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 official record: Weatherford International’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Weatherford International's contract assets?
- Weatherford International (WFRD) reported contract assets of $70M in Q1 2026.
- How has Weatherford International's contract assets changed year-over-year?
- Weatherford International's contract assets increased by 62.8% year-over-year, from $43M to $70M.
- 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.