Products & Services · Cost of equipment and services
Equipment — Cost of equipment and services
GE Vernova Equipment — Cost of equipment and services decreased by 12.9% to $4.71B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.4%, from $3.92B to $4.71B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026Apr 22, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
An increase relative to revenue suggests margin compression, while a decrease relative to revenue indicates improved operational efficiency.
Detailed definition
Includes all direct costs associated with the production, manufacturing, and delivery of equipment and the provision of...
Peer comparison
Comparable to 'Cost of Goods Sold' (COGS) or 'Cost of Revenue' in standard financial reporting.
Metric ID:
gev_segment_equipment_cost_of_equipment_and_servicesHistorical Data
11 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.68B | $4.68B | $4.68B | $4.68B | $5.08B | $5.37B | $3.92B | $4.27B | $5.17B | $5.41B | $4.71B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +8.5% | +5.8% | -27.1% | +9.0% | +21.1% | +4.8% | -12.9% |
| YoY Change | — | — | — | — | +8.5% | +14.8% | — | — | +1.8% | +0.8% | +20.4% |
Range$3.92B – $5.41B
CAGR+0.3%
Avg YoY Growth+9.3%
Median YoY Growth+8.5%
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Frequently Asked Questions
- What is GE Vernova's equipment — cost of equipment and services?
- GE Vernova (GEV) reported equipment — cost of equipment and services of $4.71B in Q1 2026.
- How has GE Vernova's equipment — cost of equipment and services changed year-over-year?
- GE Vernova's equipment — cost of equipment and services increased by 20.4% year-over-year, from $3.92B to $4.71B.
- What does equipment — cost of equipment and services mean?
- The total direct expenses incurred to produce and deliver the equipment and services sold by the segment.