What is Raytheon Technologies's contract assets?

Raytheon Technologies (RTX) reported contract assets of $18.47B in Q1 2026.

What does contract assets mean?

Unbilled revenue resulting from performance obligations satisfied before the contractual billing date.

Raytheon Technologies Contract Assets increased by 3.9% to $18.47B in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionOther

CategoryEfficiency

SignalContext dependent

VolatilityModerate

First reportedQ4 2025

Last reportedQ1 2026Apr 21, 2026

An increase indicates strong project progress ahead of billing, while a decrease may suggest project completion or billing catch-up.

This represents the company's right to consideration in exchange for goods or services that have been transferred to a c...

Standard for companies with long-term defense or aerospace contracts; peers show similar patterns based on contract milestones.

Metric ID: other_contract_with_customer_asset_gross_current

2 periods

	Q4 '25	Q1 '26
Value	$17.77B	$18.47B
QoQ Change	—	+3.9%

Range$17.77B – $18.47B

What is Raytheon Technologies's contract assets?: Raytheon Technologies (RTX) reported contract assets of $18.47B in Q1 2026.
What does contract assets mean?: Unbilled revenue resulting from performance obligations satisfied before the contractual billing date.