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Current Assets

Contract Assets

ITT Contract Assets increased by 54.0% to $78.4M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 89.4%, from $41.4M to $78.4M. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 21.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2017
Last reportedQ1 2026May 6, 2026
Metric ID: contract_assets

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$14.4M$17.6M$20.6M$22M$30.1M$33.1M$26.3M$27.7M$28.1M$24.8M$25.8M$40.4M$47.5M$34.4M$34.4M$41.4M$42.5M$51M$50.9M$78.4M
QoQ Change+22.2%+17.0%+6.8%+36.8%+10.0%-20.5%+5.3%+1.4%-11.7%+4.0%+56.6%+17.6%-27.6%+0.0%+20.3%+2.7%+20.0%-0.2%+54.0%
YoY Change+109.0%+88.1%+27.7%+25.9%-6.6%-25.1%-1.9%+45.8%+69.0%+38.7%+33.3%+2.5%-10.5%+48.3%+48.0%+89.4%
Range$14.4M$78.4M
CAGR+42.9%
Avg YoY Growth+36.3%
Median YoY Growth+36.0%

Frequently Asked Questions

What is ITT's contract assets?
ITT (ITT) reported contract assets of $78.4M in Q1 2026.
How has ITT's contract assets changed year-over-year?
ITT's contract assets increased by 89.4% year-over-year, from $41.4M to $78.4M.
What is the long-term trend for ITT's contract assets?
Over 5 years (2020 to 2025), ITT's contract assets has grown at a 21.7% compound annual growth rate (CAGR), from $19.1M to $50.9M.