Current Assets
Contract Assets
Raytheon Technologies Contract Assets increased by 5.7% to $18.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.6%, from $15.24B to $18.07B. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 11.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 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
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 | $10.49B | $10.90B | $11.36B | $11.57B | $11.84B | $12.30B | $11.53B | $12.73B | $12.97B | $12.70B | $12.14B | $13.10B | $13.58B | $14.68B | $14.57B | $15.24B | $15.69B | $16.60B | $17.09B | $18.07B |
| QoQ Change | — | +3.9% | +4.2% | +1.8% | +2.3% | +3.9% | -6.2% | +10.4% | +1.9% | -2.1% | -4.4% | +7.9% | +3.6% | +8.1% | -0.8% | +4.6% | +2.9% | +5.9% | +2.9% | +5.7% |
| YoY Change | — | — | — | — | +12.9% | +12.8% | +1.5% | +10.1% | +9.6% | +3.2% | +5.2% | +2.9% | +4.7% | +15.7% | +20.0% | +16.3% | +15.5% | +13.1% | +17.3% | +18.6% |
Range$10.49B – $18.07B
CAGR+12.1%
Avg YoY Growth+11.2%
Median YoY Growth+12.9%
Current Streak5 quarters growth
Contract Assets at Other Companies
Frequently Asked Questions
- What is Raytheon Technologies's contract assets?
- Raytheon Technologies (RTX) reported contract assets of $18.07B in Q1 2026.
- How has Raytheon Technologies's contract assets changed year-over-year?
- Raytheon Technologies's contract assets increased by 18.6% year-over-year, from $15.24B to $18.07B.
- What is the long-term trend for Raytheon Technologies's contract assets?
- Over 5 years (2020 to 2025), Raytheon Technologies's contract assets has grown at a 11.5% compound annual growth rate (CAGR), from $9.93B to $17.09B.
- What does contract assets mean?
- Revenue earned from projects that has not yet been invoiced to the customer.