Contract Assets, Non-Current
Thermo Fisher Scientific Contract Assets, Non-Current remained flat by 0.0% to $1.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 75.0%, from $4.00M to $1.00M. Over 5 years (FY 2020 to FY 2025), Contract Assets, Non-Current shows a downward trend with a -38.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
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.
contract_assets_noncurrentHistorical Data
| 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 | $8.00M | $11.00M | $9.00M | $11.00M | $10.00M | $9.00M | $7.00M | $8.00M | $6.00M | $5.00M | $4.00M | $9.00M | $7.00M | $8.00M | $6.00M | $4.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| QoQ Change | — | +37.5% | -18.2% | +22.2% | -9.1% | -10.0% | -22.2% | +14.3% | -25.0% | -16.7% | -20.0% | +125.0% | -22.2% | +14.3% | -25.0% | -33.3% | -75.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +25.0% | -18.2% | -22.2% | -27.3% | -40.0% | -44.4% | -42.9% | +12.5% | +16.7% | +60.0% | +50.0% | -55.6% | -85.7% | -87.5% | -83.3% | -75.0% |
Contract Assets, Non-Current at Other Companies
Frequently Asked Questions
- What is Thermo Fisher Scientific's contract assets, non-current?
- Thermo Fisher Scientific (TMO) reported contract assets, non-current of $1.00M in Q1 2026.
- How has Thermo Fisher Scientific's contract assets, non-current changed year-over-year?
- Thermo Fisher Scientific's contract assets, non-current decreased by 75.0% year-over-year, from $4.00M to $1.00M.
- What is the long-term trend for Thermo Fisher Scientific's contract assets, non-current?
- Over 5 years (2020 to 2025), Thermo Fisher Scientific's contract assets, non-current has grown at a -38.1% compound annual growth rate (CAGR), from $11.00M to $1.00M.
- What does contract assets, non-current mean?
- Unbilled revenue for services performed where payment is expected beyond one year.