Current Liabilities
Contract Liabilities
Lowe's Companies Contract Liabilities decreased by 1.1% to $1.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $1.27B to $1.25B. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows an upward trend with a 4.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026May 28, 2026
How to read this metric
An increase suggests strong future demand or growth in service-based contracts, while a decrease may signal a slowdown in pre-paid sales.
Detailed definition
This represents deferred revenue or obligations to provide goods or services to customers for which the company has alre...
Peer comparison
Retailers with strong installation or service programs often hold higher levels of contract liabilities.
Metric ID:
contract_liabilitiesHistorical Data
21 periods
| Q1 '21 | 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 | $1.05B | $1.1B | $1.12B | $1.13B | $1.14B | $1.17B | $1.18B | $1.2B | $1.21B | $1.23B | $1.23B | $1.23B | $1.23B | $1.26B | $1.26B | $1.27B | $1.27B | $1.28B | $1.27B | $1.26B | $1.25B |
| QoQ Change | — | +4.5% | +2.0% | +0.7% | +0.9% | +2.8% | +1.3% | +1.4% | +0.4% | +2.1% | -0.2% | -0.2% | +0.0% | +2.5% | +0.3% | +0.6% | -0.2% | +1.3% | -0.8% | -0.9% | -1.1% |
| YoY Change | — | — | — | — | +8.3% | +6.6% | +5.8% | +6.6% | +6.1% | +5.3% | +3.7% | +2.0% | +1.6% | +2.0% | +2.6% | +3.5% | +3.3% | +2.1% | +1.0% | -0.5% | -1.4% |
Range$1.05B – $1.28B
CAGR+3.5%
Avg YoY Growth+3.5%
Median YoY Growth+3.3%
Current Streak3 quarters decline
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Lowe's Companies's contract liabilities?
- Lowe's Companies (LOW) reported contract liabilities of $1.25B in Q1 2026.
- How has Lowe's Companies's contract liabilities changed year-over-year?
- Lowe's Companies's contract liabilities decreased by 1.4% year-over-year, from $1.27B to $1.25B.
- What is the long-term trend for Lowe's Companies's contract liabilities?
- Over 5 years (2020 to 2025), Lowe's Companies's contract liabilities has grown at a 4.4% compound annual growth rate (CAGR), from $1.02B to $1.26B.
- What does contract liabilities mean?
- Money received from customers for goods or services that have not yet been delivered.