Revenue

Revenue Recognized from Contract Liabilities

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.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2026Mar 20, 2026

How to read this metric

Consistent recognition of deferred revenue indicates a healthy pipeline of service delivery and stable business operations.

Detailed definition

This metric tracks the portion of revenue recognized during the period that was previously recorded as deferred revenue...

Peer comparison

Commonly analyzed for SaaS and subscription-based business models.

Metric ID: isrg_contract_liability_revenue_recognized

Historical Data

14 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '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

View all
SegmentQ3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '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 Liabilities at Other Companies

Frequently Asked Questions

What is Veeva Systems's revenue recognized from contract liabilities?
Veeva Systems (VEEV) reported revenue recognized from contract liabilities of $136.00M in Q4 2025.
How has Veeva Systems's revenue recognized from contract liabilities changed year-over-year?
Veeva Systems's revenue recognized from contract liabilities 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 liabilities?
Over 2 years (2023 to 2026), Veeva Systems's revenue recognized from contract liabilities has grown at a 59.0% compound annual growth rate (CAGR), from $708.00M to $1.79B.
What does revenue recognized from contract liabilities mean?
Revenue recognized this period that was previously held as deferred revenue.