Discontinued — last reported Q4 '22
Operating
Change in Deferred Revenue
Caterpillar Change in Deferred Revenue decreased by 23.9% to $284.00M in Q4 2025 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2022
How to read this metric
An increase signals strong future revenue potential and customer commitment, while a decrease indicates the fulfillment of prior obligations.
Detailed definition
Reflects the change in cash received from customers for goods or services that have not yet been delivered or earned. Th...
Peer comparison
Common in technology and equipment sectors with long lead-time contracts.
Metric ID:
cf_change_in_deferred_revenueHistorical Data
16 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$9.00M | -$10.00M | $311.00M | $203.00M | $237.00M | $17.00M | $365.00M | -$81.00M | $232.00M | $279.00M | $62.00M | $135.00M | $713.00M | $563.00M | $373.00M | $284.00M |
| QoQ Change | — | -11.1% | >999% | -34.7% | +16.7% | -92.8% | >999% | -122.2% | +386.4% | +20.3% | -77.8% | +117.7% | +428.1% | -21.0% | -33.7% | -23.9% |
| YoY Change | — | — | — | >999% | >999% | — | +17.4% | -139.9% | -2.1% | -23.6% | +176.5% | -41.8% | +155.6% | +808.1% | +176.3% | — |
Range-$81.00M – $713.00M
CAGR+151.0%
Avg YoY Growth+541.1%
Median YoY Growth+155.6%
Current Streak3 quarters decline
Change in Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Caterpillar's change in deferred revenue?
- Caterpillar (CAT) reported change in deferred revenue of $284.00M in Q4 2025.
- What does change in deferred revenue mean?
- The change in payments received from customers for work not yet completed.