Other
Increase (decrease) to net contractual service agreements due to billings
GE Vernova Increase (decrease) to net contractual service agreements due to billings increased by 26.4% to -$1.16B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from -$1.25B to -$1.16B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2024
Last reportedQ1 2026Apr 22, 2026
How to read this metric
Higher billing rates improve cash flow, though they must be balanced against the progress of work performed.
Detailed definition
Measures the impact of billing activities on the net balance of contractual service agreements. It tracks how much of th...
Peer comparison
Used by industrial and service companies to track the billing progress of large-scale service contracts.
Metric ID:
other_contract_with_customer_asset_cumulative_catch_up_a_98d75dHistorical Data
9 periods
| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.17B | -$1.13B | -$1.37B | -$1.35B | -$1.25B | -$1.28B | -$1.25B | -$1.58B | -$1.16B |
| QoQ Change | — | +3.9% | -21.8% | +1.8% | +7.3% | -2.8% | +2.8% | -26.7% | +26.4% |
| YoY Change | — | — | — | — | -6.5% | -13.9% | +9.1% | -17.3% | +6.9% |
Range-$1.58B – -$1.13B
CAGR-0.4%
Avg YoY Growth-4.3%
Median YoY Growth-6.5%
Increase (decrease) to net contractual service agreements due to billings at Other Companies
Frequently Asked Questions
- What is GE Vernova's increase (decrease) to net contractual service agreements due to billings?
- GE Vernova (GEV) reported increase (decrease) to net contractual service agreements due to billings of -$1.16B in Q1 2026.
- How has GE Vernova's increase (decrease) to net contractual service agreements due to billings changed year-over-year?
- GE Vernova's increase (decrease) to net contractual service agreements due to billings increased by 6.9% year-over-year, from -$1.25B to -$1.16B.
- What does increase (decrease) to net contractual service agreements due to billings mean?
- The amount of revenue billed to customers under long-term service agreements.