Discontinued — last reported Q3 '24
International Business Machines Extended Warranty — Deferred income decreased by 12.2% to $72.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 39.5%, from $119.00M to $72.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
A growing balance indicates a larger base of service contracts, providing visibility into future service revenue.
The total outstanding balance of income received in advance for extended warranty services that remains to be fulfilled....
Equivalent to deferred revenue or unearned income in standard accounting practices.
ibm_segment_extended_warranty_deferred_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $184.00M | $171.00M | $163.00M | $155.00M | $172.00M | $139.00M | $137.00M | $129.00M | $119.00M | $119.00M | $94.00M | $82.00M | $72.00M |
| QoQ Change | — | -7.1% | -4.7% | -4.9% | +11.0% | -19.2% | -1.4% | -5.8% | -7.8% | +0.0% | -21.0% | -12.8% | -12.2% |
| YoY Change | — | — | — | — | -6.5% | -18.7% | -16.0% | -16.8% | -30.8% | -14.4% | -27.1% | -31.1% | -39.5% |