Non-Current Liabilities

Deferred revenue, net of current portion

Cummins Deferred revenue, net of current portion decreased by 5.8% to $1.05B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $1.07B 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
VolatilityStable
First reportedQ4 2024
Last reportedQ4 2025

How to read this metric

An increase suggests strong long-term bookings and future revenue growth, while a decrease may indicate a slowdown in long-term contract renewals.

Detailed definition

This represents the portion of deferred revenue that is expected to be recognized as revenue beyond the next twelve mont...

Peer comparison

Common in SaaS and software companies; peers typically show growth in this metric as they scale enterprise subscriptions.

Metric ID: non_current_liabilities_contract_with_customer_liability_a5d23a

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$828.00M$836.00M$850.00M$877.00M$852.00M$867.00M$844.00M$937.00M$939.00M$1.01B$966.00M$1.06B$1.05B$1.09B$1.07B$1.05B$1.06B$1.12B$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%
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%
Range$828.00M$1.12B
CAGR+5.5%
Avg YoY Growth+6.6%
Median YoY Growth+6.8%

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 Q4 2025.
How has Cummins's deferred revenue, net of current portion changed year-over-year?
Cummins's deferred revenue, net of current portion decreased by 1.0% year-over-year, from $1.07B 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 $840.00M to $1.05B.
What does deferred revenue, net of current portion mean?
Revenue received in advance for services or products to be delivered more than one year in the future.