Deferred Revenue
Waters Corporation Deferred Revenue increased by 95.1% to $520.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 52.9%, from $340.09M to $520.00M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 6.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical Data
| 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 | $284.77M | $262.76M | $227.56M | $315.09M | $282.34M | $248.88M | $227.91M | $306.87M | $324.67M | $275.94M | $256.68M | $336.72M | $316.93M | $294.88M | $250.81M | $340.09M | $333.85M | $301.34M | $266.54M | $520.00M |
| QoQ Change | — | -7.7% | -13.4% | +38.5% | -10.4% | -11.9% | -8.4% | +34.6% | +5.8% | -15.0% | -7.0% | +31.2% | -5.9% | -7.0% | -14.9% | +35.6% | -1.8% | -9.7% | -11.5% | +95.1% |
| YoY Change | — | — | — | — | -0.9% | -5.3% | +0.2% | -2.6% | +15.0% | +10.9% | +12.6% | +9.7% | -2.4% | +6.9% | -2.3% | +1.0% | +5.3% | +2.2% | +6.3% | +52.9% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Waters Corporation's deferred revenue?
- Waters Corporation (WAT) reported deferred revenue of $520.00M in Q1 2026.
- How has Waters Corporation's deferred revenue changed year-over-year?
- Waters Corporation's deferred revenue increased by 52.9% year-over-year, from $340.09M to $520.00M.
- What is the long-term trend for Waters Corporation's deferred revenue?
- Over 5 years (2020 to 2025), Waters Corporation's deferred revenue has grown at a 6.1% compound annual growth rate (CAGR), from $198.24M to $266.54M.
- What does deferred revenue mean?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.