Current Assets

Contract Assets

TechnipFMC Contract Assets increased by 3.0% to $1.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $1.07B to $1.10B. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 3.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026

How to read this metric

A growing balance may indicate strong project progress, but excessive growth relative to revenue could signal potential billing or collection bottlenecks.

Detailed definition

Contract assets represent the company's right to consideration for work completed under a contract that has not yet been...

Peer comparison

Standard for firms using percentage-of-completion accounting; peers in construction often carry significant contract asset balances.

Metric ID: contract_assets

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$928.30M$1.03B$966.00M$983.40M$1.03B$1.02B$981.60M$1.22B$1.27B$1.20B$1.01B$1.06B$1.12B$1.14B$967.70M$1.07B$1.11B$1.06B$1.07B$1.10B
QoQ Change+10.6%-5.9%+1.8%+4.2%-0.1%-4.1%+24.4%+3.7%-4.9%-16.1%+5.2%+5.3%+2.0%-15.2%+10.4%+4.1%-4.3%+0.1%+3.0%
YoY Change+10.4%-0.3%+1.6%+24.2%+23.6%+17.6%+2.9%-13.0%-11.7%-5.3%-4.2%+0.5%-0.6%-6.7%+10.1%+2.7%
Range$928.30M$1.27B
CAGR+3.6%
Avg YoY Growth+3.2%
Median YoY Growth+1.1%
Current Streak2 quarters growth

Contract Assets at Other Companies

Frequently Asked Questions

What is TechnipFMC's contract assets?
TechnipFMC (FTI) reported contract assets of $1.10B in Q1 2026.
How has TechnipFMC's contract assets changed year-over-year?
TechnipFMC's contract assets increased by 2.7% year-over-year, from $1.07B to $1.10B.
What is the long-term trend for TechnipFMC's contract assets?
Over 5 years (2020 to 2025), TechnipFMC's contract assets has grown at a 3.7% compound annual growth rate (CAGR), from $886.80M to $1.07B.
What does contract assets mean?
Revenue earned from projects that has not yet been invoiced to the customer.