Products & Services · Total revenues
Services — Total revenues
GE Vernova Services — Total revenues decreased by 18.2% to $4.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $3.84B to $4.08B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026Apr 22, 2026
Rolls up toTotal Revenue
How to read this metric
An increase indicates growing service demand or a larger installed base, while a decrease may signal reduced customer activity or contract losses.
Detailed definition
Represents the total gross revenue generated from service-related activities within a specific business segment. This in...
Peer comparison
Commonly reported as 'Service Revenue' or 'Aftermarket Revenue' in industrial and capital goods companies.
Metric ID:
gev_segment_services_total_revenuesHistorical Data
11 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.75B | $3.75B | $3.75B | $3.75B | $3.62B | $4.71B | $3.84B | $4.22B | $4.09B | $4.99B | $4.08B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -3.3% | +29.9% | -18.5% | +10.0% | -3.0% | +22.1% | -18.2% |
| YoY Change | — | — | — | — | -3.3% | +25.7% | — | — | +12.9% | +6.1% | +6.5% |
Range$3.62B – $4.99B
CAGR+3.5%
Avg YoY Growth+9.6%
Median YoY Growth+6.5%
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Frequently Asked Questions
- What is GE Vernova's services — total revenues?
- GE Vernova (GEV) reported services — total revenues of $4.08B in Q1 2026.
- How has GE Vernova's services — total revenues changed year-over-year?
- GE Vernova's services — total revenues increased by 6.5% year-over-year, from $3.84B to $4.08B.
- What does services — total revenues mean?
- The total income earned from providing maintenance and support services to customers.