Other
Contract with customer, favorable (unfavorable) change in estimated profitability
GE Vernova Contract with customer, favorable (unfavorable) change in estimated profitability increased by 22.6% to -$89.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 406.9%, from $29.00M to -$89.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2024
Last reportedQ1 2026Apr 22, 2026
How to read this metric
A favorable change indicates improved project efficiency or cost control, while an unfavorable change suggests cost overruns.
Detailed definition
Represents the financial impact of revisions to estimated profitability on long-term contracts. When project cost estima...
Peer comparison
Standard for firms using the cost-to-cost method for revenue recognition; peers report this as contract estimate adjustments.
Metric ID:
other_contract_with_customer_asset_cumulative_catch_up_a_660c5dHistorical Data
9 periods
| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | -$29.00M | -$60.00M | -$46.00M | -$184.00M | $29.00M | -$71.00M | $0.00 | -$115.00M | -$89.00M |
| QoQ Change | — | -106.9% | +23.3% | -300.0% | +115.8% | -344.8% | +100.0% | — | +22.6% |
| YoY Change | — | — | — | — | +200.0% | -18.3% | +100.0% | +37.5% | -406.9% |
Range-$184.00M – $29.00M
CAGR+75.2%
Avg YoY Growth-17.5%
Median YoY Growth+37.5%
Current Streak3 quarters growth
Contract with customer, favorable (unfavorable) change in estimated profitability at Other Companies
Frequently Asked Questions
- What is GE Vernova's contract with customer, favorable (unfavorable) change in estimated profitability?
- GE Vernova (GEV) reported contract with customer, favorable (unfavorable) change in estimated profitability of -$89.00M in Q1 2026.
- How has GE Vernova's contract with customer, favorable (unfavorable) change in estimated profitability changed year-over-year?
- GE Vernova's contract with customer, favorable (unfavorable) change in estimated profitability decreased by 406.9% year-over-year, from $29.00M to -$89.00M.
- What does contract with customer, favorable (unfavorable) change in estimated profitability mean?
- The change in recognized revenue due to updated project profit expectations.