Discontinued — last reported Q1 '24
General Electric Aerospace — Current deferred income decreased by 10.9% to $179.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 17.1%, from $216.00M to $179.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
A growing balance indicates strong future revenue visibility and a robust order book for services.
Revenue that has been invoiced or collected but not yet earned because the performance obligations have not been fully s...
Standard metric for assessing future revenue potential in subscription or long-term service models.
ge_segment_aerospace_current_deferred_income| Q4 '21 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $170.00M | $156.00M | $190.00M | $233.00M | $216.00M | $187.00M | $194.00M | $201.00M | $179.00M |
| QoQ Change | — | -8.2% | +21.8% | +22.6% | -7.3% | -13.4% | +3.7% | +3.6% | -10.9% |
| YoY Change | — | — | — | +37.1% | — | +19.9% | +2.1% | -13.7% | -17.1% |