Cost of Revenue
Total Cost of Revenue
General Electric Total Cost of Revenue increased by 8.6% to $6.76B in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $6.26B to $6.76B. Over 3 years (FY 2021 to FY 2024), Total Cost of Revenue shows a downward trend with a -23.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2024Feb 3, 2025
How to read this metric
An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.
Detailed definition
Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...
Peer comparison
Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.
Metric ID:
total_cost_of_revenueHistorical Data
15 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.62B | $13.40B | $14.34B | $9.77B | $10.53B | $11.53B | $12.44B | $5.00B | $5.69B | $5.99B | $6.26B | $5.75B | $5.57B | $6.23B | $6.76B |
| QoQ Change | — | -1.6% | +7.0% | -31.8% | +7.7% | +9.6% | +7.9% | -59.8% | +13.9% | +5.3% | +4.4% | -8.1% | -3.0% | +11.7% | +8.6% |
| YoY Change | — | — | — | — | -22.7% | -13.9% | -13.2% | -48.9% | -45.9% | -48.0% | -49.7% | +15.0% | -2.1% | +3.9% | +8.1% |
Range$5.00B – $14.34B
CAGR-18.1%
Avg YoY Growth-19.8%
Median YoY Growth-13.9%
Current Streak2 quarters growth
Product Breakdown
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Commercial Engines & Services | $4.22B | $5.21B | $5.83B | $6.45B | $5.89B |
| Defense & Propulsion Technologies | $2.05B | $1.88B | $2.09B | $2.22B | $2.44B |
| Total | — | — | — | — | — |
Total Cost of Revenue at Other Companies
Frequently Asked Questions
- What is General Electric's total cost of revenue?
- General Electric (GE) reported total cost of revenue of $6.76B in Q4 2024.
- How has General Electric's total cost of revenue changed year-over-year?
- General Electric's total cost of revenue increased by 8.1% year-over-year, from $6.26B to $6.76B.
- What is the long-term trend for General Electric's total cost of revenue?
- Over 3 years (2021 to 2024), General Electric's total cost of revenue has grown at a -23.3% compound annual growth rate (CAGR), from $53.90B to $24.31B.
- What does total cost of revenue mean?
- The direct costs incurred to produce the goods or services that a company sold during a specific period.