Discontinued — last reported Q3 '23

Current Assets

Contract Assets

ResMed Contract Assets decreased by 23.3% to $47.11M in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023

How to read this metric

An increase suggests strong project progress or service delivery ahead of billing cycles; a decrease may indicate slower project completion or faster billing.

Detailed definition

This represents the entity's right to consideration in exchange for goods or services that the entity has transferred to...

Peer comparison

Standard for companies with long-term service or construction-type contracts.

Metric ID: contract_assets

Historical Data

4 periods
 Q2 '25Q3 '25Q4 '25Q1 '26
Value$51.18M$51.15M$61.41M$47.11M
QoQ Change-0.1%+20.1%-23.3%
Range$47.11M$61.41M

Frequently Asked Questions

What is ResMed's contract assets?
ResMed (RMD) reported contract assets of $47.11M in Q1 2026.
What does contract assets mean?
Revenue earned for work performed but not yet billed to the customer.