Products & Services · Current contract assets (Note 9)
Equipment — Current contract assets (Note 9)
GE Vernova Equipment — Current contract assets (Note 9) increased by 9.0% to $4.23B 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 but also potential liquidity risk if the conversion to accounts receivable is delayed.
Detailed definition
Represents the entity's right to consideration in exchange for goods or services that have been transferred to a custome...
Peer comparison
Standard accounting metric found in 'Contract Assets' or 'Unbilled Receivables' for project-based industrial companies.
Metric ID:
gev_segment_equipment_current_contract_assets_note_9Historical Data
4 periods
| Q4 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $3.30B | $3.95B | $3.88B | $4.23B |
| QoQ Change | — | +19.7% | -1.8% | +9.0% |
| YoY Change | — | — | +17.5% | — |
Range$3.30B – $4.23B
Avg YoY Growth+17.5%
Median YoY Growth+17.5%
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Frequently Asked Questions
- What is GE Vernova's equipment — current contract assets (note 9)?
- GE Vernova (GEV) reported equipment — current contract assets (note 9) of $4.23B in Q1 2026.
- What does equipment — current contract assets (note 9) mean?
- The value of work performed for customers that has been recognized as revenue but not yet billed.