Current Liabilities

Deferred Revenue

Waste Connections Deferred Revenue increased by 2.1% to $424.84M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $404.38M to $424.84M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 12.2% 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 reportedQ3 2018
Last reportedQ4 2025

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.

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$250.25M$254.14M$273.72M$293.73M$305.72M$306.02M$325.00M$336.61M$341.41M$342.73M$355.20M$370.38M$375.63M$377.48M$382.50M$404.38M$412.42M$411.58M$416.03M$424.84M
QoQ Change+1.6%+7.7%+7.3%+4.1%+0.1%+6.2%+3.6%+1.4%+0.4%+3.6%+4.3%+1.4%+0.5%+1.3%+5.7%+2.0%-0.2%+1.1%+2.1%
YoY Change+22.2%+20.4%+18.7%+14.6%+11.7%+12.0%+9.3%+10.0%+10.0%+10.1%+7.7%+9.2%+9.8%+9.0%+8.8%+5.1%
Range$250.25M$424.84M
CAGR+11.8%
Avg YoY Growth+11.8%
Median YoY Growth+10.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Waste Connections's deferred revenue?
Waste Connections (WCN) reported deferred revenue of $424.84M in Q1 2026.
How has Waste Connections's deferred revenue changed year-over-year?
Waste Connections's deferred revenue increased by 5.1% year-over-year, from $404.38M to $424.84M.
What is the long-term trend for Waste Connections's deferred revenue?
Over 5 years (2020 to 2025), Waste Connections's deferred revenue has grown at a 12.2% compound annual growth rate (CAGR), from $233.60M to $416.03M.
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.