Contract Liabilities
ITT Contract Liabilities decreased by 6.4% to $4.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $4.40M to $4.40M. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows an upward trend with a 116.0% 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 | $4.40M | $4.40M | $4.40M | $4.40M | $4.40M | $4.40M | $4.40M | $4.40M | $4.40M | $4.40M | $4.50M | $4.50M | $4.50M | $4.40M | $4.40M | $4.40M | $4.40M | $4.40M | $4.70M | $4.40M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +2.3% | +0.0% | +0.0% | -2.2% | +0.0% | +0.0% | +0.0% | +0.0% | +6.8% | -6.4% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +2.3% | +2.3% | +2.3% | +0.0% | -2.2% | -2.2% | -2.2% | +0.0% | +6.8% | +0.0% |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is ITT's contract liabilities?
- ITT (ITT) reported contract liabilities of $4.40M in Q1 2026.
- How has ITT's contract liabilities changed year-over-year?
- ITT's contract liabilities decreased by 0.0% year-over-year, from $4.40M to $4.40M.
- What is the long-term trend for ITT's contract liabilities?
- Over 5 years (2020 to 2025), ITT's contract liabilities has grown at a 116.0% compound annual growth rate (CAGR), from $100.00K to $4.70M.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.