Intuitive Surgical Contract with Customer, Liability increased by 10.9% to $663.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.5%, from $559.90M to $663.50M. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 9.4% 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $392.00M | $383.50M | $414.00M | $424.40M | $413.70M | $395.60M | $438.30M | $462.50M | $450.60M | $437.30M | $491.70M | $487.70M | $477.40M | $485.60M | $522.90M | $559.90M | $571.70M | $570.50M | $598.10M | $663.50M |
| QoQ Change | — | -2.2% | +8.0% | +2.5% | -2.5% | -4.4% | +10.8% | +5.5% | -2.6% | -3.0% | +12.4% | -0.8% | -2.1% | +1.7% | +7.7% | +7.1% | +2.1% | -0.2% | +4.8% | +10.9% |
| YoY Change | — | — | — | — | +5.5% | +3.2% | +5.9% | +9.0% | +8.9% | +10.5% | +12.2% | +5.4% | +5.9% | +11.0% | +6.3% | +14.8% | +19.8% | +17.5% | +14.4% | +18.5% |