Current Liabilities
Contract Liabilities
Sun Communities Contract Liabilities increased by 27.8% to $327M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from $327.3M to $327M. Over 5 years (FY 2021 to FY 2026), Contract Liabilities shows an upward trend with a 3.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ3 2020
Last reportedQ4 2026Apr 28, 2026
How to read this metric
An increase suggests strong future demand or advance bookings, while a decrease indicates the fulfillment of those obligations.
Detailed definition
Obligations to provide goods or services to customers for which the company has already received payment. This often inc...
Peer comparison
Common in businesses with seasonal or subscription-based revenue models like marinas or RV resorts.
Metric ID:
contract_liabilitiesHistorical Data
21 periods
| 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 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $280.3M | $290.91M | $223.47M | $242.8M | $335.1M | $385.2M | $294.2M | $352.1M | $433.8M | $430.9M | $372.7M | $344.5M | $480.4M | $423.3M | $382.4M | $249.4M | $327.3M | $308.2M | $308.3M | $255.9M | $327M |
| QoQ Change | — | +3.8% | -23.2% | +8.6% | +38.0% | +15.0% | -23.6% | +19.7% | +23.2% | -0.7% | -13.5% | -7.6% | +39.4% | -11.9% | -9.7% | -34.8% | +31.2% | -5.8% | +0.0% | -17.0% | +27.8% |
| YoY Change | — | — | — | — | +19.6% | +32.4% | +31.7% | +45.0% | +29.5% | +11.9% | +26.7% | -2.2% | +10.7% | -1.8% | +2.6% | -27.6% | -31.9% | -27.2% | -19.4% | +2.6% | -0.1% |
Range$223.47M – $480.4M
CAGR+3.1%
Avg YoY Growth+6.0%
Median YoY Growth+2.6%
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Sun Communities's contract liabilities?
- Sun Communities (SUI) reported contract liabilities of $327M in Q1 2026.
- How has Sun Communities's contract liabilities changed year-over-year?
- Sun Communities's contract liabilities decreased by 0.1% year-over-year, from $327.3M to $327M.
- What is the long-term trend for Sun Communities's contract liabilities?
- Over 5 years (2021 to 2026), Sun Communities's contract liabilities has grown at a 3.1% compound annual growth rate (CAGR), from $280.3M to $327M.
- What does contract liabilities mean?
- Money received from customers for services that have not yet been provided.