IDEX Deferred revenue, net of current portion decreased by 6.4% to $20.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 42.1%, from $14.50M to $20.60M. Over 5 years (FY 2020 to FY 2025), Deferred revenue, net of current portion shows a downward trend with a -6.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals strong long-term contract growth and future revenue stability, while a decrease may indicate slowing long-term bookings.
This represents revenue that has been billed or collected from customers for services to be delivered beyond the next tw...
Common in SaaS and subscription-based service models; peers in the HCM and payroll space report this to show contract duration.
non_current_liabilities_contract_with_customer_liability_a5d23a| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $35.24M | $31.03M | $32.20M | $30.80M | $28.40M | $14.60M | $15.00M | $14.50M | $12.60M | $15.80M | $17.30M | $17.90M | $17.40M | $16.30M | $13.20M | $14.50M | $18.20M | $18.10M | $22.00M | $20.60M |
| QoQ Change | — | -12.0% | +3.8% | -4.3% | -7.8% | -48.6% | +2.7% | -3.3% | -13.1% | +25.4% | +9.5% | +3.5% | -2.8% | -6.3% | -19.0% | +9.8% | +25.5% | -0.5% | +21.5% | -6.4% |
| YoY Change | — | — | — | — | -19.4% | -52.9% | -53.4% | -52.9% | -55.6% | +8.2% | +15.3% | +23.4% | +38.1% | +3.2% | -23.7% | -19.0% | +4.6% | +11.0% | +66.7% | +42.1% |