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GE Grid Solutions financials data including stock price, CreditSafe score, income statement, balance sheet, and acquistions and subsidiaries.
Revenue
€585.7 M
FY, 2021
CreditSafe Score
?
Score changed on Jun 04, 2026
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Learn moreFinancial Statements
| EUR | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
| Revenue | 674.5M | 645.8M | 585.7M |
| Cost of goods sold | 91.3M | 114.1M | 100.9M |
| Gross profit | 583.2M | 531.7M | 484.8M |
| Gross profit margin, % | 86.5% | 82.3% | 82.8% |
| General and administrative expense | 290.1M | 282.9M | 244.1M |
| Operating expense total | 934.9M | 825.3M | 791.2M |
| Depreciation and amortization | 12.7M | 12.0M | 12.7M |
| EBIT | 9.9M | (66.6M) | (79.0M) |
| EBIT margin, % | 1.5% | -10.3% | -13.5% |
| Investment income | 9.7M | 9.7M | |
| Interest income | 1.7M | 1.4M | 1.5M |
| Interest expense | 4.7M | 2.4M | 920.7K |
| Pre tax profit | (2.5M) | (60.2M) | (74.0M) |
| Income tax expense | (1.9M) | (11.5M) | (2.0M) |
| Net Income | (40.1M) | (46.5M) | (90.6M) |
Acquisitions & Subsidiaries
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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