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Xylem XYL Contract Assets
Contract Assets at other companies
Other financials
Where this comes from
Reported directly by Xylem in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetGross.
The source filing: Xylem’s 10-Q, filed July 28, 2026.
- Filed
- Jul 28, 2026, 11:53 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001524472-26-000110
| (in millions) | Contract Assets (a) | Contract Liabilities |
|---|---|---|
| Revenue recognized from opening balance | — | (182) |
| Billings transferred to accounts receivable | (184) | — |
| Foreign currency and other | (22) | (10) |
| Balance at June 30, 2026 | $585 | $272 |
| Balance at January 1, 2025 | $303 | $322 |
| Additions, net | 230 | 214 |
| Revenue recognized from opening balance | — | (227) |
| Billings transferred to accounts receivable | (156) | — |
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FAQ
- What is Xylem's contract assets?
- Xylem (XYL) reported contract assets of $585M in Q2 2026.
- How has Xylem's contract assets changed year-over-year?
- Xylem's contract assets increased by 52.7% year-over-year, from $383M to $585M.
- What is the long-term trend for Xylem's contract assets?
- Over 5 years (2020 to 2025), Xylem's contract assets has grown at a 32.5% compound annual growth rate (CAGR), from $125M to $510M.
- 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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