Current Assets

Contract Assets

York Space Systems Contract Assets increased by 25.7% to $96.57M in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026May 15, 2026

How to read this metric

A growing balance may indicate strong project progress, but excessive growth relative to revenue could signal potential billing or collection bottlenecks.

Detailed definition

Contract assets represent the company's right to consideration for work completed under a contract that has not yet been...

Peer comparison

Standard for firms using percentage-of-completion accounting; peers in construction often carry significant contract asset balances.

Metric ID: contract_assets

Historical Data

2 periods
 Q4 '25Q1 '26
Value$76.81M$96.57M
QoQ Change+25.7%
Range$76.81M$96.57M

Frequently Asked Questions

What is York Space Systems 's contract assets?
York Space Systems (YSS) reported contract assets of $96.57M in Q1 2026.
What does contract assets mean?
Revenue earned from projects that has not yet been invoiced to the customer.