Other

Contract with Customer, Liability

Verizon Communications Contract with Customer, Liability increased by 4.2% to $10.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.3%, from $9.72B to $10.43B. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 12.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.

Detailed definition

This represents the obligation to transfer services to a customer for which the entity has received consideration or for...

Peer comparison

Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.

Metric ID: other_contract_with_customer_liability

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.85B$6.03B$7.23B$7.50B$7.71B$7.95B$8.23B$8.42B$8.47B$8.63B$8.90B$9.09B$9.04B$9.10B$9.68B$9.72B$9.78B$9.74B$10.01B$10.43B
QoQ Change+3.2%+19.8%+3.8%+2.7%+3.2%+3.5%+2.3%+0.5%+1.9%+3.2%+2.1%-0.5%+0.7%+6.3%+0.4%+0.7%-0.4%+2.8%+4.2%
YoY Change+31.8%+31.8%+13.9%+12.2%+9.9%+8.5%+8.1%+7.9%+6.8%+5.5%+8.7%+6.9%+8.2%+7.0%+3.4%+7.3%
Range$5.85B$10.43B
CAGR+13.0%
Avg YoY Growth+11.1%
Median YoY Growth+8.1%
Current Streak2 quarters growth

Product Breakdown

View all
SegmentQ4 '25
Product Trade-in$332.00M
Total$10.01B

Contract with Customer, Liability at Other Companies

Frequently Asked Questions

What is Verizon Communications's contract with customer, liability?
Verizon Communications (VZ) reported contract with customer, liability of $10.43B in Q1 2026.
How has Verizon Communications's contract with customer, liability changed year-over-year?
Verizon Communications's contract with customer, liability increased by 7.3% year-over-year, from $9.72B to $10.43B.
What is the long-term trend for Verizon Communications's contract with customer, liability?
Over 5 years (2020 to 2025), Verizon Communications's contract with customer, liability has grown at a 12.3% compound annual growth rate (CAGR), from $5.60B to $10.01B.
What does contract with customer, liability mean?
The value of services owed to customers for which payment has already been received.