Revenue

Revenue Recognized from Contract Liabilities

West Pharmaceutical Services Revenue Recognized from Contract Liabilities 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
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026Apr 23, 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

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '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 Liabilities at Other Companies

Frequently Asked Questions

What is West Pharmaceutical Services's revenue recognized from contract liabilities?
West Pharmaceutical Services (WST) reported revenue recognized from contract liabilities of $23.10M in Q1 2026.
How has West Pharmaceutical Services's revenue recognized from contract liabilities changed year-over-year?
West Pharmaceutical Services's revenue recognized from contract liabilities increased by 26.2% year-over-year, from $18.30M to $23.10M.
What does revenue recognized from contract liabilities mean?
Revenue recognized this period that was previously held as deferred revenue.