Current Assets
Contract Assets
TTM Technologies Contract Assets increased by 9.6% to $513.03M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.6%, from $378.22M to $513.03M. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 11.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026May 1, 2026
How to read this metric
An increase often signals strong project progress, but excessive growth may indicate delays in the billing or milestone achievement process.
Detailed definition
This reflects the company's right to consideration for goods or services transferred to a customer when that right is co...
Peer comparison
Common in aerospace and defense-linked manufacturing; peers with long-cycle contracts will show similar patterns.
Metric ID:
contract_assetsHistorical Data
20 periods
| Q2 '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 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $300.7M | $325.77M | $324.86M | $318.71M | $376.37M | $363.6M | $335.79M | $316.05M | $312.53M | $304.28M | $292.05M | $320.51M | $340.12M | $362.67M | $381.38M | $378.22M | $424.97M | $446.97M | $468.01M | $513.03M |
| QoQ Change | — | +8.3% | -0.3% | -1.9% | +18.1% | -3.4% | -7.7% | -5.9% | -1.1% | -2.6% | -4.0% | +9.7% | +6.1% | +6.6% | +5.2% | -0.8% | +12.4% | +5.2% | +4.7% | +9.6% |
| YoY Change | — | — | — | — | +25.2% | +11.6% | +3.4% | -0.8% | -17.0% | -16.3% | -13.0% | +1.4% | +8.8% | +19.2% | +30.6% | +18.0% | +24.9% | +23.2% | +22.7% | +35.6% |
Range$292.05M – $513.03M
CAGR+11.9%
Avg YoY Growth+11.1%
Median YoY Growth+14.8%
Current Streak4 quarters growth
Contract Assets at Other Companies
Frequently Asked Questions
- What is TTM Technologies's contract assets?
- TTM Technologies (TTMI) reported contract assets of $513.03M in Q1 2026.
- How has TTM Technologies's contract assets changed year-over-year?
- TTM Technologies's contract assets increased by 35.6% year-over-year, from $378.22M to $513.03M.
- What is the long-term trend for TTM Technologies's contract assets?
- Over 5 years (2020 to 2025), TTM Technologies's contract assets has grown at a 11.4% compound annual growth rate (CAGR), from $273.26M to $468.01M.
- What does contract assets mean?
- Revenue recognized for work completed but not yet billed to the customer.