Non-Current Assets
Contract Assets, Non-Current
Equinix, Inc. Contract Assets, Non-Current decreased by 2.4% to $123.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.3%, from $93.00M to $123.00M. Over 5 years (FY 2020 to FY 2025), Contract Assets, Non-Current shows an upward trend with a 18.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026Apr 29, 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_noncurrentHistorical Data
20 periods
| 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 | $53.14M | $51.45M | $55.49M | $56.23M | $61.29M | $61.10M | $55.41M | $72.27M | $76.24M | $74.79M | $86.00M | $79.00M | $81.00M | $101.00M | $113.00M | $93.00M | $102.00M | $103.00M | $126.00M | $123.00M |
| QoQ Change | — | -3.2% | +7.8% | +1.3% | +9.0% | -0.3% | -9.3% | +30.4% | +5.5% | -1.9% | +15.0% | -8.1% | +2.5% | +24.7% | +11.9% | -17.7% | +9.7% | +1.0% | +22.3% | -2.4% |
| YoY Change | — | — | — | — | +15.3% | +18.7% | -0.1% | +28.5% | +24.4% | +22.4% | +55.2% | +9.3% | +6.2% | +35.1% | +31.4% | +17.7% | +25.9% | +2.0% | +11.5% | +32.3% |
Range$51.45M – $126.00M
CAGR+19.3%
Avg YoY Growth+21.0%
Median YoY Growth+20.6%
Contract Assets, Non-Current at Other Companies
Frequently Asked Questions
- What is Equinix, Inc.'s contract assets, non-current?
- Equinix, Inc. (EQIX) reported contract assets, non-current of $123.00M in Q1 2026.
- How has Equinix, Inc.'s contract assets, non-current changed year-over-year?
- Equinix, Inc.'s contract assets, non-current increased by 32.3% year-over-year, from $93.00M to $123.00M.
- What is the long-term trend for Equinix, Inc.'s contract assets, non-current?
- Over 5 years (2020 to 2025), Equinix, Inc.'s contract assets, non-current has grown at a 18.4% compound annual growth rate (CAGR), from $54.05M to $126.00M.
- What does contract assets, non-current mean?
- Unbilled revenue for services performed where payment is expected beyond one year.