Veralto Contract with Customer, Liability increased by 15.3% to $331.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $285.00M to $331.00M. Over 3 years (FY 2022 to FY 2025), Contract with Customer, Liability shows an upward trend with a 11.7% 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| Q4 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $206.00M | $216.00M | $223.00M | $239.00M | $228.00M | $240.00M | $254.00M | $285.00M | $289.00M | $283.00M | $287.00M | $331.00M |
| QoQ Change | — | +4.9% | +3.2% | +7.2% | -4.6% | +5.3% | +5.8% | +12.2% | +1.4% | -2.1% | +1.4% | +15.3% |
| YoY Change | — | — | +8.3% | — | — | +11.1% | +13.9% | +19.2% | +26.8% | +17.9% | +13.0% | +16.1% |