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Current Liabilities

Deferred Revenue

Home Depot Deferred Revenue increased by 4.2% to $2.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.5%, from $2.78B to $2.68B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 6.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 27, 2026

How to read this metric

An increase suggests strong future demand or growth in service-based contracts.

Detailed definition

Deferred revenue represents cash received from customers for goods or services that have not yet been delivered or perfo...

Peer comparison

Common in companies with service contracts, installations, or gift card programs.

Metric ID: deferred_revenue_current

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.5B$2.6B$2.5B$2.6B$2.7B$2.6B$2.2B$3.06B$3.12B$3.08B$2.78B$2.76B$2.84B$2.75B$2.6B$2.61B$2.78B$2.61B$2.54B$2.58B$2.68B
QoQ Change+4.0%-3.8%+4.0%+3.8%-3.7%-15.4%+39.3%+1.8%-1.3%-9.6%-0.8%+2.9%-3.1%-5.8%+0.6%+6.5%-6.3%-2.4%+1.3%+4.2%
YoY Change+8.0%+0.0%-12.0%+17.8%+15.5%+18.4%+26.5%-9.9%-8.9%-10.6%-6.8%-5.5%-2.2%-5.4%-2.0%-1.3%-3.5%
Range$2.2B$3.12B
CAGR+1.4%
Avg YoY Growth+1.1%
Median YoY Growth-2.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Home Depot's deferred revenue?
Home Depot (HD) reported deferred revenue of $2.68B in Q1 2026.
How has Home Depot's deferred revenue changed year-over-year?
Home Depot's deferred revenue decreased by 3.5% year-over-year, from $2.78B to $2.68B.
What is the long-term trend for Home Depot's deferred revenue?
Over 5 years (2020 to 2025), Home Depot's deferred revenue has grown at a 6.3% compound annual growth rate (CAGR), from $1.9B to $2.58B.
What does deferred revenue mean?
Money received from customers for products or services not yet provided.