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Disaggregated Sales | 6 Months Ended
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Aug. 31, 2025
Revenues [Abstract] |
Disaggregated Sales | 5. Disaggregated Sales The following table presents disaggregated sales by customer industry (in thousands):
|  | Three Months Ended August 31, |  | Six Months Ended August 31,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Sales: |  |  |  |  |  |  |  |
Construction |  | $ | 233,824 |  |  | $ | 233,196 |  |  | $ | 467,733 |  |  | $ | 461,691 |
Industrial |  | 37,060 |  |  | 36,691 |  |  | 74,730 |  |  | 76,767 |
Consumer |  | 33,813 |  |  | 31,408 |  |  | 63,905 |  |  | 65,169 |
Transportation |  | 34,366 |  |  | 36,550 |  |  | 70,355 |  |  | 74,913 |
Utilities |  | 36,666 |  |  | 30,731 |  |  | 74,521 |  |  | 59,346 |
Other(1) |  | 41,546 |  |  | 40,431 |  |  | 87,993 |  |  | 84,329 |
Total sales |  | $ | 417,275 |  |  | $ | 409,007 |  |  | $ | 839,237 |  |  | $ | 822,215 |
(1) | Other includes less significant markets, such as non-construction agriculture, recreation, petro-chem, AZZ Tubular products and sales from recycling and other miscellaneous customer industries.
See also Note 7 for sales information by operating segment. Contract Assets and Liabilities The timing of revenue recognition, billings and cash collections results in accounts receivable, contract assets (unbilled receivables), and contract liabilities (customer advances and deposits) on the consolidated balance sheets. Our contract assets and contract liabilities are primarily related to the AZZ Precoat Metals segment. Customer billing can occur subsequent to revenue recognition, resulting in contract assets. In addition, we can receive advances from our customers before revenue is recognized, resulting in contract liabilities. These assets and liabilities are reported on the consolidated balance sheets on a contract-by-contract basis at the end of each reporting period. The increases or decreases in contract assets and contract liabilities during the six months ended August 31, 2025 were primarily due to normal timing differences between AZZ's performance and customer payments. As of August 31, 2025 and February 28, 2025, the balance for contract assets was $105.8 million and $106.5 million, respectively, primarily related to the AZZ Precoat Metals segment. The decrease was primarily due to the timing differences noted above. Contract liabilities of $0.7 million and $0.5 million as of August 31, 2025 and February 28, 2025, respectively, are included in "Other accrued liabilities" in the consolidated balance sheets. During the six months ended August 31, 2025, we recognized $0.5 million of revenue for amounts that were included in contract liabilities as of February 28, 2025. As of August 31, 2024 and February 29, 2024, the balance for contract assets was $94.0 million and $79.3 million, respectively, primarily related to the AZZ Precoat Metals segment. Contract liabilities were $0.7 million and $1.0 million as of August 31, 2024 and February 29, 2024, respectively.

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