Discontinued — last reported Q3 '24
International Business Machines Extended Warranty — Deferred Revenue Noncurrent decreased by 23.1% to $40.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 51.2%, from $82.00M to $40.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher levels indicate a strong pipeline of long-term service contracts and sustained customer commitment.
The portion of deferred warranty revenue that is expected to be recognized as income beyond the next twelve months. This...
Commonly categorized as non-current contract liabilities in long-term service businesses.
ibm_segment_extended_warranty_deferred_revenue_noncurrent| 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 | $183.00M | $163.00M | $186.00M | $168.00M | $167.00M | $145.00M | $135.00M | $116.00M | $99.00M | $82.00M | $60.00M | $52.00M | $40.00M |
| QoQ Change | — | -10.9% | +14.1% | -9.7% | -0.6% | -13.2% | -6.9% | -14.1% | -14.7% | -17.2% | -26.8% | -13.3% | -23.1% |
| YoY Change | — | — | — | — | -8.7% | -11.0% | -27.4% | -31.0% | -40.7% | -43.4% | -48.3% | -47.5% | -51.2% |