Leidos Holdings Deferred revenue, net of current portion decreased by 16.7% to $5.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 37.5%, from $8.00M to $5.00M. Over 5 years (FY 2020 to FY 2025), Deferred revenue, net of current portion shows a downward trend with a -21.4% 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| Q1 '21 | 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.00M | $18.00M | $21.00M | $24.00M | $25.00M | $24.00M | $26.00M | $29.00M | $28.00M | $26.00M | $23.00M | $21.00M | $18.00M | $16.00M | $13.00M | $10.00M | $8.00M | $6.00M | $6.00M | $6.00M | $5.00M |
| QoQ Change | — | +0.0% | +16.7% | +14.3% | +4.2% | -4.0% | +8.3% | +11.5% | -3.4% | -7.1% | -11.5% | -8.7% | -14.3% | -11.1% | -18.8% | -23.1% | -20.0% | -25.0% | +0.0% | +0.0% | -16.7% |
| YoY Change | — | — | — | — | +38.9% | +33.3% | +23.8% | +20.8% | +12.0% | +8.3% | -11.5% | -27.6% | -35.7% | -38.5% | -43.5% | -52.4% | -55.6% | -62.5% | -53.8% | -40.0% | -37.5% |