Operating

Increase (Decrease) in Contract with Customer, Asset

Year-over-year, this metric declined by 117.1%, from $420.00M to -$72.00M. Over 3 years (FY 2021 to FY 2025), Increase (Decrease) in Contract with Customer, Asset shows a downward trend with a -17.9% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2017
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase represents a cash outflow used to secure future revenue, while a decrease indicates the amortization of previously capitalized costs.

Detailed definition

Represents the change in capitalized costs associated with obtaining or fulfilling contracts with customers. An increase...

Peer comparison

Common in SaaS and service-based businesses that capitalize customer acquisition costs under accounting standards like ASC 606.

Metric ID: operating_increase_decrease_in_contract_with_customer_asset

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$272.00M$166.00M$177.00M$205.00M$93.00M-$68.00M$86.00M-$134.00M$269.00M-$110.00M-$23.00M-$198.00M$340.00M-$175.00M$207.00M$420.00M$214.00M-$180.00M$0.00-$72.00M
QoQ Change-39.0%+6.6%+15.8%-54.6%-173.1%+226.5%-255.8%+300.7%-140.9%+79.1%-760.9%+271.7%-151.5%+218.3%+102.9%-49.0%-184.1%+100.0%
YoY Change-65.8%-141.0%-51.4%-165.4%+189.2%-61.8%-126.7%-47.8%+26.4%-59.1%>999%+23.5%+222.3%-187.0%-117.1%
Range-$198.00M$420.00M
CAGR-24.4%
Avg YoY Growth+29.2%
Median YoY Growth-59.1%

Frequently Asked Questions

What is L3Harris Technologies's increase (decrease) in contract with customer, asset?
L3Harris Technologies (LHX) reported increase (decrease) in contract with customer, asset of -$72.00M in Q1 2026.
How has L3Harris Technologies's increase (decrease) in contract with customer, asset changed year-over-year?
L3Harris Technologies's increase (decrease) in contract with customer, asset decreased by 117.1% year-over-year, from $420.00M to -$72.00M.
What is the long-term trend for L3Harris Technologies's increase (decrease) in contract with customer, asset?
Over 3 years (2021 to 2025), L3Harris Technologies's increase (decrease) in contract with customer, asset has grown at a -17.9% compound annual growth rate (CAGR), from $820.00M to $454.00M.
What does increase (decrease) in contract with customer, asset mean?
The change in the value of assets related to costs incurred to secure or fulfill customer contracts.