Deferred Revenue
PPL Deferred Revenue increased by 1.9% to $328.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $313.00M to $328.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
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.
deferred_revenue_currentHistorical Data
| Q4 '21 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $307.00M | $313.00M | $552.00M | $443.00M | $322.00M | $328.00M |
| QoQ Change | — | +2.0% | +76.4% | -19.7% | -27.3% | +1.9% |
| YoY Change | — | — | +79.8% | — | — | +4.8% |
Business Segments
| Segment | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|
| Corporate and Other | $48.00M | $46.00M | $38.00M | $42.00M | $41.00M | $41.00M | $30.00M | $27.00M |
| Total | — | $307.00M | — | — | $313.00M | $552.00M | $443.00M | $322.00M |
Corporate and Other was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is PPL's deferred revenue?
- PPL (PPL) reported deferred revenue of $328.00M in Q3 2023.
- How has PPL's deferred revenue changed year-over-year?
- PPL's deferred revenue increased by 4.8% year-over-year, from $313.00M to $328.00M.
- What does deferred revenue mean?
- Cash received from customers for work that has not yet been completed.