Discontinued — last reported Q4 '25

Current Liabilities

Contract Liabilities

HP Contract Liabilities increased by 1.7% to $1.66B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.2%, from $1.52B to $1.66B. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows an upward trend with a 8.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2018
Last reportedQ4 2025

How to read this metric

An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.

Detailed definition

This represents the obligation to transfer goods or services to a customer for which the company has already received co...

Peer comparison

Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.

Metric ID: contract_liabilities

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.05B$1.04B$1.10B$1.12B$1.15B$1.11B$1.17B$1.19B$1.22B$1.27B$1.32B$1.37B$1.41B$1.47B$1.49B$1.52B$1.54B$1.59B$1.63B$1.66B
QoQ Change-0.9%+5.4%+1.8%+2.4%-3.1%+5.4%+1.4%+2.4%+4.6%+4.2%+3.7%+2.7%+4.5%+1.0%+2.2%+1.6%+2.8%+2.8%+1.7%
YoY Change+8.8%+6.5%+6.6%+6.1%+6.0%+14.4%+13.1%+15.7%+16.0%+15.9%+12.3%+10.6%+9.5%+7.8%+9.8%+9.2%
Range$1.04B$1.66B
CAGR+10.0%
Avg YoY Growth+10.5%
Median YoY Growth+9.6%
Current Streak14 quarters growth

Frequently Asked Questions

What is HP's contract liabilities?
HP (HPQ) reported contract liabilities of $1.66B in Q4 2025.
How has HP's contract liabilities changed year-over-year?
HP's contract liabilities increased by 9.2% year-over-year, from $1.52B to $1.66B.
What is the long-term trend for HP's contract liabilities?
Over 5 years (2020 to 2025), HP's contract liabilities has grown at a 8.8% compound annual growth rate (CAGR), from $1.07B to $1.63B.
What does contract liabilities mean?
Money received from customers for products or services that have not yet been delivered.