Discontinued — last reported Q1 '24
Power — Current deferred income
General Electric Power — Current deferred income decreased by 45.0% to $11.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.3%, from $12.00M to $11.00M. Over 2 years (FY 2021 to FY 2023), Power — Current deferred income shows a downward trend with a -26.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates a growing pipeline of future revenue to be recognized, while a decrease suggests revenue is being recognized faster than new orders are received.
Detailed definition
This represents the portion of revenue that has been billed or collected but not yet earned, expected to be recognized w...
Peer comparison
Standard deferred revenue or unearned income metric across most industries with service contracts.
ge_segment_power_current_deferred_incomeHistorical 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $24.00M | $22.00M | $33.00M | $12.00M | $18.00M | $21.00M | $13.00M | $12.00M | $14.00M | $6.00M | $20.00M | $11.00M |
| QoQ Change | — | -8.3% | +50.0% | -63.6% | +50.0% | +16.7% | -38.1% | -7.7% | +16.7% | -57.1% | +233.3% | -45.0% |
| YoY Change | — | — | — | — | -25.0% | -4.5% | -60.6% | +0.0% | -22.2% | -71.4% | +53.8% | -8.3% |
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Frequently Asked Questions
- What is General Electric's power — current deferred income?
- General Electric (GE) reported power — current deferred income of $11.00M in Q1 2024.
- How has General Electric's power — current deferred income changed year-over-year?
- General Electric's power — current deferred income decreased by 8.3% year-over-year, from $12.00M to $11.00M.
- What is the long-term trend for General Electric's power — current deferred income?
- Over 2 years (2021 to 2023), General Electric's power — current deferred income has grown at a -26.0% compound annual growth rate (CAGR), from $95.00M to $52.00M.
- What does power — current deferred income mean?
- Revenue that has been billed or collected but not yet earned, expected to be recognized within one year.