Direct Answer
GE HealthCare reports revenue across 4 business segments in its fiscal 2025 Form 10-K. Imaging is the largest, with $9.2 billion of revenue (45% of the total), followed by AVS at $5.4 billion (26%). 44% of revenue came from the United States.
How Does GE HealthCare Make Money?
No single line supplies a majority of revenue: the largest, Imaging, is 45%, which spreads GE HealthCare's exposure across several demand drivers. Between fiscal 2024 and 2025, P Dx grew fastest (+15.6%) and PCS slowest (-1.2%), so the revenue mix tilts toward P Dx while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Imaging | $9.2 billion | $8.9 billion | 44.8% | 4.4% |
| AVS | $5.4 billion | $5.1 billion | 26.0% | 4.3% |
| PCS | $3.1 billion | $3.1 billion | 15.0% | -1.2% |
| P Dx | $2.9 billion | $2.5 billion | 14.1% | 15.6% |
What Does GE HealthCare Sell?
GE HealthCare also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.
| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Product | $13.7 billion | $13.1 billion | 66.2% | 4.5% |
| Service | $7.0 billion | $6.6 billion | 33.8% | 5.6% |
Where Does GE HealthCare's Revenue Come From?
Regions follow the definitions in the filing; most companies assign revenue by customer location.
| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Other countries | $9.4 billion | $8.9 billion | 45.7% | 5.7% |
| United States | $9.2 billion | $8.6 billion | 44.5% | 6.4% |
| China | $2.0 billion | $2.1 billion | 9.8% | -4.9% |
What the Segment Figures Do Not Show
The rows above add up to 100% of GE HealthCare's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value GE HealthCare reported in the segment note and revenue disclosures of its Form 10-K filed February 4, 2026 (accession 0001932393-26-000007), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are GE HealthCare's business segments?
In its fiscal 2025 Form 10-K, GE HealthCare reports revenue for Imaging, AVS, PCS and P Dx.
Which part of GE HealthCare brings in the most revenue?
Imaging, with $9.2 billion of revenue in fiscal 2025, or 45% of the total.
How much of GE HealthCare's revenue comes from outside the United States?
56% in fiscal 2025, by the geographic breakdown GE HealthCare reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.