Discontinued — last reported Q3 '24
International Business Machines Extended Warranty — Deferred Revenue decreased by 17.0% to $112.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 44.3%, from $201.00M to $112.00M. Over 2 years (FY 2021 to FY 2023), Extended Warranty — Deferred Revenue shows a downward trend with a -23.1% CAGR.
An increase suggests growing future service obligations and potential future revenue recognition, while a decrease may indicate slowing sales of new warranty contracts.
Represents the total balance of payments received from customers for extended warranty services that have not yet been e...
Commonly reported as deferred revenue or contract liabilities in technology and hardware sectors.
ibm_segment_extended_warranty_deferred_revenue| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $367.00M | $334.00M | $350.00M | $323.00M | $339.00M | $284.00M | $272.00M | $244.00M | $218.00M | $201.00M | $184.00M | $154.00M | $135.00M | $112.00M |
| QoQ Change | — | -9.0% | +4.8% | -7.7% | +5.0% | -16.2% | -4.2% | -10.3% | -10.7% | -7.8% | -8.5% | -16.3% | -12.3% | -17.0% |
| YoY Change | — | — | — | — | -7.6% | -15.0% | -22.3% | -24.5% | -35.7% | -29.2% | -32.4% | -36.9% | -38.1% | -44.3% |