Contract Liabilities
Verizon Communications Contract Liabilities decreased by 0.4% to $9.74B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $9.10B to $9.74B. Over 4 years (FY 2020 to FY 2024), Contract Liabilities shows a downward trend with a -20.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
contract_liabilitiesHistorical Data
| Q2 '21 | Q3 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.85B | $6.03B | $7.23B | $7.50B | $1.40B | $1.48B | $8.23B | $1.73B | $1.77B | $1.78B | $1.95B | $9.09B | $9.04B | $9.10B | $2.19B | $9.72B | $9.78B | $9.74B |
| QoQ Change | — | +3.2% | +19.8% | +3.8% | -81.4% | +5.9% | +456.7% | -79.0% | +2.3% | +0.4% | +9.6% | +367.0% | -0.5% | +0.7% | -76.0% | +344.5% | +0.7% | -0.4% |
| YoY Change | — | — | — | — | -76.1% | -75.5% | +13.9% | -76.9% | +26.7% | +20.1% | -76.4% | +425.5% | +411.2% | +412.6% | +12.3% | +6.9% | +8.2% | +7.0% |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Verizon Communications's contract liabilities?
- Verizon Communications (VZ) reported contract liabilities of $9.74B in Q3 2025.
- How has Verizon Communications's contract liabilities changed year-over-year?
- Verizon Communications's contract liabilities increased by 7.0% year-over-year, from $9.10B to $9.74B.
- What is the long-term trend for Verizon Communications's contract liabilities?
- Over 4 years (2020 to 2024), Verizon Communications's contract liabilities has grown at a -20.9% compound annual growth rate (CAGR), from $5.60B to $2.19B.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.