Current Assets

Contract Assets

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.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2027May 28, 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_assets

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '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%
Range$24.54M$240.13M
CAGR+6.3%
Avg YoY Growth+37.1%
Median YoY Growth+32.1%
Current Streak6 quarters growth

Frequently Asked Questions

What is Dycom Industries's contract assets?
Dycom Industries (DY) reported contract assets of $240.13M in Q1 2026.
How has Dycom Industries's contract assets changed year-over-year?
Dycom Industries's contract assets increased by 135.4% year-over-year, from $101.99M to $240.13M.
What is the long-term trend for Dycom Industries's contract assets?
Over 5 years (2021 to 2026), Dycom Industries's contract assets has grown at a -3.8% compound annual growth rate (CAGR), from $197.11M to $162.33M.
What does contract assets mean?
Revenue earned from projects that has not yet been invoiced to the customer.