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
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Higher values indicate successful delivery of services or products for which cash was previously received.

Detailed definition

Revenue recognized during the current period that was previously recorded as a contract liability (deferred revenue) at...

Peer comparison

Commonly disclosed in revenue recognition notes for companies with subscription or long-term contract models.

Metric ID: tmusz_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 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 recognized this period that was previously collected as deferred revenue.