Cadence Design Systems Deferred revenue, net of current portion decreased by 6.0% to $146.57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.4%, from $110.70M to $146.57M. Over 5 years (FY 2020 to FY 2025), Deferred revenue, net of current portion shows an upward trend with a 7.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests strong long-term bookings and future revenue growth, while a decrease may indicate a slowdown in long-term contract renewals.
This represents the portion of deferred revenue that is expected to be recognized as revenue beyond the next twelve mont...
Common in SaaS and software companies; peers typically show growth in this metric as they scale enterprise subscriptions.
non_current_liabilities_contract_with_customer_liability_a5d23a| 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 | $98.41M | $95.99M | $101.15M | $106.84M | $114.57M | $102.17M | $91.52M | $102.52M | $96.65M | $100.61M | $98.93M | $87.00M | $88.82M | $102.44M | $115.17M | $110.70M | $154.45M | $130.06M | $156.00M | $146.57M |
| QoQ Change | — | -2.5% | +5.4% | +5.6% | +7.2% | -10.8% | -10.4% | +12.0% | -5.7% | +4.1% | -1.7% | -12.1% | +2.1% | +15.3% | +12.4% | -3.9% | +39.5% | -15.8% | +19.9% | -6.0% |
| YoY Change | — | — | — | — | +16.4% | +6.4% | -9.5% | -4.0% | -15.6% | -1.5% | +8.1% | -15.1% | -8.1% | +1.8% | +16.4% | +27.2% | +73.9% | +27.0% | +35.5% | +32.4% |