Apple Contract with Customer, Liability increased by 2.8% to $14.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $13.60B to $14.70B. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 6.1% CAGR.
An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.
other_contract_with_customer_liability| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $12.00B | $11.90B | $12.40B | $12.50B | $12.20B | $12.40B | $12.60B | $12.50B | $12.20B | $12.10B | $12.50B | $12.60B | $12.50B | $12.80B | $13.20B | $13.60B | $13.60B | $13.70B | $14.30B | $14.70B |
| QoQ Change | — | -0.8% | +4.2% | +0.8% | -2.4% | +1.6% | +1.6% | -0.8% | -2.4% | -0.8% | +3.3% | +0.8% | -0.8% | +2.4% | +3.1% | +3.0% | +0.0% | +0.7% | +4.4% | +2.8% |
| YoY Change | — | — | — | — | +1.7% | +4.2% | +1.6% | +0.0% | +0.0% | -2.4% | -0.8% | +0.8% | +2.5% | +5.8% | +5.6% | +7.9% | +8.8% | +7.0% | +8.3% | +8.1% |