Products & Services · Current contract assets (Note 9)
Services — Current contract assets (Note 9)
GE Vernova Services — Current contract assets (Note 9) decreased by 0.6% to $5.38B 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
A significant increase may indicate delays in billing or complex contract structures, potentially impacting cash flow.
Detailed definition
Represents the entity's right to consideration in exchange for services that have been transferred to a customer but are...
Peer comparison
Standard accounting line item 'Contract Assets' found under IFRS 15 or ASC 606 revenue recognition frameworks.
Metric ID:
gev_segment_services_current_contract_assets_note_9Historical Data
4 periods
| Q4 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $5.32B | $5.54B | $5.42B | $5.38B |
| QoQ Change | — | +4.0% | -2.1% | -0.6% |
| YoY Change | — | — | +1.8% | — |
Range$5.32B – $5.54B
Avg YoY Growth+1.8%
Median YoY Growth+1.8%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is GE Vernova's services — current contract assets (note 9)?
- GE Vernova (GEV) reported services — current contract assets (note 9) of $5.38B in Q1 2026.
- What does services — current contract assets (note 9) mean?
- Revenue earned from services provided but not yet invoiced to the customer.