Current Liabilities

Contract Liabilities

Sun Communities Contract Liabilities increased by 27.8% to $327.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from $327.30M to $327.00M. Over 5 years (FY 2021 to FY 2026), Contract Liabilities shows an upward trend with a 3.1% 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 2020
Last reportedQ4 2026Apr 28, 2026

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

21 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$280.30M$290.91M$223.47M$242.80M$335.10M$385.20M$294.20M$352.10M$433.80M$430.90M$372.70M$344.50M$480.40M$423.30M$382.40M$249.40M$327.30M$308.20M$308.30M$255.90M$327.00M
QoQ Change+3.8%-23.2%+8.6%+38.0%+15.0%-23.6%+19.7%+23.2%-0.7%-13.5%-7.6%+39.4%-11.9%-9.7%-34.8%+31.2%-5.8%+0.0%-17.0%+27.8%
YoY Change+19.6%+32.4%+31.7%+45.0%+29.5%+11.9%+26.7%-2.2%+10.7%-1.8%+2.6%-27.6%-31.9%-27.2%-19.4%+2.6%-0.1%
Range$223.47M$480.40M
CAGR+3.1%
Avg YoY Growth+6.0%
Median YoY Growth+2.6%

Frequently Asked Questions

What is Sun Communities's contract liabilities?
Sun Communities (SUI) reported contract liabilities of $327.00M in Q1 2026.
How has Sun Communities's contract liabilities changed year-over-year?
Sun Communities's contract liabilities decreased by 0.1% year-over-year, from $327.30M to $327.00M.
What is the long-term trend for Sun Communities's contract liabilities?
Over 5 years (2021 to 2026), Sun Communities's contract liabilities has grown at a 3.1% compound annual growth rate (CAGR), from $280.30M to $327.00M.
What does contract liabilities mean?
Money received from customers for products or services that have not yet been delivered.