Current Liabilities

Deferred Revenue

Labcorp Holdings Deferred Revenue decreased by 7.7% to $405.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $388.30M to $405.20M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows a downward trend with a -2.8% 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 2018
Last reportedQ1 2026

How to read this metric

An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.

Detailed definition

This represents payments received from customers for goods or services that have not yet been delivered or performed. It...

Peer comparison

Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.

Metric ID: deferred_revenue_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.62B$5.41B$558.50M$6.07B$6.13B$6.01B$310.60M$4.72B$349.70M$360.80M$421.70M$377.50M$388.30M$403.10M$392.20M$388.30M$398.00M$391.60M$439.10M$405.20M
QoQ Change-3.6%-89.7%+986.8%+1.0%-2.1%-94.8%>999%-92.6%+3.2%+16.9%-10.5%+2.9%+3.8%-2.7%-1.0%+2.5%-1.6%+12.1%-7.7%
YoY Change+9.2%+11.0%-44.4%-22.2%-94.3%-94.0%+35.8%-92.0%+11.0%+11.7%-7.0%+2.9%+2.5%-2.9%+12.0%+4.4%
Range$310.60M$6.13B
CAGR-42.5%
Avg YoY Growth-16.0%
Median YoY Growth+2.7%

Frequently Asked Questions

What is Labcorp Holdings's deferred revenue?
Labcorp Holdings (LH) reported deferred revenue of $405.20M in Q1 2026.
How has Labcorp Holdings's deferred revenue changed year-over-year?
Labcorp Holdings's deferred revenue increased by 4.4% year-over-year, from $388.30M to $405.20M.
What is the long-term trend for Labcorp Holdings's deferred revenue?
Over 5 years (2020 to 2025), Labcorp Holdings's deferred revenue has grown at a -2.8% compound annual growth rate (CAGR), from $506.50M to $439.10M.
What does deferred revenue mean?
Cash received from customers for work that has not yet been completed.