Other
Purchase Obligation
Ready Capital Purchase Obligation decreased by 11.3% to $501.74M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.0%, from $668.85M to $501.74M.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2024
Last reportedQ1 2026May 8, 2026
How to read this metric
High purchase obligations ensure supply security but reduce flexibility; low obligations may increase exposure to market price volatility.
Detailed definition
This metric represents legally binding, non-cancelable agreements to purchase goods or services in the future. It provid...
Peer comparison
Standard disclosure in the contractual obligations section of annual reports for large enterprises.
Metric ID:
purchase_obligationHistorical Data
5 periods
| Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|
| Value | $742.63M | $668.85M | $629.38M | $565.88M | $501.74M |
| QoQ Change | — | -9.9% | -5.9% | -10.1% | -11.3% |
| YoY Change | — | — | — | -23.8% | -25.0% |
Range$501.74M – $742.63M
CAGR-32.4%
Avg YoY Growth-24.4%
Median YoY Growth-24.4%
Current Streak4+ quarters decline
Purchase Obligation at Other Companies
Frequently Asked Questions
- What is Ready Capital's purchase obligation?
- Ready Capital (RC) reported purchase obligation of $501.74M in Q1 2026.
- How has Ready Capital's purchase obligation changed year-over-year?
- Ready Capital's purchase obligation decreased by 25.0% year-over-year, from $668.85M to $501.74M.
- What does purchase obligation mean?
- The total value of binding agreements to buy goods or services in the future.