Other
Increase (decrease) to net contractual service agreements due to billings
GE Vernova Increase (decrease) to net contractual service agreements due to billings increased by 26.4% to -$1.16B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from -$1.25B to -$1.16B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2024
Last reportedQ1 2026Apr 22, 2026
How to read this metric
Frequent large adjustments may indicate challenges in project estimation or operational execution.
Detailed definition
Captures adjustments to contract assets resulting from changes in the estimated progress of long-term projects or servic...
Peer comparison
Common in construction, engineering, and long-term service contract industries.
Metric ID:
other_contract_with_customer_asset_cumulative_catch_up_a_98d75dHistorical Data
9 periods
| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.17B | -$1.13B | -$1.37B | -$1.35B | -$1.25B | -$1.28B | -$1.25B | -$1.58B | -$1.16B |
| QoQ Change | — | +3.9% | -21.8% | +1.8% | +7.3% | -2.8% | +2.8% | -26.7% | +26.4% |
| YoY Change | — | — | — | — | -6.5% | -13.9% | +9.1% | -17.3% | +6.9% |
Range-$1.58B – -$1.13B
CAGR-0.4%
Avg YoY Growth-4.3%
Median YoY Growth-6.5%
Increase (decrease) to net contractual service agreements due to billings at Other Companies
Frequently Asked Questions
- What is GE Vernova's increase (decrease) to net contractual service agreements due to billings?
- GE Vernova (GEV) reported increase (decrease) to net contractual service agreements due to billings of -$1.16B in Q1 2026.
- How has GE Vernova's increase (decrease) to net contractual service agreements due to billings changed year-over-year?
- GE Vernova's increase (decrease) to net contractual service agreements due to billings increased by 6.9% year-over-year, from -$1.25B to -$1.16B.
- What does increase (decrease) to net contractual service agreements due to billings mean?
- Revenue adjustments due to changes in project completion estimates.