Business Segments · Current contract assets (Note 9)
Electrification — Current contract assets (Note 9)
GE Vernova Electrification — Current contract assets (Note 9) increased by 17.0% to $1.60B in Q1 2026 compared to the prior quarter.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026Apr 22, 2026
Rolls up toContract Assets
How to read this metric
An increase may signal strong project execution, while a significant buildup could indicate potential billing delays or credit risk.
Detailed definition
Represents the portion of revenue recognized for performance obligations satisfied in the Electrification segment that h...
Peer comparison
Common in long-cycle industrial businesses using percentage-of-completion accounting.
Metric ID:
gev_segment_electrification_current_contract_assets_note_9Historical Data
4 periods
| Q4 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $1.14B | $1.40B | $1.37B | $1.60B |
| QoQ Change | — | +22.6% | -2.0% | +17.0% |
| YoY Change | — | — | +20.1% | — |
Range$1.14B – $1.60B
Avg YoY Growth+20.1%
Median YoY Growth+20.1%
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Frequently Asked Questions
- What is GE Vernova's electrification — current contract assets (note 9)?
- GE Vernova (GEV) reported electrification — current contract assets (note 9) of $1.60B in Q1 2026.
- What does electrification — current contract assets (note 9) mean?
- Revenue earned from work performed but not yet invoiced to customers in the Electrification segment.