What is OMDA's contract assets?

OMDA (OMDA) reported contract assets of $4.02M in Q1 2026.

What does contract assets mean?

Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

OMDA OMDA Contract Assets

Contract Assets at other companies

MYR GroupMYRG

$224.26M-34.4%

GitLabGTLB

$3.3M—

ADTADT

$22.86M-54.9%

IPG PhotonicsIPGP

$5.7M+429%

Dolby Laboratories, Inc.DLB

$239.01M+3.7%

GXO LogisticsGXO

$32M0.0%

Other financials

Income statement

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Revenue$78.0M+42.0%

Gross profit$48.7M+52.6%

Operating income-$4.8M+43.1%

Net income-$3.0M+68.6%

EPS (diluted)-$0.05+95.7%

Balance sheet

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Cash & equivalents$211.8M+257%

Total debt$30.0M—

Total equity$234.1M+160%

Total assets$302.8M—

Cash flow

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Operating cash flow-$11.8M+26.6%

CapEx$78.0K-75.2%

Free cash flow-$11.9M+27.5%

Valuation

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Market cap$1.11B+23.8%

P/S3.9×-0.4×

Profitability

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Gross margin66.3%+4.4pp

Operating margin-9.6%-4.0pp

Net margin-11.3%-4.6pp

FCF margin-40.8%—

Returns & leverage

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Return on equity26.8%—

Debt / equity0.1×—

Current ratio3.9×—

Where this comes from

Reported directly by OMDA in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: OMDA’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is OMDA's contract assets?: OMDA (OMDA) reported contract assets of $4.02M in Q1 2026.
What does contract assets mean?: Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.