HP Contract with Customer, Liability increased by 3.1% to $3.30B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.0%, from $3.00B to $3.30B. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 7.8% 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| Q1 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.30B | $2.40B | $2.30B | $2.30B | $2.40B | $2.40B | $2.50B | $2.50B | $2.60B | $2.60B | $2.70B | $2.80B | $2.80B | $2.80B | $2.90B | $3.00B | $3.00B | $3.10B | $3.20B | $3.30B |
| QoQ Change | — | +4.3% | -4.2% | +0.0% | +4.3% | +0.0% | +4.2% | +0.0% | +4.0% | +0.0% | +3.8% | +3.7% | +0.0% | +0.0% | +3.6% | +3.4% | +0.0% | +3.3% | +3.2% | +3.1% |
| YoY Change | — | — | — | — | +4.3% | +0.0% | +8.7% | +8.7% | +8.3% | +8.3% | +8.0% | +12.0% | +7.7% | +7.7% | +7.4% | +7.1% | +7.1% | +10.7% | +10.3% | +10.0% |