Current Liabilities

Deferred Revenue

American Tower Deferred Revenue increased by 41.5% to $459.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $450.50M to $459.90M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows a downward trend with a -3.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026Apr 28, 2026

How to read this metric

An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.

Detailed definition

This represents payments received from customers for goods or services that have not yet been delivered or performed. It...

Peer comparison

Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.

Metric ID: deferred_revenue_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$549.70M$1.45B$1.20B$1.02B$729.40M$529.80M$439.70M$554.20M$515.70M$472.50M$433.80M$544.20M$391.70M$496.20M$329.20M$450.50M$419.70M$437.60M$325.00M$459.90M
QoQ Change+163.5%-16.9%-15.6%-28.2%-27.4%-17.0%+26.0%-6.9%-8.4%-8.2%+25.4%-28.0%+26.7%-33.7%+36.8%-6.8%+4.3%-25.7%+41.5%
YoY Change+32.7%-63.4%-63.5%-45.4%-29.3%-10.8%-1.3%-1.8%-24.0%+5.0%-24.1%-17.2%+7.1%-11.8%-1.3%+2.1%
Range$325.00M$1.45B
CAGR-3.7%
Avg YoY Growth-15.4%
Median YoY Growth-11.3%

Frequently Asked Questions

What is American Tower's deferred revenue?
American Tower (AMT) reported deferred revenue of $459.90M in Q1 2026.
How has American Tower's deferred revenue changed year-over-year?
American Tower's deferred revenue increased by 2.1% year-over-year, from $450.50M to $459.90M.
What is the long-term trend for American Tower's deferred revenue?
Over 5 years (2020 to 2025), American Tower's deferred revenue has grown at a -3.6% compound annual growth rate (CAGR), from $390.60M to $325.00M.
What does deferred revenue mean?
Cash received from customers for work that has not yet been completed.