Other

Contract with Customer, Liability

Cummins Contract with Customer, Liability increased by 1.5% to $2.72B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.5%, from $2.32B to $2.72B. Over 4 years (FY 2020 to FY 2024), Contract with Customer, Liability shows an upward trend with a 12.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase often signals strong future revenue visibility, while a decrease may indicate the fulfillment of service obligations.

Detailed definition

This represents the obligation to transfer services to a customer for which the entity has received consideration or for...

Peer comparison

Common in businesses with subscription or recurring service models where upfront payments are standard.

Metric ID: other_contract_with_customer_liability

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$1.63B$1.64B$1.71B$1.76B$1.72B$1.79B$1.85B$1.98B$1.96B$2.04B$2.19B$2.30B$2.36B$2.32B$2.41B$2.56B$2.68B$2.72B
QoQ Change+0.6%+3.8%+3.2%-2.1%+3.8%+3.4%+7.0%-1.1%+4.3%+7.2%+5.1%+2.6%-1.8%+4.2%+6.1%+4.7%+1.5%
YoY Change+5.5%+8.9%+8.4%+12.3%+13.5%+14.1%+18.3%+16.2%+20.5%+13.5%+10.3%+11.4%+13.7%+17.5%
Range$1.63B$2.72B
CAGR+12.7%
Avg YoY Growth+13.1%
Median YoY Growth+13.5%
Current Streak4 quarters growth

Contract with Customer, Liability at Other Companies

Frequently Asked Questions

What is Cummins's contract with customer, liability?
Cummins (CMI) reported contract with customer, liability of $2.72B in Q3 2025.
How has Cummins's contract with customer, liability changed year-over-year?
Cummins's contract with customer, liability increased by 17.5% year-over-year, from $2.32B to $2.72B.
What is the long-term trend for Cummins's contract with customer, liability?
Over 4 years (2020 to 2024), Cummins's contract with customer, liability has grown at a 12.0% compound annual growth rate (CAGR), from $1.53B to $2.41B.
What does contract with customer, liability mean?
Payments received from customers for services that have not yet been delivered.