nVent Electric plc Contract with Customer, Liability decreased by 6.4% to $165.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 583.9%, from $24.20M to $165.50M. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 73.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase often signals strong future revenue visibility, while a decrease may indicate the fulfillment of service obligations.
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Common in businesses with subscription or recurring service models where upfront payments are standard.
other_contract_with_customer_liability| 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 | $14.40M | $18.40M | $17.80M | $18.60M | $20.60M | $26.20M | $3.00M | $26.60M | $23.40M | $18.70M | $8.00M | $25.40M | $19.20M | $22.60M | $22.50M | $24.20M | $144.50M | $173.00M | $176.80M | $165.50M |
| QoQ Change | — | +27.8% | -3.3% | +4.5% | +10.8% | +27.2% | -88.5% | +786.7% | -12.0% | -20.1% | -57.2% | +217.5% | -24.4% | +17.7% | -0.4% | +7.6% | +497.1% | +19.7% | +2.2% | -6.4% |
| YoY Change | — | — | — | — | +43.1% | +42.4% | -83.1% | +43.0% | +13.6% | -28.6% | +166.7% | -4.5% | -17.9% | +20.9% | +181.3% | -4.7% | +652.6% | +665.5% | +685.8% | +583.9% |