Discontinued — last reported Q1 '24
Renewable Energy — Current deferred income
General Electric Renewable Energy — Current deferred income decreased by 7.5% to $221.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 8.3%, from $204.00M to $221.00M. Over 2 years (FY 2021 to FY 2023), Renewable Energy — Current deferred income shows relatively stable performance with a -1.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A high balance indicates strong future revenue visibility and a healthy backlog of paid-for work.
Detailed definition
Captures the portion of revenue that has been billed or collected but not yet earned, expected to be recognized within t...
Peer comparison
Standard 'Deferred Revenue' or 'Unearned Revenue' liability found in most service-oriented businesses.
ge_segment_renewable_energy_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 | $212.00M | $216.00M | $198.00M | $226.00M | $233.00M | $253.00M | $208.00M | $204.00M | $196.00M | $174.00M | $239.00M | $221.00M |
| QoQ Change | — | +1.9% | -8.3% | +14.1% | +3.1% | +8.6% | -17.8% | -1.9% | -3.9% | -11.2% | +37.4% | -7.5% |
| YoY Change | — | — | — | — | +9.9% | +17.1% | +5.1% | -9.7% | -15.9% | -31.2% | +14.9% | +8.3% |
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Frequently Asked Questions
- What is General Electric's renewable energy — current deferred income?
- General Electric (GE) reported renewable energy — current deferred income of $221.00M in Q1 2024.
- How has General Electric's renewable energy — current deferred income changed year-over-year?
- General Electric's renewable energy — current deferred income increased by 8.3% year-over-year, from $204.00M to $221.00M.
- What is the long-term trend for General Electric's renewable energy — current deferred income?
- Over 2 years (2021 to 2023), General Electric's renewable energy — current deferred income has grown at a -1.9% compound annual growth rate (CAGR), from $845.00M to $813.00M.
- What does renewable energy — current deferred income mean?
- Revenue that has been paid for by customers but not yet earned by the company, expected to be recognized within a year.