Revenue
Revenue Recognized from Contract Liability
West Pharmaceutical Services Revenue Recognized from Contract Liability increased by 126.5% to $23.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.2%, from $18.30M to $23.10M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 23, 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
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.00M | $1.60M | $9.70M | $7.80M | $6.10M | $21.30M | $6.10M | $5.80M | $15.50M | $8.70M | $8.60M | $18.30M | $10.80M | $10.20M | $23.10M |
| QoQ Change | — | -85.5% | +506.3% | -19.6% | -21.8% | +249.2% | -71.4% | -4.9% | +167.2% | -43.9% | -1.1% | +112.8% | -41.0% | -5.6% | +126.5% |
| YoY Change | — | — | — | -29.1% | +281.3% | +119.6% | -21.8% | -4.9% | -27.2% | +42.6% | +48.3% | +18.1% | +24.1% | +18.6% | +26.2% |
Range$1.60M – $23.10M
CAGR+23.6%
Avg YoY Growth+41.3%
Median YoY Growth+21.4%
Revenue Recognized from Contract Liability at Other Companies
Frequently Asked Questions
- What is West Pharmaceutical Services's revenue recognized from contract liability?
- West Pharmaceutical Services (WST) reported revenue recognized from contract liability of $23.10M in Q1 2026.
- How has West Pharmaceutical Services's revenue recognized from contract liability changed year-over-year?
- West Pharmaceutical Services's revenue recognized from contract liability increased by 26.2% year-over-year, from $18.30M to $23.10M.
- What does revenue recognized from contract liability mean?
- Revenue earned this period that was paid for by customers in advance.