Non-Current Liabilities

Deferred revenue, net of current portion

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.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2026Apr 30, 2026

How to read this metric

An increase signals strong long-term contract growth and future revenue stability, while a decrease may indicate slowing long-term bookings.

Detailed definition

This represents revenue that has been billed or collected from customers for services to be delivered beyond the next tw...

Peer comparison

Common in SaaS and subscription-based service models; peers in the HCM and payroll space report this to show contract duration.

Metric ID: non_current_liabilities_contract_with_customer_liability_a5d23a

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '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%
Range$87.58M$351.93M
CAGR+24.9%
Avg YoY Growth+34.7%
Median YoY Growth+42.0%
Current Streak4 quarters decline

Frequently Asked Questions

What is KLA Corporation's deferred revenue, net of current portion?
KLA Corporation (KLAC) reported deferred revenue, net of current portion of $251.56M in Q1 2026.
How has KLA Corporation's deferred revenue, net of current portion changed year-over-year?
KLA Corporation's deferred revenue, net of current portion decreased by 28.5% year-over-year, from $351.93M to $251.56M.
What is the long-term trend for KLA Corporation's deferred revenue, net of current portion?
Over 4 years (2021 to 2025), KLA Corporation's deferred revenue, net of current portion has grown at a 41.3% compound annual growth rate (CAGR), from $87.58M to $348.84M.
What does deferred revenue, net of current portion mean?
Revenue received for services to be provided after one year.