nVent Electric plc Increase (Decrease) In Contract With Customer, Asset And Liability increased by 2158.8% to $38.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2158.8%, from $1.70M to $38.40M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase in contract liabilities suggests strong future revenue recognition, while an increase in contract assets may signal delayed billing.
This represents the change in assets and liabilities arising from contracts with customers, such as deferred revenue or...
Common in companies with long-term service or project-based contracts.
operating_increase_decrease_in_contract_with_customer_as_aeeb21| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.18M | -$1.18M | -$1.18M | -$1.18M | $4.03M | $4.03M | $4.03M | $4.03M | $1.70M | $38.40M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +442.6% | +0.0% | +0.0% | +0.0% | -57.8% | >999% |
| YoY Change | — | — | — | — | +442.6% | +442.6% | +442.6% | +442.6% | -57.8% | >999% |