Current Liabilities
Deferred Revenue
Home Depot Deferred Revenue increased by 1.3% to $2.58B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.3%, from $2.61B to $2.58B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 6.3% 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 2014
Last reportedQ4 2025Mar 18, 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_currentHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.50B | $2.60B | $2.50B | $2.60B | $2.70B | $2.60B | $2.20B | $3.06B | $3.12B | $3.08B | $2.78B | $2.76B | $2.84B | $2.75B | $2.60B | $2.61B | $2.78B | $2.61B | $2.54B | $2.58B |
| QoQ Change | — | +4.0% | -3.8% | +4.0% | +3.8% | -3.7% | -15.4% | +39.3% | +1.8% | -1.3% | -9.6% | -0.8% | +2.9% | -3.1% | -5.8% | +0.6% | +6.5% | -6.3% | -2.4% | +1.3% |
| YoY Change | — | — | — | — | +8.0% | +0.0% | -12.0% | +17.8% | +15.5% | +18.4% | +26.5% | -9.9% | -8.9% | -10.6% | -6.8% | -5.5% | -2.2% | -5.4% | -2.0% | -1.3% |
Range$2.20B – $3.12B
CAGR+0.6%
Avg YoY Growth+1.4%
Median YoY Growth-2.1%
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Home Depot's deferred revenue?
- Home Depot (HD) reported deferred revenue of $2.58B in Q4 2025.
- How has Home Depot's deferred revenue changed year-over-year?
- Home Depot's deferred revenue decreased by 1.3% year-over-year, from $2.61B to $2.58B.
- What is the long-term trend for Home Depot's deferred revenue?
- Over 5 years (2020 to 2025), Home Depot's deferred revenue has grown at a 6.3% compound annual growth rate (CAGR), from $1.90B to $2.58B.
- What does deferred revenue mean?
- Cash received from customers for work that has not yet been completed.