Other
Increase (decrease) in contract and other deferred assets
GE Vernova Increase (decrease) in contract and other deferred assets decreased by 8.9% to $399.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $370.00M to $399.00M.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2024
Last reportedQ1 2026Apr 22, 2026
How to read this metric
An increase may signal strong project execution but could also indicate potential future billing or collection delays.
Detailed definition
Reflects the change in contract assets arising from revenue recognized in excess of the amount billed to the customer. T...
Peer comparison
Standard for companies using percentage-of-completion accounting, such as engineering, construction, or aerospace firms.
Metric ID:
other_increase_decrease_in_contract_with_customer_asset__5879c7Historical Data
5 periods
| Q1 '24 | Q2 '24 | Q1 '25 | Q2 '25 | Q1 '26 | |
|---|---|---|---|---|---|
| Value | $252.00M | $105.00M | $370.00M | $438.00M | $399.00M |
| QoQ Change | — | -58.3% | +252.4% | +18.4% | -8.9% |
| YoY Change | — | — | +46.8% | +317.1% | +7.8% |
Range$105.00M – $438.00M
CAGR+58.3%
Avg YoY Growth+123.9%
Median YoY Growth+46.8%
Increase (decrease) in contract and other deferred assets at Other Companies
Frequently Asked Questions
- What is GE Vernova's increase (decrease) in contract and other deferred assets?
- GE Vernova (GEV) reported increase (decrease) in contract and other deferred assets of $399.00M in Q1 2026.
- How has GE Vernova's increase (decrease) in contract and other deferred assets changed year-over-year?
- GE Vernova's increase (decrease) in contract and other deferred assets increased by 7.8% year-over-year, from $370.00M to $399.00M.
- What does increase (decrease) in contract and other deferred assets mean?
- The change in value of work performed that has been recognized as revenue but not yet billed.