Contract Assets, Net
RBC Bearings Contract Assets, Net increased by 27.1% to $25.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.1%, from $19.90M to $25.30M. Over 5 years (FY 2021 to FY 2026), Contract Assets, Net shows an upward trend with a 22.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase may indicate strong sales growth or a shift in contract terms, while a significant rise relative to revenue could signal potential collection risks.
Detailed definition
This represents the company's right to consideration in exchange for goods or services that have been transferred to a c...
Peer comparison
Standardized under revenue recognition accounting standards (ASC 606) for companies with long-term or milestone-based contracts.
contract_assets_netHistorical Data
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | Q4 '26 | |
|---|---|---|---|---|---|
| Value | $14.10M | $15.80M | $15.60M | $19.90M | $25.30M |
| QoQ Change | — | +12.1% | -1.3% | +27.6% | +27.1% |
| YoY Change | — | +12.1% | -1.3% | +27.6% | +27.1% |
Contract Assets, Net at Other Companies
Frequently Asked Questions
- What is RBC Bearings's contract assets, net?
- RBC Bearings (RBC) reported contract assets, net of $25.30M in Q1 2026.
- How has RBC Bearings's contract assets, net changed year-over-year?
- RBC Bearings's contract assets, net increased by 27.1% year-over-year, from $19.90M to $25.30M.
- What is the long-term trend for RBC Bearings's contract assets, net?
- Over 5 years (2021 to 2026), RBC Bearings's contract assets, net has grown at a 22.2% compound annual growth rate (CAGR), from $9.27M to $25.30M.
- What does contract assets, net mean?
- The value of work completed for customers for which the company has not yet billed or received payment.