Contract Assets
General Electric Contract Assets decreased by 2.1% to $3.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $2.94B to $3.44B. Over 5 years (FY 2020 to FY 2025), Contract Assets shows a downward trend with a -9.4% CAGR.
Analysis
How to read this metric
A growing balance may indicate strong project progress, but excessive growth relative to revenue could signal potential billing or collection bottlenecks.
Detailed definition
Contract assets represent the company's right to consideration for work completed under a contract that has not yet been...
Peer comparison
Standard for firms using percentage-of-completion accounting; peers in construction often carry significant contract asset balances.
contract_assetsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.43B | $5.24B | $4.88B | $4.25B | $4.24B | $3.70B | $2.47B | $2.24B | $2.04B | $1.88B | $2.88B | $1.55B | $2.72B | $2.88B | $2.98B | $2.94B | $3.06B | $3.11B | $3.51B | $3.44B |
| QoQ Change | — | -3.6% | -6.8% | -13.0% | -0.1% | -12.7% | -33.3% | -9.0% | -9.2% | -8.0% | +53.3% | -46.2% | +75.8% | +6.1% | +3.4% | -1.4% | +4.0% | +1.7% | +12.9% | -2.1% |
| YoY Change | — | — | — | — | -21.9% | -29.3% | -49.5% | -47.2% | -52.0% | -49.3% | +16.5% | -31.1% | +33.5% | +53.8% | +3.7% | +90.0% | +12.5% | +7.9% | +17.7% | +17.0% |
Business Segments
| Segment | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|
| Aerospace | -$3.23B | -$3.59B | $6.68B | -$4.20B | $7.61B | $7.78B | $7.90B | $7.97B |
| Power | $5.47B | $5.37B | $1.76B | $5.03B | $1.85B | $1.85B | $1.81B | $1.79B |
| Renewable Energy | $1.23B | $1.10B | $0.00 | $1.14B | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $4.24B | $3.70B | $2.47B | $2.24B | $2.04B | $1.88B | $2.88B | $1.55B |
Aerospace, Power, Renewable Energy were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Contract Assets at Other Companies
Frequently Asked Questions
- What is General Electric's contract assets?
- General Electric (GE) reported contract assets of $3.44B in Q1 2026.
- How has General Electric's contract assets changed year-over-year?
- General Electric's contract assets increased by 17.0% year-over-year, from $2.94B to $3.44B.
- What is the long-term trend for General Electric's contract assets?
- Over 5 years (2020 to 2025), General Electric's contract assets has grown at a -9.4% compound annual growth rate (CAGR), from $5.76B to $3.51B.
- What does contract assets mean?
- Revenue earned from projects that has not yet been invoiced to the customer.