What is GE Vernova's wind — current contract assets (note 9)?

GE Vernova (GEV) reported wind — current contract assets (note 9) of $928.00M in Q1 2026.

What does wind — current contract assets (note 9) mean?

Value of work completed on wind projects that has been recognized as revenue but not yet billed to the customer.

GE Vernova Wind — Current contract assets (Note 9) decreased by 6.1% to $928.00M in Q1 2026 compared to the prior quarter.

StatementSegment

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ4 2024

Last reportedQ1 2026Apr 22, 2026

An increase may signal strong project execution but also potential future cash collection risks.

Represents the right to consideration in exchange for goods or services transferred to customers in the Wind segment tha...

Comparable to 'Unbilled Receivables' or 'Contract Assets' in construction and industrial sectors.

Metric ID: gev_segment_wind_current_contract_assets_note_9

4 periods

	Q4 '24	Q3 '25	Q4 '25	Q1 '26
Value	$538.00M	$842.00M	$988.00M	$928.00M
QoQ Change	—	+56.5%	+17.3%	-6.1%
YoY Change	—	—	+83.6%	—

Range$538.00M – $988.00M

Avg YoY Growth+83.6%

Median YoY Growth+83.6%

What is GE Vernova's wind — current contract assets (note 9)?: GE Vernova (GEV) reported wind — current contract assets (note 9) of $928.00M in Q1 2026.
What does wind — current contract assets (note 9) mean?: Value of work completed on wind projects that has been recognized as revenue but not yet billed to the customer.