Current Liabilities

Deferred Revenue

Quanta Services Deferred Revenue increased by 17.9% to $3.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 78.5%, from $2.15B to $3.84B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 43.9% 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 2017
Last reportedQ1 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

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$503.22M$501.14M$802.87M$800.58M$751.33M$830.35M$1.14B$1.14B$1.13B$1.10B$1.54B$1.44B$1.48B$1.88B$2.15B$2.15B$2.14B$2.45B$3.26B$3.84B
QoQ Change-0.4%+60.2%-0.3%-6.2%+10.5%+37.5%+0.1%-1.2%-2.5%+39.8%-6.2%+2.8%+26.4%+14.6%+0.1%-0.6%+14.3%+33.2%+17.9%
YoY Change+49.3%+65.7%+42.2%+42.8%+50.2%+32.6%+34.8%+26.3%+31.4%+70.3%+39.7%+49.1%+44.3%+30.4%+51.6%+78.5%
Range$501.14M$3.84B
CAGR+53.4%
Avg YoY Growth+46.2%
Median YoY Growth+43.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Quanta Services's deferred revenue?
Quanta Services (PWR) reported deferred revenue of $3.84B in Q1 2026.
How has Quanta Services's deferred revenue changed year-over-year?
Quanta Services's deferred revenue increased by 78.5% year-over-year, from $2.15B to $3.84B.
What is the long-term trend for Quanta Services's deferred revenue?
Over 5 years (2020 to 2025), Quanta Services's deferred revenue has grown at a 43.9% compound annual growth rate (CAGR), from $528.86M to $3.26B.
What does deferred revenue mean?
Cash received from customers for work that has not yet been completed.