Dycom Industries Contract Assets increased by 47.9% to $240.13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 135.4%, from $101.99M to $240.13M. Over 5 years (FY 2021 to FY 2026), Contract Assets shows a downward trend with a -3.8% CAGR.
A growing balance may indicate strong project progress, but excessive growth relative to revenue could signal potential billing or collection bottlenecks.
Contract assets represent the company's right to consideration for work completed under a contract that has not yet been...
Standard for firms using percentage-of-completion accounting; peers in construction often carry significant contract asset balances.
contract_assets| 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 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $177.21M | $163.69M | $110.69M | $24.54M | $33.65M | $45.72M | $53.32M | $43.93M | $56.62M | $77.25M | $70.45M | $52.21M | $68.46M | $74.23M | $60.96M | $63.38M | $101.99M | $119.66M | $147.58M | $162.33M | $240.13M |
| QoQ Change | — | -7.6% | -32.4% | -77.8% | +37.1% | +35.9% | +16.6% | -17.6% | +28.9% | +36.5% | -8.8% | -25.9% | +31.1% | +8.4% | -17.9% | +4.0% | +60.9% | +17.3% | +23.3% | +10.0% | +47.9% |
| YoY Change | — | — | — | — | -81.0% | -72.1% | -51.8% | +79.0% | +68.3% | +69.0% | +32.1% | +18.8% | +20.9% | -3.9% | -13.5% | +21.4% | +49.0% | +61.2% | +142.1% | +156.1% | +135.4% |