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Global Industrial GIC Deferred Revenue
Deferred Revenue at other companies
Other financials
Where this comes from
Reported directly by Global Industrial in its filing.
Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligation.
The source filing: Global Industrial’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:55 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-030699
The Company will record a contract liability in cases where customers pay in advance of the Company's satisfaction of its performance obligation which typically occurs within a year of receipt. The Company had approximately $2.0 million and $3.0 million of contract liabilities as of March 31, 2026 and December 31, 2025, respectively.
Item 1. Financial Statements
FAQ
- What is Global Industrial's deferred revenue?
- Global Industrial (GIC) reported deferred revenue of $2M in Q1 2026.
- How has Global Industrial's deferred revenue changed year-over-year?
- Global Industrial's deferred revenue decreased by 53.5% year-over-year, from $4.3M to $2M.
- What does deferred revenue mean?
- Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.
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