GE HealthCare makes the imaging equipment hospitals run every day — a steady business that grows a little each year.
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✦ The bottom line
GE HealthCare sold $20.6B of imaging machines and services last year — up 4.8%. Not explosive, but steady, profitable growth.
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✦ Teach me
Money coming in
Revenue here comes two ways: selling big machines (MRI, CT, ultrasound) and the years of service contracts and supplies that follow each one. The second kind repeats — a hospital keeps paying long after the sale.
Wall Street calls this
Revenue
Recurring service revenue is steadier and more valuable than one-off machine sales.
Revenue · fiscal year 2025
$20.6
B
Up from $19.7B a year earlier — +4.8%. Mid-single-digit growth, year after year.
Source · 10-K · Consolidated Statements of Income · FY2025 · Filed Feb 4, 2026
It sells across four lines: Imaging (the big scanners), Ultrasound, Patient Care monitors, and Pharmaceutical Diagnostics — the contrast agents that make scans readable.
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Steady grower
Mid-single-digit growth from essential hospital equipment. Unspectacular and dependable.