What is Mcgrath Rentcorp's change in deferred revenue?

Mcgrath Rentcorp (MGRC) reported change in deferred revenue of $4.94M in Q1 2026.

How has Mcgrath Rentcorp's change in deferred revenue changed year-over-year?

Mcgrath Rentcorp's change in deferred revenue decreased by 30.2% year-over-year, from $7.07M to $4.94M.

What does change in deferred revenue mean?

Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.

Mcgrath Rentcorp MGRC Change in Deferred Revenue

Change in Deferred Revenue at other companies

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$7.76M+170%

Custom Truck One SourceCTOS

-$7.6M-45.3%

National Storage AffiliatesNSA

$693K+221%

ROP

Roper Technologies, Inc.ROP

-$117.1M-65.9%

NCR AtleosNATL

$50M-41.2%

TTM TechnologiesTTMI

-$1.1M-124%

Other financials

Income statement

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Revenue$198.5M+1.6%

Gross profit$176.9M+4.1%

Operating income$43.4M-4.8%

Net income$27.0M-4.2%

EPS (diluted)$1.10-4.3%

Balance sheet

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Cash & equivalents$2.4M-30.5%

Total debt$12.9M+2.2%

Total equity$1.2B+8.8%

Total assets$2.4B+6.1%

Cash flow

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Operating cash flow$42.4M-21.4%

CapEx$8.0M+101%

Free cash flow$34.3M-31.2%

Valuation

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Market cap$2.94B-0.8%

P/E18.9×+6.4×

P/S3.1×-0.1×

Profitability

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Gross margin82.2%+1.6pp

Operating margin25.5%-0.4pp

Net margin16.4%-9.4pp

FCF margin20.7%-17.4pp

Returns & leverage

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Return on equity13.1%-9.7pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Mcgrath Rentcorp in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerLiability.

The official record: Mcgrath Rentcorp’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mcgrath Rentcorp's change in deferred revenue?: Mcgrath Rentcorp (MGRC) reported change in deferred revenue of $4.94M in Q1 2026.
How has Mcgrath Rentcorp's change in deferred revenue changed year-over-year?: Mcgrath Rentcorp's change in deferred revenue decreased by 30.2% year-over-year, from $7.07M to $4.94M.
What does change in deferred revenue mean?: Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.