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Increase (Decrease) in Contract with Customer, Asset

GE Vernova Increase (Decrease) in Contract with Customer, Asset increased by 4533.3% to $417M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.9%, from $345M to $417M.

Analysis

StatementIncome Statement
SectionOther
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026Apr 22, 2026

How to read this metric

An increase suggests strong project execution but may indicate a delay in billing or collection cycles.

Detailed definition

Represents the change in assets recognized when the company has performed under a contract but has not yet reached the u...

Peer comparison

Standard for companies with long-cycle project businesses like power and infrastructure.

Metric ID: other_increase_decrease_in_contract_with_customer_asset

Historical Data

15 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value-$88.25M-$88.25M-$88.25M-$88.25M$36M-$31M$63M-$181M$270M$138M$175M$345M$302M$9M$417M
QoQ Change+0.0%+0.0%+0.0%+140.8%-186.1%+303.2%-387.3%+249.2%-48.9%+26.8%+97.1%-12.5%-97.0%>999%
YoY Change+140.8%+64.9%+171.4%-105.1%+650.0%+545.2%+196.7%+27.8%+118.8%+20.9%
Range-$181M$417M
CAGR+55.8%
Avg YoY Growth+183.1%
Median YoY Growth+129.8%

Frequently Asked Questions

What is GE Vernova's increase (decrease) in contract with customer, asset?
GE Vernova (GEV) reported increase (decrease) in contract with customer, asset of $417M in Q1 2026.
How has GE Vernova's increase (decrease) in contract with customer, asset changed year-over-year?
GE Vernova's increase (decrease) in contract with customer, asset increased by 20.9% year-over-year, from $345M to $417M.
What does increase (decrease) in contract with customer, asset mean?
The change in value of work performed that has been recognized as revenue but not yet billed.