Non-Current Liabilities
Deferred revenue, net of current portion
Cummins Deferred revenue, net of current portion decreased by 0.1% to $1.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $1.05B to $1.05B. Over 5 years (FY 2020 to FY 2025), Deferred revenue, net of current portion shows an upward trend with a 4.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase suggests strong long-term contract wins and future revenue stability, while a decrease may indicate the fulfillment of long-term projects.
Detailed definition
This represents the portion of deferred revenue or customer contract liabilities that will be satisfied beyond the one-y...
Peer comparison
Common in companies with long-term maintenance or service-level agreements.
Metric ID:
non_current_liabilities_contract_with_customer_liability_a5d23aHistorical Data
20 periods
| 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 | $828M | $836M | $850M | $877M | $852M | $867M | $844M | $937M | $939M | $1.01B | $966M | $1.06B | $1.05B | $1.09B | $1.07B | $1.05B | $1.06B | $1.12B | $1.05B | $1.05B |
| QoQ Change | — | +1.0% | +1.7% | +3.2% | -2.9% | +1.8% | -2.7% | +11.0% | +0.2% | +7.7% | -4.5% | +9.8% | -1.4% | +4.2% | -2.3% | -1.1% | +0.6% | +5.7% | -5.8% | -0.1% |
| YoY Change | — | — | — | — | +2.9% | +3.7% | -0.7% | +6.8% | +10.2% | +16.6% | +14.5% | +13.2% | +11.4% | +7.8% | +10.2% | -0.8% | +1.2% | +2.7% | -1.0% | +0.0% |
Range$828M – $1.12B
CAGR+5.2%
Avg YoY Growth+6.2%
Median YoY Growth+5.3%
Current Streak2 quarters decline
Deferred revenue, net of current portion at Other Companies
Frequently Asked Questions
- What is Cummins's deferred revenue, net of current portion?
- Cummins (CMI) reported deferred revenue, net of current portion of $1.05B in Q1 2026.
- How has Cummins's deferred revenue, net of current portion changed year-over-year?
- Cummins's deferred revenue, net of current portion decreased by 0.0% year-over-year, from $1.05B to $1.05B.
- What is the long-term trend for Cummins's deferred revenue, net of current portion?
- Over 5 years (2020 to 2025), Cummins's deferred revenue, net of current portion has grown at a 4.6% compound annual growth rate (CAGR), from $840M to $1.05B.
- What does deferred revenue, net of current portion mean?
- Revenue that has been paid for by customers but will not be earned until more than a year in the future.