Contract Liabilities
Intuit Contract Liabilities decreased by 33.3% to $2.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $3.00M to $2.00M. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows a downward trend with a -19.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
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.
contract_liabilitiesHistorical Data
| 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 | $7.00M | $8.00M | $6.00M | $5.00M | $6.00M | $6.00M | $5.00M | $4.00M | $4.00M | $5.00M | $4.00M | $3.00M | $4.00M | $4.00M | $3.00M | $3.00M | $3.00M | $4.00M | $3.00M | $2.00M |
| QoQ Change | — | +14.3% | -25.0% | -16.7% | +20.0% | +0.0% | -16.7% | -20.0% | +0.0% | +25.0% | -20.0% | -25.0% | +33.3% | +0.0% | -25.0% | +0.0% | +0.0% | +33.3% | -25.0% | -33.3% |
| YoY Change | — | — | — | — | -14.3% | -25.0% | -16.7% | -20.0% | -33.3% | -16.7% | -20.0% | -25.0% | +0.0% | -20.0% | -25.0% | +0.0% | -25.0% | +0.0% | +0.0% | -33.3% |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Intuit's contract liabilities?
- Intuit (INTU) reported contract liabilities of $2.00M in Q1 2026.
- How has Intuit's contract liabilities changed year-over-year?
- Intuit's contract liabilities decreased by 33.3% year-over-year, from $3.00M to $2.00M.
- What is the long-term trend for Intuit's contract liabilities?
- Over 5 years (2020 to 2025), Intuit's contract liabilities has grown at a -19.7% compound annual growth rate (CAGR), from $9.00M to $3.00M.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.