Deferred Revenue
Comfort Systems USA Deferred Revenue increased by 10.6% to $2.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 85.1%, from $1.27B to $2.35B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 56.4% 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $255.36M | $244.58M | $307.38M | $316.48M | $386.26M | $411.94M | $461.78M | $717.29M | $696.37M | $775.30M | $909.54M | $1.13B | $1.15B | $1.20B | $1.15B | $1.27B | $1.55B | $1.73B | $2.12B | $2.35B |
| QoQ Change | — | -4.2% | +25.7% | +3.0% | +22.0% | +6.6% | +12.1% | +55.3% | -2.9% | +11.3% | +17.3% | +24.5% | +1.6% | +4.1% | -4.0% | +10.3% | +22.0% | +12.2% | +22.3% | +10.6% |
| YoY Change | — | — | — | — | +51.3% | +68.4% | +50.2% | +126.6% | +80.3% | +88.2% | +97.0% | +57.8% | +65.1% | +54.5% | +26.4% | +12.0% | +34.5% | +44.8% | +84.5% | +85.1% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Comfort Systems USA's deferred revenue?
- Comfort Systems USA (FIX) reported deferred revenue of $2.35B in Q1 2026.
- How has Comfort Systems USA's deferred revenue changed year-over-year?
- Comfort Systems USA's deferred revenue increased by 85.1% year-over-year, from $1.27B to $2.35B.
- What is the long-term trend for Comfort Systems USA's deferred revenue?
- Over 5 years (2020 to 2025), Comfort Systems USA's deferred revenue has grown at a 56.4% compound annual growth rate (CAGR), from $226.24M to $2.12B.
- 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.