Cost of Revenue

Total Cost of Revenue

General Electric Total Cost of Revenue increased by 8.6% to $6.76B in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 53.0%, from $14.40B to $6.76B. Over 3 years (FY 2021 to FY 2024), Total Cost of Revenue shows a downward trend with a -23.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase relative to revenue may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.

Detailed definition

The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...

Peer comparison

In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.

Metric ID: total_cost_of_revenue

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$13.62B$13.40B$14.34B$12.45B$13.24B$14.37B$15.47B$10.73B$12.36B$12.91B$14.40B$5.75B$5.57B$6.23B$6.76B
QoQ Change-1.6%+7.0%-13.1%+6.4%+8.5%+7.6%-30.6%+15.2%+4.4%+11.6%-60.1%-3.0%+11.7%+8.6%
YoY Change-2.7%+7.2%+7.9%-13.8%-6.7%-10.2%-6.9%-46.4%-54.9%-51.8%-53.0%
Range$5.57B$15.47B
CAGR-18.1%
Avg YoY Growth-21.0%
Median YoY Growth-10.2%
Current Streak2 quarters growth

Product Breakdown

View all
SegmentQ1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24
Equipment$6.75B$7.15B$8.12B$5.61B$6.94B$7.07B$6.02B
Services$5.70B$6.09B$6.25B$5.12B$5.42B$5.84B$5.60B
Total$12.45B$13.24B$14.37B$10.73B$12.36B$12.91B$5.75B

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial Engines & Services$4.50B$5.21B$5.83B$6.45B$5.89B
Defense & Propulsion Technologies$1.73B$1.88B$2.09B$2.22B$2.44B
Total

Frequently Asked Questions

What is General Electric's total cost of revenue?
General Electric (GE) reported total cost of revenue of $6.76B in Q4 2024.
How has General Electric's total cost of revenue changed year-over-year?
General Electric's total cost of revenue decreased by 53.0% year-over-year, from $14.40B to $6.76B.
What is the long-term trend for General Electric's total cost of revenue?
Over 3 years (2021 to 2024), General Electric's total cost of revenue has grown at a -23.3% compound annual growth rate (CAGR), from $53.90B to $24.31B.
What does total cost of revenue mean?
The direct cost of making the products or providing the services that a company sells.