Veeva Systems Revenue Recognized from Contract Liabilities 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 Liabilities shows an upward trend with a 59.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Consistent recognition of deferred revenue indicates a healthy pipeline of service delivery and stable business operations.
This metric tracks the portion of revenue recognized during the period that was previously recorded as deferred revenue...
Commonly analyzed for SaaS and subscription-based business models.
isrg_contract_liability_revenue_recognized| 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% |
| 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 |