Non-Current Assets

Contract Assets, Non-Current

Idexx Laboratories Contract Assets, Non-Current increased by 1.7% to $240.96M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.9%, from $189.88M to $240.96M. Over 5 years (FY 2020 to FY 2025), Contract Assets, Non-Current shows an upward trend with a 20.9% 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$106.96M$114.67M$122.16M$131.01M$138.78M$141.49M$148.97M$152.21M$157.82M$159.20M$167.96M$173.43M$180.17M$185.86M$185.51M$189.88M$206.88M$216.78M$236.91M$240.96M
QoQ Change+7.2%+6.5%+7.2%+5.9%+2.0%+5.3%+2.2%+3.7%+0.9%+5.5%+3.3%+3.9%+3.2%-0.2%+2.4%+9.0%+4.8%+9.3%+1.7%
YoY Change+29.7%+23.4%+21.9%+16.2%+13.7%+12.5%+12.7%+13.9%+14.2%+16.8%+10.4%+9.5%+14.8%+16.6%+27.7%+26.9%
Range$106.96M$240.96M
CAGR+18.6%
Avg YoY Growth+17.6%
Median YoY Growth+15.5%
Current Streak5 quarters growth

Contract Assets, Non-Current at Other Companies

Frequently Asked Questions

What is Idexx Laboratories's contract assets, non-current?
Idexx Laboratories (IDXX) reported contract assets, non-current of $240.96M in Q1 2026.
How has Idexx Laboratories's contract assets, non-current changed year-over-year?
Idexx Laboratories's contract assets, non-current increased by 26.9% year-over-year, from $189.88M to $240.96M.
What is the long-term trend for Idexx Laboratories's contract assets, non-current?
Over 5 years (2020 to 2025), Idexx Laboratories's contract assets, non-current has grown at a 20.9% compound annual growth rate (CAGR), from $91.68M to $236.91M.
What does contract assets, non-current mean?
Unbilled revenue for services already provided that will be collected more than one year in the future.