Applied Materials Contract with Customer, Liability increased by 4.0% to $2.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $2.49B to $2.57B. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 14.2% 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| Q2 '21 | 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 | $1.71B | $1.69B | $2.08B | $2.40B | $2.59B | $2.83B | $3.14B | $3.08B | $3.37B | $3.50B | $2.98B | $3.15B | $2.61B | $2.74B | $2.85B | $2.45B | $2.49B | $2.47B | $2.57B | $2.47B | $2.57B |
| QoQ Change | — | -1.1% | +23.0% | +15.5% | +8.1% | +9.2% | +11.1% | -1.9% | +9.4% | +3.7% | -14.9% | +5.8% | -17.0% | +5.0% | +3.9% | -13.9% | +1.6% | -0.8% | +3.9% | -3.7% | +4.0% |
| YoY Change | — | — | — | — | +51.8% | +67.5% | +51.3% | +28.6% | +30.2% | +23.7% | -5.3% | +2.1% | -22.6% | -21.6% | -4.2% | -22.1% | -4.6% | -9.9% | -9.9% | +0.8% | +3.2% |