Discontinued — last reported Q4 '23
Hubbell Contract Liabilities and Refund Liability remained flat by 0.0% to $20.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $19.80M to $20.50M. Over 5 years (FY 2020 to FY 2025), Contract Liabilities and Refund Liability shows an upward trend with a 3.3% CAGR.
An increase in refund liability may signal quality issues, while an increase in contract liabilities indicates future service obligations.
This encompasses obligations to customers for undelivered goods or services and the estimated liability for potential pr...
Standard accounting requirement under revenue recognition standards for companies with complex sales contracts.
contract_liabilities_and_refund_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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $17.60M | $18.70M | $16.70M | $15.80M | $15.30M | $14.70M | $14.80M | $15.70M | $17.50M | $19.50M | $18.10M | $18.90M | $19.90M | $20.30M | $20.10M | $19.80M | $19.80M | $20.20M | $20.50M | $20.50M |
| QoQ Change | — | +6.3% | -10.7% | -5.4% | -3.2% | -3.9% | +0.7% | +6.1% | +11.5% | +11.4% | -7.2% | +4.4% | +5.3% | +2.0% | -1.0% | -1.5% | +0.0% | +2.0% | +1.5% | +0.0% |
| YoY Change | — | — | — | — | -13.1% | -21.4% | -11.4% | -0.6% | +14.4% | +32.7% | +22.3% | +20.4% | +13.7% | +4.1% | +11.0% | +4.8% | -0.5% | -0.5% | +2.0% | +3.5% |