Is GE HealthCare profitable?
GE HealthCare is profitable. In 2023, its first year as a publicly traded company, GE HealthCare reported net income of $1.6 billion, down slightly from the previous year's $1.9 billion. The company's net revenue grew by 7% during the fiscal year.
GE HealthCare also invested $1 billion in R&D and paid down $1 billion in debt during its first year as a standalone company.
By the end of June 2025, GE HealthCare reported $1.08 billion in net income and a 3% boost in revenue year-over-year. According to GE HealthCare's Q2 financial report, GE HealthCare President and CEO Peter Arduini said, “We were pleased with solid orders and revenue performance in the second quarter across all segments, reflecting healthy customer investment in capital equipment.