Discontinued — last reported Q3 '23

Current Assets

Contract Assets

Verizon Communications Contract Assets increased by 2.2% to $549.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.5%, from $569.00M to $549.00M. Over 3 years (FY 2021 to FY 2024), Contract Assets shows a downward trend with a -5.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

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

15 periods
 Q4 '21Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$739.00M$697.00M$692.00M$656.00M$580.00M$542.00M$541.00M$546.00M$541.00M$548.00M$569.00M$621.00M$559.00M$537.00M$549.00M
QoQ Change-5.7%-0.7%-5.2%-11.6%-6.6%-0.2%+0.9%-0.9%+1.3%+3.8%+9.1%-10.0%-3.9%+2.2%
YoY Change-11.2%-22.2%-21.8%-16.8%-6.7%+1.1%+5.2%+13.7%+3.3%-2.0%-3.5%
Range$537.00M$739.00M
CAGR-8.1%
Avg YoY Growth-5.5%
Median YoY Growth-3.5%

Frequently Asked Questions

What is Verizon Communications's contract assets?
Verizon Communications (VZ) reported contract assets of $549.00M in Q3 2025.
How has Verizon Communications's contract assets changed year-over-year?
Verizon Communications's contract assets decreased by 3.5% year-over-year, from $569.00M to $549.00M.
What is the long-term trend for Verizon Communications's contract assets?
Over 3 years (2021 to 2024), Verizon Communications's contract assets has grown at a -5.6% compound annual growth rate (CAGR), from $739.00M to $621.00M.
What does contract assets mean?
Revenue earned for work performed but not yet billed to the customer.

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