Non-Current Assets

Contract Assets, Non-Current

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.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ3 2024
Last reportedQ4 2025

How to read this metric

An increase indicates strong long-term contract performance but may signal potential future cash flow delays, while a decrease suggests faster billing cycles.

Detailed definition

This represents the company's right to consideration for goods or services transferred to a customer that are not yet bi...

Peer comparison

Standard for SaaS companies with multi-year enterprise agreements and complex revenue recognition schedules.

Metric ID: contract_assets_noncurrent

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$28.24M$195.74M
CAGR+46.7%
Avg YoY Growth+55.5%
Median YoY Growth+49.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is Axon Enterprise, Inc.'s contract assets, non-current?
Axon Enterprise, Inc. (AXON) reported contract assets, non-current of $195.74M in Q1 2026.
How has Axon Enterprise, Inc.'s contract assets, non-current changed year-over-year?
Axon Enterprise, Inc.'s contract assets, non-current increased by 46.6% year-over-year, from $133.55M to $195.74M.
What is the long-term trend for Axon Enterprise, Inc.'s contract assets, non-current?
Over 5 years (2020 to 2025), Axon Enterprise, Inc.'s contract assets, non-current has grown at a 54.7% compound annual growth rate (CAGR), from $20.10M to $178.25M.
What does contract assets, non-current mean?
Unbilled revenue for services already provided that will be collected more than one year in the future.