GE Vernova Contract and other deferred assets (Note 9) increased by 22.2% to $462.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.5%, from $505.00M to $462.00M. Over 2 years (FY 2023 to FY 2025), Contract and other deferred assets (Note 9) shows a downward trend with a -22.0% CAGR.
other_contract_and_other_deferred_assets_noncurrent| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $621.00M | $633.00M | $614.00M | $618.00M | $555.00M | $505.00M | $496.00M | $486.00M | $378.00M | $462.00M |
| QoQ Change | — | +1.9% | -3.0% | +0.7% | -10.2% | -9.0% | -1.8% | -2.0% | -22.2% | +22.2% |
| YoY Change | — | — | — | — | -10.6% | -20.2% | -19.2% | -21.4% | -31.9% | -8.5% |
| Segment | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Power | $474.00M | $368.00M | $453.00M |
| Electrification | $11.00M | $9.00M | $7.00M |
| Wind | $2.00M | $1.00M | $1.00M |
| Total | $486.00M | $378.00M | $462.00M |