General Electric Progress collections (Note 8) increased by 0.8% to $7.72B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $6.84B to $7.72B. Over 3 years (FY 2022 to FY 2025), Progress collections (Note 8) shows a downward trend with a -21.2% CAGR.
other_contract_with_customer_liability_progress_billings| Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.66B | $16.63B | $16.71B | $6.18B | $6.47B | $6.48B | $6.70B | $6.84B | $7.03B | $6.98B | $7.66B | $7.72B |
| QoQ Change | — | +6.2% | +0.5% | -63.0% | +4.7% | +0.2% | +3.4% | +2.2% | +2.7% | -0.6% | +9.7% | +0.8% |
| YoY Change | — | — | — | -60.5% | -61.1% | -61.2% | +8.4% | — | +8.7% | +7.8% | +14.4% | +12.8% |
| Segment | Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 |
|---|---|---|---|---|---|
| Renewable Energy | $5.20B | $5.27B | $4.94B | $6.89B | $7.55B |
| Aerospace | $5.81B | $5.87B | $5.92B | $6.20B | $6.40B |
| Power | $4.51B | $5.36B | $5.75B | $5.90B | $6.09B |
| Total | $15.66B | $16.63B | $16.71B | $6.18B | — |
Aerospace, Power, Renewable Energy were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.