Axon Enterprise, Inc. Contract Assets, Non-Current increased by 9.8% to $195.74M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 46.6%, from $133.55M to $195.74M. Over 5 years (FY 2020 to FY 2025), Contract Assets, Non-Current shows an upward trend with a 54.7% CAGR.
An increase indicates strong long-term contract performance but may signal potential future cash flow delays, while a decrease suggests faster billing cycles.
This represents the company's right to consideration for goods or services transferred to a customer that are not yet bi...
Standard for SaaS companies with multi-year enterprise agreements and complex revenue recognition schedules.
contract_assets_noncurrent| 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 | $31.69M | $43.39M | $29.75M | $29.62M | $28.24M | $48.39M | $45.17M | $54.89M | $75.20M | $78.66M | $84.38M | $96.36M | $107.22M | $119.97M | $119.88M | $133.55M | $161.91M | $163.96M | $178.25M | $195.74M |
| QoQ Change | — | +36.9% | -31.4% | -0.5% | -4.6% | +71.3% | -6.7% | +21.5% | +37.0% | +4.6% | +7.3% | +14.2% | +11.3% | +11.9% | -0.1% | +11.4% | +21.2% | +1.3% | +8.7% | +9.8% |
| YoY Change | — | — | — | — | -10.9% | +11.5% | +51.8% | +85.3% | +166.3% | +62.6% | +86.8% | +75.6% | +42.6% | +52.5% | +42.1% | +38.6% | +51.0% | +36.7% | +48.7% | +46.6% |