Revenue

Revenue Recognized from Contract Liability

Caterpillar Revenue Recognized from Contract Liability remained flat by 0.0% to $473.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.0%, from $397.75M to $473.50M. Over 4 years (FY 2021 to FY 2025), Revenue Recognized from Contract Liability shows an upward trend with a 20.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025Feb 13, 2026

How to read this metric

Consistent conversion of contract liabilities into revenue indicates healthy project execution and fulfillment of customer obligations.

Detailed definition

Revenue recognized during the current period that was previously recorded as a contract liability (deferred revenue) at...

Peer comparison

Common in industries with long-term contracts or subscription-based models.

Metric ID: anet_revenue_from_contract_liability

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$903.00M$902.00M$1.66B$1.59B$1.89B
YoY Change-0.1%+84.0%-4.2%+19.0%
Range$902.00M$1.89B
CAGR+20.3%
Avg YoY Growth+24.7%
Median YoY Growth+9.5%

Revenue Recognized from Contract Liability at Other Companies

Frequently Asked Questions

What is Caterpillar's revenue recognized from contract liability?
Caterpillar (CAT) reported revenue recognized from contract liability of $473.50M in Q4 2025.
How has Caterpillar's revenue recognized from contract liability changed year-over-year?
Caterpillar's revenue recognized from contract liability increased by 19.0% year-over-year, from $397.75M to $473.50M.
What is the long-term trend for Caterpillar's revenue recognized from contract liability?
Over 4 years (2021 to 2025), Caterpillar's revenue recognized from contract liability has grown at a 20.3% compound annual growth rate (CAGR), from $903.00M to $1.89B.
What does revenue recognized from contract liability mean?
Revenue earned this period that was paid for by customers in advance.