Carrier Global Contract Assets, Non-Current decreased by 4.8% to $79.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 125.7%, from $35.00M to $79.00M. Over 5 years (FY 2020 to FY 2025), Contract Assets, Non-Current shows a downward trend with a -3.3% CAGR.
An increase indicates strong long-term contract performance but may signal potential future cash flow delays, while a decrease suggests faster billing cycles.
This represents the company's right to consideration for goods or services transferred to a customer that are not yet bi...
Standard for SaaS companies with multi-year enterprise agreements and complex revenue recognition schedules.
contract_assets_noncurrent| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $166.00M | $119.00M | $70.00M | $15.00M | $6.00M | $7.00M | $6.00M | $6.00M | $8.00M | $18.00M | $26.00M | $30.00M | $40.00M | $55.00M | $65.00M | $35.00M | $47.00M | $55.00M | $83.00M | $79.00M |
| QoQ Change | — | -28.3% | -41.2% | -78.6% | -60.0% | +16.7% | -14.3% | +0.0% | +33.3% | +125.0% | +44.4% | +15.4% | +33.3% | +37.5% | +18.2% | -46.2% | +34.3% | +17.0% | +50.9% | -4.8% |
| YoY Change | — | — | — | — | -96.4% | -94.1% | -91.4% | -60.0% | +33.3% | +157.1% | +333.3% | +400.0% | +400.0% | +205.6% | +150.0% | +16.7% | +17.5% | +0.0% | +27.7% | +125.7% |