Products & Services · Service agreement liabilities
Services — Service agreement liabilities
GE Vernova Services — Service agreement liabilities decreased by 3.0% to $1.92B in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026Apr 22, 2026
How to read this metric
An increase suggests strong future service demand and cash flow, while a decrease may indicate a slowdown in new service contract bookings.
Detailed definition
Reflects the obligation to provide future services for which the company has already received payment or has an uncondit...
Peer comparison
Often referred to as 'Deferred Revenue' or 'Contract Liabilities' in industrial service sectors.
Metric ID:
gev_segment_services_service_agreement_liabilitiesHistorical Data
4 periods
| Q4 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|
| Value | $1.79B | $1.99B | $1.98B | $1.92B |
| QoQ Change | — | +11.2% | -0.6% | -3.0% |
| YoY Change | — | — | +10.5% | — |
Range$1.79B – $1.99B
Avg YoY Growth+10.5%
Median YoY Growth+10.5%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is GE Vernova's services — service agreement liabilities?
- GE Vernova (GEV) reported services — service agreement liabilities of $1.92B in Q1 2026.
- What does services — service agreement liabilities mean?
- Payments received from customers for services that have not yet been performed.