Other
Contract asset, revenues recognized
GE Vernova Contract asset, revenues recognized decreased by 19.4% to $1.28B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $1.26B to $1.28B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2024
Last reportedQ1 2026Apr 22, 2026
How to read this metric
Consistent growth in this metric indicates a strong, stable, and recurring service business model.
Detailed definition
The total revenue recognized during the period specifically derived from contractual service agreements. This metric iso...
Peer comparison
Commonly tracked by industrial OEMs with large installed bases of equipment requiring ongoing service.
Metric ID:
other_contract_with_customer_asset_revenues_recognizedHistorical Data
9 periods
| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $1.17B | $1.36B | $1.17B | $1.76B | $1.26B | $1.46B | $1.10B | $1.59B | $1.28B |
| QoQ Change | — | +16.1% | -13.9% | +50.3% | -28.5% | +15.7% | -24.3% | +43.8% | -19.4% |
| YoY Change | — | — | — | — | +7.4% | +7.0% | -5.9% | -9.9% | +1.5% |
Range$1.10B – $1.76B
CAGR+4.4%
Avg YoY Growth+0.0%
Median YoY Growth+1.5%
Contract asset, revenues recognized at Other Companies
Frequently Asked Questions
- What is GE Vernova's contract asset, revenues recognized?
- GE Vernova (GEV) reported contract asset, revenues recognized of $1.28B in Q1 2026.
- How has GE Vernova's contract asset, revenues recognized changed year-over-year?
- GE Vernova's contract asset, revenues recognized increased by 1.5% year-over-year, from $1.26B to $1.28B.
- What does contract asset, revenues recognized mean?
- Revenue earned from long-term service contracts during the period.