Current Liabilities

Deferred Revenue

KLA Corporation Deferred Revenue decreased by 17.8% to $1.20B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 86.6%, from $8.91B to $1.20B. 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 reportedQ1 2019
Last reportedQ3 2026Apr 30, 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
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Value$6.25B$8.35B$10.55B$13.65B$12.54B$11.94B$10.85B$10.65B$9.90B$10.04B$9.14B$8.91B$1.42B$1.46B$1.20B
QoQ Change+33.6%+26.3%+29.4%-8.1%-4.8%-9.1%-1.8%-7.0%+1.4%-9.0%-2.5%-84.0%+2.4%-17.8%
YoY Change+118.4%+50.2%+13.2%-20.5%-15.1%-17.1%-7.5%-14.2%-10.0%-85.8%-84.1%-86.6%
Range$1.20B$13.65B
CAGR-37.6%
Avg YoY Growth-13.2%
Median YoY Growth-14.6%

Frequently Asked Questions

What is KLA Corporation's deferred revenue?
KLA Corporation (KLAC) reported deferred revenue of $1.20B in Q1 2026.
How has KLA Corporation's deferred revenue changed year-over-year?
KLA Corporation's deferred revenue decreased by 86.6% year-over-year, from $8.91B to $1.20B.
What does deferred revenue mean?
Cash received from customers for work that has not yet been completed.