Current Liabilities

Deferred Revenue

Corpay Deferred Revenue decreased by 3.3% to $7.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 143.3%, from $3.23B to $7.85B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 47.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 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

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.79B$1.51B$2.03B$2.29B$2.26B$2.40B$2.53B$2.76B$3.20B$3.27B$3.23B$4.14B$3.50B$8.12B$7.85B
QoQ Change-15.9%+35.0%+12.5%-0.9%+5.9%+5.7%+9.0%+16.0%+1.9%-1.2%+28.3%-15.5%+131.9%-3.3%
YoY Change-15.9%+59.3%+24.8%+20.9%+41.5%+36.2%+27.4%+49.9%+9.3%+148.6%+143.3%
Range$1.51B$8.12B
CAGR+52.6%
Avg YoY Growth+49.6%
Median YoY Growth+36.2%

Frequently Asked Questions

What is Corpay's deferred revenue?
Corpay (CPAY) reported deferred revenue of $7.85B in Q1 2026.
How has Corpay's deferred revenue changed year-over-year?
Corpay's deferred revenue increased by 143.3% year-over-year, from $3.23B to $7.85B.
What is the long-term trend for Corpay's deferred revenue?
Over 5 years (2020 to 2025), Corpay's deferred revenue has grown at a 47.2% compound annual growth rate (CAGR), from $1.18B to $8.12B.
What does deferred revenue mean?
Cash received from customers for work that has not yet been completed.