Business Segments · Contract and other deferred assets (Note 9)
Electrification — Contract and other deferred assets (Note 9)
GE Vernova Electrification — Contract and other deferred assets (Note 9) decreased by 22.2% to $7.00M in Q1 2026 compared to the prior quarter.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026Apr 22, 2026
Rolls up toContract Assets
How to read this metric
An increase reflects growing long-term project backlogs, while a decrease may indicate project completion or asset amortization.
Detailed definition
Includes costs incurred to fulfill contracts that are expected to be recovered through future performance, as well as ot...
Peer comparison
Standard for industrial companies with significant long-term service and construction contracts.
Metric ID:
gev_segment_electrification_contract_and_other_deferred_assets_note_9Historical Data
4 periods
| Q4 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $11.00M | $11.00M | $9.00M | $7.00M |
| QoQ Change | — | +0.0% | -18.2% | -22.2% |
| YoY Change | — | — | -18.2% | — |
Range$7.00M – $11.00M
Avg YoY Growth-18.2%
Median YoY Growth-18.2%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is GE Vernova's electrification — contract and other deferred assets (note 9)?
- GE Vernova (GEV) reported electrification — contract and other deferred assets (note 9) of $7.00M in Q1 2026.
- What does electrification — contract and other deferred assets (note 9) mean?
- Costs deferred on the balance sheet that are tied to future contract performance in the Electrification segment.