What is State Street's device payment plan trade-in liability?

State Street (STT) reported device payment plan trade-in liability of $141.00M in Q1 2026.

How has State Street's device payment plan trade-in liability changed year-over-year?

State Street's device payment plan trade-in liability increased by 3.7% year-over-year, from $136.00M to $141.00M.

What is the long-term trend for State Street's device payment plan trade-in liability?

Over 5 years (2020 to 2025), State Street's device payment plan trade-in liability has grown at a 0.2% compound annual growth rate (CAGR), from $130.00M to $131.00M.

What does device payment plan trade-in liability mean?

The estimated value owed to customers for devices traded in under promotional programs.

Discontinued — last reported Q3 '18

Current Liabilities

Device Payment Plan Trade-in Liability

State Street Device Payment Plan Trade-in Liability increased by 7.6% to $141.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $136.00M to $141.00M. Over 5 years (FY 2020 to FY 2025), Device Payment Plan Trade-in Liability shows relatively stable performance with a 0.2% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ4 2017

Last reportedQ3 2018

How to read this metric

An increase suggests higher participation in trade-in programs, potentially indicating aggressive customer acquisition or upgrade cycles.

Detailed definition

This represents the estimated financial obligation to customers who have traded in devices as part of a promotional fina...

Peer comparison

Common in telecommunications and hardware-reliant consumer platforms; peers typically report this as a component of accrued liabilities.

Metric ID: device_payment_plan_trade_in_liability

Historical Data

15 periods

	Q4 '21	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	$138.00M	$138.00M	$138.00M	$150.00M	$135.00M	$133.00M	$135.00M	$151.00M	$143.00M	$144.00M	$136.00M	$163.00M	$131.00M	$131.00M	$141.00M
QoQ Change	—	+0.0%	+0.0%	+8.7%	-10.0%	-1.5%	+1.5%	+11.9%	-5.3%	+0.7%	-5.6%	+19.9%	-19.6%	+0.0%	+7.6%
YoY Change	—	+0.0%	—	—	—	-3.6%	-2.2%	+0.7%	+5.9%	+8.3%	+0.7%	+7.9%	-8.4%	-9.0%	+3.7%

Range$131.00M – $163.00M

CAGR+0.6%

Avg YoY Growth+0.4%

Median YoY Growth+0.7%

Current Streak2 quarters growth

Frequently Asked Questions

What is State Street's device payment plan trade-in liability?: State Street (STT) reported device payment plan trade-in liability of $141.00M in Q1 2026.
How has State Street's device payment plan trade-in liability changed year-over-year?: State Street's device payment plan trade-in liability increased by 3.7% year-over-year, from $136.00M to $141.00M.
What is the long-term trend for State Street's device payment plan trade-in liability?: Over 5 years (2020 to 2025), State Street's device payment plan trade-in liability has grown at a 0.2% compound annual growth rate (CAGR), from $130.00M to $131.00M.
What does device payment plan trade-in liability mean?: The estimated value owed to customers for devices traded in under promotional programs.