Other
Increase (Decrease) in Contract with Customer, Asset
L3Harris Technologies Increase (Decrease) in Contract with Customer, Asset decreased by 117.1% to -$72.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 117.1%, from $420.00M to -$72.00M.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase often signals aggressive customer acquisition efforts, while a decrease may indicate a shift in sales strategy or amortization of existing contract assets.
Detailed definition
The net change in assets recognized for the costs of obtaining or fulfilling a contract with a customer that are expecte...
Peer comparison
Common in subscription-based industries like telecommunications and software.
Metric ID:
other_increase_decrease_in_contract_with_customer_assetHistorical Data
15 periods
| Q1 '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 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $272.00M | $86.00M | $709.00M | $93.00M | $66.00M | -$23.00M | -$159.00M | $269.00M | -$104.00M | $207.00M | -$434.00M | $340.00M | $294.00M | $420.00M | -$72.00M |
| QoQ Change | — | -68.4% | +724.4% | -86.9% | -29.0% | -134.8% | -591.3% | +269.2% | -138.7% | +299.0% | -309.7% | +178.3% | -13.5% | +42.9% | -117.1% |
| YoY Change | — | — | — | -65.8% | — | -126.7% | -122.4% | +189.2% | -257.6% | >999% | -173.0% | +26.4% | +382.7% | +23.5% | -117.1% |
Range-$434.00M – $709.00M
CAGR-31.6%
Avg YoY Growth+69.0%
Median YoY Growth-65.8%
Increase (Decrease) in Contract with Customer, Asset at Other Companies
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 does increase (decrease) in contract with customer, asset mean?
- The net change in capitalized costs associated with acquiring or fulfilling customer contracts.