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.
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 | $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% |
| Segment | Q4 '25 |
|---|---|
| Product Trade-in | $332.00M |
| Total | $10.01B |