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Weatherford International WFRD Contract Assets
Contract Assets at other companies
Other financials
Where this comes from
Reported directly by Weatherford International in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The source filing: Weatherford International’s 10-Q, filed July 22, 2026.
- Filed
- Jul 22, 2026, 4:30 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001603923-26-000085
| (Dollars in millions) | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Receivables for Products and Services in Accounts Receivable, Net | $1,083 | $1,209 |
| Receivables for Equipment Rentals in Account Receivable, Net | $21 | $25 |
| Accounts Receivable, Net | $1,104 | $1,234 |
| Contract Assets in Other Current Assets | $85 | $71 |
| Contract Assets in Other Non-Current Assets | $30 | $32 |
| Contract Liabilities in Other Current Liabilities | $60 | $48 |
| Contract Liabilities in Other Non-Current Liabilities | $2 | $2 |
Item 1. Financial Statements.
FAQ
- What is Weatherford International's contract assets?
- Weatherford International (WFRD) reported contract assets of $85M in Q2 2026.
- How has Weatherford International's contract assets changed year-over-year?
- Weatherford International's contract assets increased by 70.0% year-over-year, from $50M to $85M.
- What is the long-term trend for Weatherford International's contract assets?
- Over 4 years (2021 to 2025), Weatherford International's contract assets has grown at a 10.9% compound annual growth rate (CAGR), from $47M to $71M.
- 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.
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