Operating
Deferred Revenue
Home Depot Deferred Revenue increased by 300.0% to $154.00M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 90.1%, from $81.00M to $154.00M. Over 3 years (FY 2021 to FY 2024), Deferred Revenue shows a downward trend with a -40.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2025May 28, 2025
How to read this metric
An increase indicates strong future demand and cash collection, while a decrease indicates the fulfillment of previously paid obligations.
Detailed definition
Represents the net change in payments received from customers for goods or services that have not yet been delivered or...
Peer comparison
Common in long-term contract businesses like LNG; peers with long-term take-or-pay contracts often show significant deferred revenue.
Metric ID:
operating_increase_decrease_in_deferred_revenueHistorical Data
17 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $586.00M | -$643.00M | -$356.00M | $1.19B | $79.00M | -$69.00M | -$286.00M | -$250.00M | $57.00M | -$88.00M | -$157.00M | -$130.00M | $81.00M | -$105.00M | -$64.00M | -$77.00M | $154.00M |
| QoQ Change | — | -209.7% | +44.6% | +433.7% | -93.4% | -187.3% | -314.5% | +12.6% | +122.8% | -254.4% | -78.4% | +17.2% | +162.3% | -229.6% | +39.0% | -20.3% | +300.0% |
| YoY Change | — | — | — | — | -86.5% | +89.3% | +19.7% | -121.0% | -27.8% | -27.5% | +45.1% | +48.0% | +42.1% | -19.3% | +59.2% | +40.8% | +90.1% |
Range-$643.00M – $1.19B
CAGR-28.4%
Avg YoY Growth+11.7%
Median YoY Growth+40.8%
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Home Depot's deferred revenue?
- Home Depot (HD) reported deferred revenue of $154.00M in Q1 2025.
- How has Home Depot's deferred revenue changed year-over-year?
- Home Depot's deferred revenue increased by 90.1% year-over-year, from $81.00M to $154.00M.
- What is the long-term trend for Home Depot's deferred revenue?
- Over 3 years (2021 to 2024), Home Depot's deferred revenue has grown at a -40.3% compound annual growth rate (CAGR), from $775.00M to -$165.00M.
- What does deferred revenue mean?
- The net change in cash received from customers for work not yet completed.