Discontinued — last reported Q3 '23
Contract Assets
General Electric Contract Assets decreased by 30.1% to $3.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.9%, from $4.84B to $3.44B. Over 5 years (FY 2020 to FY 2025), Contract Assets shows a downward trend with a -3.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong project progress or service delivery ahead of billing cycles; a decrease may indicate slower project completion or faster billing.
Detailed definition
This represents the entity's right to consideration in exchange for goods or services that the entity has transferred to...
Peer comparison
Standard for companies with long-term service or construction-type contracts.
contract_assetsHistorical Data
| 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 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.13B | $6.12B | $263.00M | $10.41B | $10.43B | $9.92B | $9.10B | $7.88B | $7.48B | $7.30B | $6.91B | $5.43B | $4.80B | $4.82B | $4.83B | $4.84B | $4.80B | $4.72B | $4.92B | $3.44B |
| QoQ Change | — | -0.2% | -95.7% | >999% | +0.2% | -4.9% | -8.3% | -13.4% | -5.1% | -2.3% | -5.4% | -21.4% | -11.6% | +0.5% | +0.2% | +0.1% | -0.7% | -1.7% | +4.2% | -30.1% |
| YoY Change | — | — | — | — | +70.1% | +62.2% | >999% | -24.3% | -28.3% | -26.4% | -24.1% | -31.0% | -35.8% | -33.9% | -30.1% | -11.0% | +0.0% | -2.1% | +1.8% | -28.9% |
Business Segments
| Segment | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|
| Aerospace | -$3.23B | -$3.59B | -$3.88B | -$4.20B | -$4.60B | -$4.69B | -$5.03B | -$5.25B |
| Power | $5.47B | $5.37B | $5.04B | $5.03B | $5.21B | $5.12B | $4.89B | $4.89B |
| Renewable Energy | $1.23B | $1.10B | $1.06B | $1.14B | $1.15B | $1.18B | $1.37B | $1.63B |
| Total | $10.43B | $9.92B | $9.10B | $7.88B | $7.48B | $7.30B | $6.91B | $5.43B |
Aerospace, Power, Renewable Energy were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Contract Assets at Other Companies
Frequently Asked Questions
- What is General Electric's contract assets?
- General Electric (GE) reported contract assets of $3.44B in Q1 2026.
- How has General Electric's contract assets changed year-over-year?
- General Electric's contract assets decreased by 28.9% year-over-year, from $4.84B to $3.44B.
- What is the long-term trend for General Electric's contract assets?
- Over 5 years (2020 to 2025), General Electric's contract assets has grown at a -3.5% compound annual growth rate (CAGR), from $5.89B to $4.92B.
- What does contract assets mean?
- Revenue earned for work performed but not yet billed to the customer.