Current Liabilities

Deferred Revenue

Carrier Global Deferred Revenue increased by 4.5% to $722.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.2%, from $542.00M to $722.00M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 6.2% 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 reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.

Detailed definition

Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...

Peer comparison

High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.

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$576.00M$418.00M$415.00M$426.00M$444.00M$440.00M$449.00M$516.00M$483.00M$496.00M$425.00M$501.00M$493.00M$563.00M$553.00M$542.00M$549.00M$546.00M$691.00M$722.00M
QoQ Change-27.4%-0.7%+2.7%+4.2%-0.9%+2.0%+14.9%-6.4%+2.7%-14.3%+17.9%-1.6%+14.2%-1.8%-2.0%+1.3%-0.5%+26.6%+4.5%
YoY Change-22.9%+5.3%+8.2%+21.1%+8.8%+12.7%-5.3%-2.9%+2.1%+13.5%+30.1%+8.2%+11.4%-3.0%+25.0%+33.2%
Range$415.00M$722.00M
CAGR+4.9%
Avg YoY Growth+9.1%
Median YoY Growth+8.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Carrier Global's deferred revenue?
Carrier Global (CARR) reported deferred revenue of $722.00M in Q1 2026.
How has Carrier Global's deferred revenue changed year-over-year?
Carrier Global's deferred revenue increased by 33.2% year-over-year, from $542.00M to $722.00M.
What is the long-term trend for Carrier Global's deferred revenue?
Over 5 years (2020 to 2025), Carrier Global's deferred revenue has grown at a 6.2% compound annual growth rate (CAGR), from $512.00M to $691.00M.
What does deferred revenue mean?
Money collected from customers for products or services that haven't been delivered yet but will be within a year.