Current Assets
Contract Assets
Leidos Holdings Contract Assets decreased by 3.2% to $865.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $865.00M to $865.00M. Over 5 years (FY 2020 to FY 2025), Contract Assets shows relatively stable performance with a -0.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026May 5, 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_assetsHistorical Data
21 periods
| Q1 '21 | Q2 '21 | Q3 '21 | 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 | $943.00M | $1.03B | $1.03B | $1.02B | $1.08B | $944.00M | $1.03B | $1.01B | $997.00M | $984.00M | $1.05B | $1.04B | $1.10B | $1.14B | $1.14B | $842.00M | $865.00M | $838.00M | $949.00M | $894.00M | $865.00M |
| QoQ Change | — | +9.1% | -0.1% | -0.6% | +5.5% | -12.4% | +8.9% | -1.8% | -1.3% | -1.3% | +6.4% | -0.6% | +5.6% | +3.4% | +0.1% | -25.9% | +2.7% | -3.1% | +13.2% | -5.8% | -3.2% |
| YoY Change | — | — | — | — | +14.3% | -8.3% | +0.0% | -1.2% | -7.5% | +4.2% | +1.8% | +3.1% | +10.2% | +15.4% | +8.6% | -19.1% | -21.3% | -26.2% | -16.5% | +6.2% | +0.0% |
Range$838.00M – $1.14B
CAGR-1.7%
Avg YoY Growth-2.1%
Median YoY Growth+0.0%
Current Streak2 quarters decline
Contract Assets at Other Companies
Frequently Asked Questions
- What is Leidos Holdings's contract assets?
- Leidos Holdings (LDOS) reported contract assets of $865.00M in Q1 2026.
- How has Leidos Holdings's contract assets changed year-over-year?
- Leidos Holdings's contract assets decreased by 0.0% year-over-year, from $865.00M to $865.00M.
- What is the long-term trend for Leidos Holdings's contract assets?
- Over 5 years (2020 to 2025), Leidos Holdings's contract assets has grown at a -0.3% compound annual growth rate (CAGR), from $906.00M to $894.00M.
- What does contract assets mean?
- Revenue earned from projects that has not yet been invoiced to the customer.