Business Segments · Current contract assets (Note 9)
Power — Current contract assets (Note 9)
GE Vernova Power — Current contract assets (Note 9) increased by 2.1% to $7.08B 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 cash flow timing delays.
Detailed definition
This represents the value of work performed on long-term power contracts that has been recognized as revenue but not yet...
Peer comparison
Standard for long-cycle industrial projects; peers often refer to this as 'unbilled receivables'.
Metric ID:
gev_segment_power_current_contract_assets_note_9Historical Data
4 periods
| Q4 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $6.94B | $7.25B | $6.94B | $7.08B |
| QoQ Change | — | +4.4% | -4.3% | +2.1% |
| YoY Change | — | — | -0.1% | — |
Range$6.94B – $7.25B
Avg YoY Growth-0.1%
Median YoY Growth-0.1%
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Frequently Asked Questions
- What is GE Vernova's power — current contract assets (note 9)?
- GE Vernova (GEV) reported power — current contract assets (note 9) of $7.08B in Q1 2026.
- What does power — current contract assets (note 9) mean?
- Revenue earned from Power segment projects that has not yet been invoiced to customers.