KLA Corporation Deferred revenue, net of current portion decreased by 7.0% to $251.56M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.5%, from $351.93M to $251.56M. Over 4 years (FY 2021 to FY 2025), Deferred revenue, net of current portion shows an upward trend with a 41.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals strong long-term contract growth and future revenue stability, while a decrease may indicate slowing long-term bookings.
This represents revenue that has been billed or collected from customers for services to be delivered beyond the next tw...
Common in SaaS and subscription-based service models; peers in the HCM and payroll space report this to show contract duration.
non_current_liabilities_contract_with_customer_liability_a5d23a| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $87.58M | $94.82M | $102.78M | $107.42M | $124.62M | $129.86M | $162.77M | $176.26M | $176.68M | $192.24M | $221.77M | $271.37M | $294.46M | $319.79M | $333.76M | $351.93M | $348.84M | $287.13M | $270.55M | $251.56M |
| QoQ Change | — | +8.3% | +8.4% | +4.5% | +16.0% | +4.2% | +25.3% | +8.3% | +0.2% | +8.8% | +15.4% | +22.4% | +8.5% | +8.6% | +4.4% | +5.4% | -0.9% | -17.7% | -5.8% | -7.0% |
| YoY Change | — | — | — | — | +42.3% | +36.9% | +58.4% | +64.1% | +41.8% | +48.0% | +36.2% | +54.0% | +66.7% | +66.4% | +50.5% | +29.7% | +18.5% | -10.2% | -18.9% | -28.5% |