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Companies $GEHC
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GE HealthCare Technologies Inc.

gehealthcare.com

What Do They Do?

Sells medical imaging and patient-monitoring equipment, pharmaceutical diagnostic agents, and software to hospitals, health systems, and researchers.

How Do They Make Money?

Customers generally pay for products around delivery and acceptance; the company also earns from services, including maintenance, repairs, warranties, training, parts and upgrades. Service-type warranties and extended warranties are paid for over time, while payment terms are generally within 12 months.

revenue
SegmentShareRevenue
Product
Sold outright

66%
FY2022: 66%
Service
Recurring

34%
FY2022: 34%

Who Are Their Customers?

Hospitals, health systems and researchers—including public, private, academic and government institutions—buy through direct sales teams and third-party partners such as distributors and sales agents.

Do Revenues Turn Into Profits?

Yes. It kept 10 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025
13% of revenue
▲ +5% vs FY2024 ($2.6B, 13%)
Net income, FY2025
10% of revenue
▲ +5% vs FY2024 ($2B, 10%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +6%
vs $5B in Q2 FY2025
Net income
▲ +15%
vs $486M in Q2 FY2025
Product share of revenue vs 65.2% in Q2 FY2025
  • Aug 18, 2026 GE HealthCare named a new chief financial officer William Grogan will become CFO on September 14, 2026, succeeding Jay Saccaro.
  • Jul 29, 2026 GE HealthCare combined Imaging and AVS into one segment The new Advanced Imaging Solutions segment brings those businesses together, leaving the company with three reportable segments.
  • Jul 23, 2026 The CFO is leaving and an interim successor was appointed Jay Saccaro will leave on August 14, 2026; George Newcomb was named interim CFO while the company searches for a permanent successor.

Growing. Revenue grew 17% in 4 years, from $17.6B in FY2021 to $20.6B in FY2025, about 4% a year.

Ultrasound organization The older report described Ultrasound as a standalone business segment. The latest report places Specialized Ultrasound and Procedural Guidance within Advanced Visualization Solutions, alongside Imaging as separate reportable segments.

Revenue over time
Product Service
$25B$12.5B$0

Who Do They Compete With?

Competes with Siemens Healthineers, Philips Healthcare, United Imaging, Mindray, Canon, Bayer, Bracco, Guerbet, and Curium

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