCare was Product. This segment made a revenue of $13.13B, representing 57.44% of the company's total revenue.