GE HealthCare Technologies Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 30, 2024
GEHC$83.65-0.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income
| Condensed Consolidated Statements of Income (Unaudited) | ||||
|---|---|---|---|---|
| For the three months ended September 30 | For the nine months ended September 30 | |||
| (In millions, except per share amounts) | 2024 | 2023 | 2024 | 2023 |
| Sales of products | $3,201 | $3,186 | $9,454 | $9,530 |
| Sales of services | 1,662 | 1,636 | 4,899 | 4,816 |
| Total revenues | 4,863 | 4,822 | 14,353 | 14,346 |
| Cost of products | 2,033 | 2,076 | 6,045 | 6,197 |
| Cost of services | 805 | 811 | 2,378 | 2,383 |
| Gross profit | 2,026 | 1,935 | 5,930 | 5,766 |
| Selling, general, and administrative | 1,034 | 996 | 3,139 | 3,130 |
| Research and development | 316 | 322 | 967 | 890 |
| Total operating expenses | 1,350 | 1,318 | 4,106 | 4,020 |
| Operating income | 676 | 617 | 1,824 | 1,746 |
| Interest and other financial charges – net | 130 | 138 | 383 | 411 |
| Non-operating benefit (income) costs | (102) | (94) | (306) | (332) |
| Other (income) expense – net | (9) | (63) | (1) | (85) |
| Income from continuing operations before income taxes | 658 | 636 | 1,747 | 1,752 |
| Benefit (provision) for income taxes | (168) | (250) | (435) | (550) |
| Net income from continuing operations | 490 | 386 | 1,312 | 1,202 |
| Income (loss) from discontinued operations, net of taxes | — | (4) | — | (4) |
| Net income | 490 | 382 | 1,312 | 1,198 |
| Net (income) loss attributable to noncontrolling interests | (19) | (7) | (40) | (33) |
| Net income attributable to GE HealthCare | 470 | 375 | 1,272 | 1,165 |
| Deemed preferred stock dividend of redeemable noncontrolling interest | — | — | — | (183) |
| Net income attributable to GE HealthCare common stockholders | $470 | $375 | $1,272 | $982 |
| Earnings per share from continuing operations attributable to GE HealthCare common stockholders: | ||||
| Basic | $1.03 | $0.83 | $2.79 | $2.17 |
| Diluted | 1.02 | 0.83 | 2.77 | 2.16 |
| Earnings per share attributable to GE HealthCare common stockholders: | ||||
| Basic | $1.03 | $0.82 | $2.79 | $2.16 |
| Diluted | 1.02 | 0.82 | 2.77 | 2.15 |
| Weighted-average number of shares outstanding: | ||||
| Basic | 457 | 455 | 456 | 455 |
| Diluted | 459 | 458 | 459 | 458 |
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