Discontinued — last reported Q4 '25

Current Liabilities

Contract Liabilities

Zoetis Contract Liabilities increased by 31.3% to $21.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.5%, from $17.00M to $21.00M. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows an upward trend with a 4.2% 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 2018
Last reportedQ4 2025

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

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$12.00M$12.00M$14.00M$14.00M$16.00M$14.00M$14.00M$15.00M$13.00M$11.00M$13.00M$18.00M$21.00M$18.00M$17.00M$19.00M$18.00M$16.00M$21.00M
QoQ Change+0.0%+16.7%+0.0%+14.3%-12.5%+0.0%+7.1%-13.3%-15.4%+18.2%+38.5%+16.7%-14.3%-5.6%+11.8%-5.3%-11.1%+31.3%
YoY Change+33.3%+16.7%+0.0%+7.1%-18.8%-21.4%-7.1%+20.0%+61.5%+63.6%+30.8%+5.6%-14.3%-11.1%+23.5%
Range$11.00M$21.00M
CAGR+13.2%
Avg YoY Growth+12.6%
Median YoY Growth+7.1%

Contract Liabilities at Other Companies

Frequently Asked Questions

What is Zoetis's contract liabilities?
Zoetis (ZTS) reported contract liabilities of $21.00M in Q1 2026.
How has Zoetis's contract liabilities changed year-over-year?
Zoetis's contract liabilities increased by 23.5% year-over-year, from $17.00M to $21.00M.
What is the long-term trend for Zoetis's contract liabilities?
Over 5 years (2020 to 2025), Zoetis's contract liabilities has grown at a 4.2% compound annual growth rate (CAGR), from $13.00M to $16.00M.
What does contract liabilities mean?
Money received from customers for products or services that have not yet been delivered.