Non-Current Assets

Contract Assets, Non-Current

Axon Enterprise, Inc. Contract Assets, Non-Current increased by 9.8% to $195.74M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 46.6%, from $133.55M to $195.74M. Over 5 years (FY 2020 to FY 2025), Contract Assets, Non-Current shows an upward trend with a 54.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

An increase suggests strong long-term project pipelines, while a decrease may indicate project completion or billing milestones being met.

Detailed definition

Contract assets represent the company's right to consideration for services already performed that are not yet billed be...

Peer comparison

Typical for firms with long-term service contracts; peers in project management will show higher levels.

Metric ID: contract_assets_noncurrent

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$31.69M$43.39M$29.75M$29.62M$28.24M$48.39M$45.17M$54.89M$75.20M$78.66M$84.38M$96.36M$107.22M$119.97M$119.88M$133.55M$161.91M$163.96M$178.25M$195.74M
QoQ Change+36.9%-31.4%-0.5%-4.6%+71.3%-6.7%+21.5%+37.0%+4.6%+7.3%+14.2%+11.3%+11.9%-0.1%+11.4%+21.2%+1.3%+8.7%+9.8%
YoY Change-10.9%+11.5%+51.8%+85.3%+166.3%+62.6%+86.8%+75.6%+42.6%+52.5%+42.1%+38.6%+51.0%+36.7%+48.7%+46.6%
Range$28.24M$195.74M
CAGR+46.7%
Avg YoY Growth+55.5%
Median YoY Growth+49.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is Axon Enterprise, Inc.'s contract assets, non-current?
Axon Enterprise, Inc. (AAXN) reported contract assets, non-current of $195.74M in Q1 2026.
How has Axon Enterprise, Inc.'s contract assets, non-current changed year-over-year?
Axon Enterprise, Inc.'s contract assets, non-current increased by 46.6% year-over-year, from $133.55M to $195.74M.
What is the long-term trend for Axon Enterprise, Inc.'s contract assets, non-current?
Over 5 years (2020 to 2025), Axon Enterprise, Inc.'s contract assets, non-current has grown at a 54.7% compound annual growth rate (CAGR), from $20.10M to $178.25M.
What does contract assets, non-current mean?
Unbilled revenue for services performed where payment is expected beyond one year.