Contract Liabilities
Medtronic Contract Liabilities increased by 3.8% to $468.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.3%, from $462.00M to $468.00M. Over 4 years (FY 2021 to FY 2025), Contract Liabilities shows an upward trend with a 4.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $375.00M | $365.00M | $392.00M | $399.00M | $391.00M | $380.00M | $403.00M | $405.00M | $425.00M | $435.00M | $447.00M | $453.00M | $461.00M | $467.00M | $462.00M | $446.00M | $442.00M | $451.00M | $468.00M |
| QoQ Change | — | -2.7% | +7.4% | +1.8% | -2.0% | -2.8% | +6.1% | +0.5% | +4.9% | +2.4% | +2.8% | +1.3% | +1.8% | +1.3% | -1.1% | -3.5% | -0.9% | +2.0% | +3.8% |
| YoY Change | — | — | — | — | +4.3% | +4.1% | +2.8% | +1.5% | +8.7% | +14.5% | +10.9% | +11.9% | +8.5% | +7.4% | +3.4% | -1.5% | -4.1% | -3.4% | +1.3% |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Medtronic's contract liabilities?
- Medtronic (MDT) reported contract liabilities of $468.00M in Q4 2025.
- How has Medtronic's contract liabilities changed year-over-year?
- Medtronic's contract liabilities increased by 1.3% year-over-year, from $462.00M to $468.00M.
- What is the long-term trend for Medtronic's contract liabilities?
- Over 4 years (2021 to 2025), Medtronic's contract liabilities has grown at a 4.9% compound annual growth rate (CAGR), from $368.00M to $446.00M.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.