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GE Vernova GEV Services — Service agreement liabilities

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Other financials

Income statement

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Revenue$11.1B+21.9%
Gross profit$2.4B+27.9%
Operating income$653.0M+72.8%
Net income$668.0M+30.0%
EPS (diluted)$2.47+32.8%

Balance sheet

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Cash & equivalents$13.1B+66.2%
Total debt$4.0B+274%
Total equity$12.0B+34.7%
Total assets$80.8B+52.2%

Cash flow

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Operating cash flow$5.5B+1,396%
CapEx$386.0M+123%
Free cash flow$5.1B+2,532%

Valuation

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Market cap$266.41B+47.3%
Enterprise value$257.25B+47.8%
P/E28×-129×
P/S6.4×+1.5×

Profitability

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Gross margin20.2%+2.3pp
Operating margin4.3%+2.6pp
Net margin23%+19.9pp
FCF margin30.1%+22.7pp

Returns & leverage

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Return on equity91.5%+78.6pp
Debt / equity0.3×+0.2×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by GE Vernova in its filing.

Tagged under the XBRL concept gev:ContractWithCustomerLiabilityServiceAgreementsCurrent.

The source filing: GE Vernova’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 6:27 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001996810-26-000148
CONTRACT LIABILITIES AND DEFERRED INCOME / June 30, 2026PowerElectrificationWindTotal
Contractual service agreement liabilities$1,880$—$—$1,880
Equipment and other service agreement liabilities25,7999,1133,15038,064
Contract liabilities and current deferred income$27,679$9,113$3,150$39,944
Non-current deferred income5117793
Total contract liabilities and deferred income$27,685$9,124$3,227$40,037

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is GE Vernova's services — service agreement liabilities?
GE Vernova (GEV) reported services — service agreement liabilities of $1.88B in Q2 2026.
What does services — service agreement liabilities mean?
Reflects the obligation to provide future services for which the company has already received payment or has an unconditional right to payment. These deferred revenues represent a liability until the performance obligations are satisfied through the delivery of service. It provides visibility into the company's future service workload and cash received in advance.

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