Current Assets
Contract Assets
Hubbell Contract Assets increased by 18.9% to $57.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.0%, from $46.60M to $57.30M. Over 2 years (FY 2023 to FY 2025), Contract Assets shows an upward trend with a 7.6% 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_assetsHistorical Data
10 periods
| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $41.60M | $28.50M | $28.70M | $40.40M | $38.00M | $46.60M | $46.60M | $49.40M | $48.20M | $57.30M |
| QoQ Change | — | -31.5% | +0.7% | +40.8% | -5.9% | +22.6% | +0.0% | +6.0% | -2.4% | +18.9% |
| YoY Change | — | — | — | — | -8.7% | +63.5% | +62.4% | +22.3% | +26.8% | +23.0% |
Range$28.50M – $57.30M
CAGR+15.3%
Avg YoY Growth+31.6%
Median YoY Growth+24.9%
Contract Assets at Other Companies
Frequently Asked Questions
- What is Hubbell's contract assets?
- Hubbell (HUBB) reported contract assets of $57.30M in Q1 2026.
- How has Hubbell's contract assets changed year-over-year?
- Hubbell's contract assets increased by 23.0% year-over-year, from $46.60M to $57.30M.
- What is the long-term trend for Hubbell's contract assets?
- Over 2 years (2023 to 2025), Hubbell's contract assets has grown at a 7.6% compound annual growth rate (CAGR), from $41.60M to $48.20M.
- What does contract assets mean?
- Revenue earned from projects that has not yet been invoiced to the customer.