Discontinued — last reported Q1 '24

Business Segments · Current deferred income

Aerospace — Current deferred income

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.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2024Apr 23, 2024
Rolls up toDeferred Revenue

How to read this metric

A growing balance indicates strong future revenue visibility and a robust order book for services.

Detailed definition

Revenue that has been invoiced or collected but not yet earned because the performance obligations have not been fully s...

Peer comparison

Standard metric for assessing future revenue potential in subscription or long-term service models.

Metric ID: ge_segment_aerospace_current_deferred_income

Historical Data

9 periods
 Q4 '21Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '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%
Range$156.00M$233.00M
CAGR+2.6%
Avg YoY Growth+5.6%
Median YoY Growth+2.1%

Frequently Asked Questions

What is General Electric's aerospace — current deferred income?
General Electric (GE) reported aerospace — current deferred income of $179.00M in Q1 2024.
How has General Electric's aerospace — current deferred income changed year-over-year?
General Electric's aerospace — current deferred income decreased by 17.1% year-over-year, from $216.00M to $179.00M.
What does aerospace — current deferred income mean?
Revenue received in advance that will be recognized in future accounting periods.