Current Liabilities

Deferred Revenue

Intuit Deferred Revenue decreased by 7.5% to $1.06B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $957.00M to $1.06B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 9.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026May 20, 2026

How to read this metric

An increase is a positive signal of strong future revenue growth and customer commitment, especially in subscription-based models.

Detailed definition

Deferred revenue represents payments received from customers for services or software subscriptions that have not yet be...

Peer comparison

High for SaaS and subscription-based companies; a critical metric for evaluating recurring revenue health.

Metric ID: deferred_revenue_current

Historical Data

21 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$650.00M$684.00M$600.00M$822.00M$741.00M$808.00M$698.00M$852.00M$829.00M$921.00M$763.00M$887.00M$843.00M$872.00M$892.00M$1.03B$957.00M$1.02B$1.05B$1.14B$1.06B
QoQ Change+5.2%-12.3%+37.0%-9.9%+9.0%-13.6%+22.1%-2.7%+11.1%-17.2%+16.3%-5.0%+3.4%+2.3%+14.9%-6.6%+6.5%+2.6%+9.2%-7.5%
YoY Change+14.0%+18.1%+16.3%+3.6%+11.9%+14.0%+9.3%+4.1%+1.7%-5.3%+16.9%+15.6%+13.5%+16.9%+17.2%+11.3%+10.2%
Range$600.00M$1.14B
CAGR+10.2%
Avg YoY Growth+11.1%
Median YoY Growth+13.5%

Frequently Asked Questions

What is Intuit's deferred revenue?
Intuit (INTU) reported deferred revenue of $1.06B in Q1 2026.
How has Intuit's deferred revenue changed year-over-year?
Intuit's deferred revenue increased by 10.2% year-over-year, from $957.00M to $1.06B.
What is the long-term trend for Intuit's deferred revenue?
Over 5 years (2020 to 2025), Intuit's deferred revenue has grown at a 9.3% compound annual growth rate (CAGR), from $652.00M to $1.02B.
What does deferred revenue mean?
Cash received from customers for services not yet provided.