Discontinued — last reported Q2 '23
Business Segments · Gross profit (loss)
Renewable Energy — Gross profit (loss)
General Electric Renewable Energy — Gross profit (loss) increased by 13.3% to -$359.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from -$419.00M to -$359.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ2 2017
Last reportedQ2 2023Jul 25, 2023
Rolls up toGross Profit
How to read this metric
Higher values indicate better cost control and pricing power; negative values suggest operational inefficiencies or pricing challenges.
Detailed definition
Calculated as segment revenue minus the direct costs of goods sold, including manufacturing, labor, and materials. This...
Peer comparison
Standard gross margin analysis; peers in the energy sector often face similar cost pressures in manufacturing.
Metric ID:
ge_segment_renewable_energy_gross_profit_lossHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | -$99.00M | -$151.00M | -$311.00M | -$434.00M | -$419.00M | -$934.00M | -$454.00M | -$414.00M | -$359.00M |
| QoQ Change | — | -52.5% | -106.0% | -39.5% | +3.5% | -122.9% | +51.4% | +8.8% | +13.3% |
| YoY Change | — | — | — | — | -323.2% | -518.5% | -46.0% | +4.6% | +14.3% |
Range-$934.00M – -$99.00M
CAGR+90.4%
Avg YoY Growth-173.8%
Median YoY Growth-46.0%
Current Streak3 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is General Electric's renewable energy — gross profit (loss)?
- General Electric (GE) reported renewable energy — gross profit (loss) of -$359.00M in Q2 2023.
- How has General Electric's renewable energy — gross profit (loss) changed year-over-year?
- General Electric's renewable energy — gross profit (loss) increased by 14.3% year-over-year, from -$419.00M to -$359.00M.
- What does renewable energy — gross profit (loss) mean?
- The profit or loss remaining after subtracting direct production costs from segment revenue.