Current Liabilities

Deferred Revenue

Baker Hughes Deferred Revenue increased by 1.6% to $6.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.3%, from $5.59B to $6.00B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 11.3% 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 2015
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$3.47B$3.26B$3.23B$3.48B$3.29B$3.26B$3.82B$4.43B$5.10B$5.19B$5.54B$5.71B$5.51B$5.69B$5.67B$5.59B$5.68B$5.51B$5.90B$6.00B
QoQ Change-5.9%-1.0%+7.7%-5.5%-0.8%+17.2%+16.0%+15.0%+1.7%+6.8%+3.0%-3.6%+3.3%-0.2%-1.5%+1.6%-3.0%+7.1%+1.6%
YoY Change-5.1%-0.0%+18.3%+27.4%+55.1%+59.0%+45.0%+28.8%+7.9%+9.6%+2.3%-2.1%+3.2%-3.1%+4.1%+7.3%
Range$3.23B$6.00B
CAGR+12.2%
Avg YoY Growth+16.1%
Median YoY Growth+7.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Baker Hughes's deferred revenue?
Baker Hughes (BKR) reported deferred revenue of $6.00B in Q1 2026.
How has Baker Hughes's deferred revenue changed year-over-year?
Baker Hughes's deferred revenue increased by 7.3% year-over-year, from $5.59B to $6.00B.
What is the long-term trend for Baker Hughes's deferred revenue?
Over 5 years (2020 to 2025), Baker Hughes's deferred revenue has grown at a 11.3% compound annual growth rate (CAGR), from $3.45B to $5.90B.
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.