Discontinued — last reported Q3 '23
Current Assets
Contract Assets
EQT Corporation Contract Assets decreased by 31.3% to $796.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.9%, from $994.10M to $796.10M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023
How to read this metric
An increase suggests strong project progress or service delivery ahead of billing cycles; a decrease may indicate slower project completion or faster billing.
Detailed definition
This represents the entity's right to consideration in exchange for goods or services that the entity has transferred to...
Peer comparison
Standard for companies with long-term service or construction-type contracts.
Metric ID:
contract_assetsHistorical Data
6 periods
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|
| Value | $939.90M | $994.10M | $668.90M | $644.80M | $1.16B | $796.10M |
| QoQ Change | — | +5.8% | -32.7% | -3.6% | +79.7% | -31.3% |
| YoY Change | — | — | — | — | +23.3% | -19.9% |
Range$644.80M – $1.16B
CAGR-12.4%
Avg YoY Growth+1.7%
Median YoY Growth+1.7%
Contract Assets at Other Companies
Frequently Asked Questions
- What is EQT Corporation's contract assets?
- EQT Corporation (EQT) reported contract assets of $796.10M in Q1 2026.
- How has EQT Corporation's contract assets changed year-over-year?
- EQT Corporation's contract assets decreased by 19.9% year-over-year, from $994.10M to $796.10M.
- What does contract assets mean?
- Revenue earned for work performed but not yet billed to the customer.