Revenue
Revenue Recognized from Contract Liability
Veeva Systems Revenue Recognized from Contract Liability decreased by 76.6% to $136.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.3%, from $114.00M to $136.00M. Over 2 years (FY 2023 to FY 2026), Revenue Recognized from Contract Liability shows an upward trend with a 59.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2026Mar 20, 2026
How to read this metric
Consistent conversion of contract liabilities into revenue indicates healthy project execution and fulfillment of customer obligations.
Detailed definition
Revenue recognized during the current period that was previously recorded as a contract liability (deferred revenue) at...
Peer comparison
Common in industries with long-term contracts or subscription-based models.
Metric ID:
anet_revenue_from_contract_liabilityHistorical Data
14 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $177.00M | $177.00M | $177.00M | $177.00M | $425.00M | $88.00M | $440.00M | $466.00M | $492.00M | $114.00M | $518.00M | $556.00M | $581.00M | $136.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +140.1% | -79.3% | +400.0% | +5.9% | +5.6% | -76.8% | +354.4% | +7.3% | +4.5% | -76.6% |
| YoY Change | — | — | — | — | +140.1% | -50.3% | — | — | +15.8% | +29.5% | +17.7% | +19.3% | +18.1% | +19.3% |
Range$88.00M – $581.00M
CAGR-7.8%
Avg YoY Growth+26.2%
Median YoY Growth+18.7%
Product Breakdown
| Segment | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 |
|---|---|---|---|---|---|---|---|---|
| Subscription services | $358.00M | $70.00M | $354.00M | $386.00M | $425.00M | $88.00M | $440.00M | $466.00M |
| Total | $177.00M | $177.00M | — | — | $425.00M | $88.00M | $440.00M | $466.00M |
Revenue Recognized from Contract Liability at Other Companies
Frequently Asked Questions
- What is Veeva Systems's revenue recognized from contract liability?
- Veeva Systems (VEEV) reported revenue recognized from contract liability of $136.00M in Q4 2025.
- How has Veeva Systems's revenue recognized from contract liability changed year-over-year?
- Veeva Systems's revenue recognized from contract liability increased by 19.3% year-over-year, from $114.00M to $136.00M.
- What is the long-term trend for Veeva Systems's revenue recognized from contract liability?
- Over 2 years (2023 to 2026), Veeva Systems's revenue recognized from contract liability has grown at a 59.0% compound annual growth rate (CAGR), from $708.00M to $1.79B.
- What does revenue recognized from contract liability mean?
- Revenue earned this period that was paid for by customers in advance.