Current Assets
Contract Assets
Verizon Communications Contract Assets decreased by 13.1% to $450.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.5%, from $559.00M to $450.00M. Over 4 years (FY 2021 to FY 2025), Contract Assets shows a downward trend with a -8.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026May 1, 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
17 periods
| Q4 '21 | 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 | $739.00M | $697.00M | $692.00M | $656.00M | $580.00M | $542.00M | $541.00M | $546.00M | $541.00M | $548.00M | $569.00M | $621.00M | $559.00M | $537.00M | $549.00M | $518.00M | $450.00M |
| QoQ Change | — | -5.7% | -0.7% | -5.2% | -11.6% | -6.6% | -0.2% | +0.9% | -0.9% | +1.3% | +3.8% | +9.1% | -10.0% | -3.9% | +2.2% | -5.6% | -13.1% |
| YoY Change | — | — | — | -11.2% | — | -22.2% | -21.8% | -16.8% | -6.7% | +1.1% | +5.2% | +13.7% | +3.3% | -2.0% | -3.5% | -16.6% | -19.5% |
Range$450.00M – $739.00M
CAGR-11.7%
Avg YoY Growth-7.5%
Median YoY Growth-6.7%
Current Streak2 quarters decline
Contract Assets at Other Companies
Frequently Asked Questions
- What is Verizon Communications's contract assets?
- Verizon Communications (VZ) reported contract assets of $450.00M in Q1 2026.
- How has Verizon Communications's contract assets changed year-over-year?
- Verizon Communications's contract assets decreased by 19.5% year-over-year, from $559.00M to $450.00M.
- What is the long-term trend for Verizon Communications's contract assets?
- Over 4 years (2021 to 2025), Verizon Communications's contract assets has grown at a -8.5% compound annual growth rate (CAGR), from $739.00M to $518.00M.
- What does contract assets mean?
- Revenue earned from projects that has not yet been invoiced to the customer.