Deferred Revenue
Cummins Deferred Revenue increased by 34.4% to $1.61B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.2%, from $1.35B to $1.61B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 18.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $969.00M | $978.00M | $855.00M | $1.02B | $1.02B | $1.01B | $1.00B | $1.03B | $1.02B | $1.02B | $1.22B | $1.07B | $1.09B | $1.10B | $1.35B | $1.16B | $1.17B | $1.20B | $1.61B |
| QoQ Change | — | +0.9% | -12.6% | +18.8% | +0.0% | -0.5% | -0.7% | +2.7% | -1.5% | +0.5% | +19.5% | -12.2% | +1.4% | +1.1% | +22.7% | -14.3% | +1.4% | +2.0% | +34.4% |
| YoY Change | — | — | — | — | +4.9% | +3.4% | +17.4% | +1.5% | +0.0% | +1.0% | +21.5% | +3.9% | +6.9% | +7.5% | +10.4% | +7.8% | +7.8% | +8.8% | +19.2% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Cummins's deferred revenue?
- Cummins (CMI) reported deferred revenue of $1.61B in Q4 2025.
- How has Cummins's deferred revenue changed year-over-year?
- Cummins's deferred revenue increased by 19.2% year-over-year, from $1.35B to $1.61B.
- What is the long-term trend for Cummins's deferred revenue?
- Over 5 years (2020 to 2025), Cummins's deferred revenue has grown at a 18.4% compound annual growth rate (CAGR), from $691.00M to $1.61B.
- 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.