Illumina Contract with Customer, Asset, after Allowance for Credit Loss increased by 9.5% to $23.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.3%, from $15.00M to $23.00M. Over 4 years (FY 2021 to FY 2025), Contract with Customer, Asset, after Allowance for Credit Loss shows an upward trend with a 7.0% CAGR.
An increase suggests higher unbilled service activity or potential delays in collection, while a decrease indicates faster cash conversion or lower unbilled revenue.
This represents the net carrying amount of assets arising from contracts with customers, recognized when the entity has...
Comparable to unbilled receivables or contract assets at other financial services firms and asset managers.
other_contract_with_customer_asset_net| Q4 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.00M | $16.00M | $18.00M | $17.00M | $17.00M | $17.00M | $17.00M | $19.00M | $18.00M | $15.00M | $16.00M | $16.00M | $16.00M | $15.00M | $15.00M | $22.00M | $21.00M | $23.00M |
| QoQ Change | — | +0.0% | +12.5% | -5.6% | +0.0% | +0.0% | +0.0% | +11.8% | -5.3% | -16.7% | +6.7% | +0.0% | +0.0% | -6.3% | +0.0% | +46.7% | -4.5% | +9.5% |
| YoY Change | — | — | — | — | +6.3% | +6.3% | -5.6% | +11.8% | +5.9% | -11.8% | -5.9% | -15.8% | -11.1% | +0.0% | -6.3% | +37.5% | +31.3% | +53.3% |