What is EMCOR Group's change in deferred revenue?

EMCOR Group (EME) reported change in deferred revenue of $38.90M in Q4 2025.

How has EMCOR Group's change in deferred revenue changed year-over-year?

EMCOR Group's change in deferred revenue decreased by 63.5% year-over-year, from $106.66M to $38.90M.

What is the long-term trend for EMCOR Group's change in deferred revenue?

Over 4 years (2021 to 2025), EMCOR Group's change in deferred revenue has grown at a 36.6% compound annual growth rate (CAGR), from $44.71M to $155.60M.

What does change in deferred revenue mean?

The change in payments received from customers for work not yet completed.

Operating

Change in Deferred Revenue

EMCOR Group Change in Deferred Revenue remained flat by 0.0% to $38.90M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 63.5%, from $106.66M to $38.90M. Over 4 years (FY 2021 to FY 2025), Change in Deferred Revenue shows an upward trend with a 36.6% CAGR. 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 2018

Last reportedQ4 2025

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: change_in_deferred_revenue

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$44.71M	$299.90M	$489.73M	$426.63M	$155.60M
YoY Change	—	+570.7%	+63.3%	-12.9%	-63.5%

Range$44.71M – $489.73M

CAGR+36.6%

Avg YoY Growth+139.4%

Median YoY Growth+25.2%

Current Streak2 years decline

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Frequently Asked Questions

What is EMCOR Group's change in deferred revenue?: EMCOR Group (EME) reported change in deferred revenue of $38.90M in Q4 2025.
How has EMCOR Group's change in deferred revenue changed year-over-year?: EMCOR Group's change in deferred revenue decreased by 63.5% year-over-year, from $106.66M to $38.90M.
What is the long-term trend for EMCOR Group's change in deferred revenue?: Over 4 years (2021 to 2025), EMCOR Group's change in deferred revenue has grown at a 36.6% compound annual growth rate (CAGR), from $44.71M to $155.60M.
What does change in deferred revenue mean?: The change in payments received from customers for work not yet completed.