Deferred Revenue
Air Products and Chemicals Deferred Revenue decreased by 1.0% to $247.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.6%, from $244.00M to $247.80M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows a downward trend with a -4.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
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 | $447.20M | $366.80M | $519.40M | $565.80M | $477.10M | $439.10M | $424.60M | $396.00M | $473.60M | $413.00M | $386.00M | $396.10M | $365.80M | $240.00M | $202.80M | $244.00M | $232.90M | $253.40M | $250.20M | $247.80M |
| QoQ Change | — | -18.0% | +41.6% | +8.9% | -15.7% | -8.0% | -3.3% | -6.7% | +19.6% | -12.8% | -6.5% | +2.6% | -7.6% | -34.4% | -15.5% | +20.3% | -4.5% | +8.8% | -1.3% | -1.0% |
| YoY Change | — | — | — | — | +6.7% | +19.7% | -18.3% | -30.0% | -0.7% | -5.9% | -9.1% | +0.0% | -22.8% | -41.9% | -47.5% | -38.4% | -36.3% | +5.6% | +23.4% | +1.6% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Air Products and Chemicals's deferred revenue?
- Air Products and Chemicals (APD) reported deferred revenue of $247.80M in Q1 2026.
- How has Air Products and Chemicals's deferred revenue changed year-over-year?
- Air Products and Chemicals's deferred revenue increased by 1.6% year-over-year, from $244.00M to $247.80M.
- What is the long-term trend for Air Products and Chemicals's deferred revenue?
- Over 5 years (2020 to 2025), Air Products and Chemicals's deferred revenue has grown at a -4.2% compound annual growth rate (CAGR), from $313.80M to $253.40M.
- 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.