Veeva Systems Change in Deferred Revenue increased by 338.1% to $679.17M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.7%, from $548.93M to $679.17M. Over 4 years (FY 2022 to FY 2026), Change in Deferred Revenue shows an upward trend with a 16.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates strong future demand and cash inflow, while a decrease suggests revenue recognition from previously collected cash.
This represents the net change in cash received from customers for goods or services that have not yet been delivered or...
Common in long-term contract businesses like LNG; peers with similar business models often show significant deferred revenue balances.
change_in_deferred_revenue| 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 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$8.18M | -$49.78M | -$141.08M | $315.19M | -$7.47M | -$40.00M | -$174.54M | $362.49M | -$1.22M | -$34.86M | -$192.04M | $416.28M | -$31.29M | -$72.36M | -$217.44M | $548.93M | -$41.36M | -$139.53M | -$285.23M | $679.17M |
| QoQ Change | — | -508.9% | -183.4% | +323.4% | -102.4% | -435.4% | -336.4% | +307.7% | -100.3% | <-999% | -450.8% | +316.8% | -107.5% | -131.2% | -200.5% | +352.5% | -107.5% | -237.3% | -104.4% | +338.1% |
| YoY Change | — | — | — | — | +8.6% | +19.7% | -23.7% | +15.0% | +83.7% | +12.8% | -10.0% | +14.8% | <-999% | -107.6% | -13.2% | +31.9% | -32.2% | -92.8% | -31.2% | +23.7% |