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MPLX MPLX Deferred Revenue

Deferred Revenue at other companies

Kinder Morgan logo
Kinder MorganKMI
$1.25M+109%
International Seaways, Inc. logo
International Seaways, Inc.INSW
-$4.54M+40.4%

Other financials

Income statement

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Revenue$3.3B+10.3%
Operating income$1.4B+6.6%
Net income$1.1B+1.8%
EPS (diluted)$1.06+2.9%

Balance sheet

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Cash & equivalents$1.0B-25.6%
Total debt$25.6B+9,326%
Total assets$43.0B+13.6%

Cash flow

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Operating cash flow$1.3B+8.1%
CapEx$575.0M+115%
Free cash flow$772.0M-21.1%

Valuation

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Market cap$61.26B+16.6%
P/E12.9×+0.8×
P/S4.6×+0.3×

Profitability

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Operating margin44.4%+1.1pp
Net margin36%+0.2pp
FCF margin30.2%-9.4pp

Returns & leverage

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Current ratio1.1×0.0×

Where this comes from

Reported directly by MPLX in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredRevenue.

The source filing: MPLX’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 1:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001552000-26-000025
(In millions)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Current liabilities and other current assets(15)(76)
Assets and liabilities - related parties(25)(35)
Right of use assets and operating lease liabilities(1)
Deferred revenue(1)(12)
All other, net11(2)
Net cash provided by operating activities1,3471,246
Investing activities:
Additions to property, plant and equipment(575)(267)

Item 1. Financial Statements

FAQ

What is MPLX's deferred revenue?
MPLX (MPLX) reported deferred revenue of -$1M in Q1 2026.
How has MPLX's deferred revenue changed year-over-year?
MPLX's deferred revenue increased by 91.7% year-over-year, from -$12M to -$1M.
What is the long-term trend for MPLX's deferred revenue?
Over 4 years (2021 to 2025), MPLX's deferred revenue has grown at a -4.2% compound annual growth rate (CAGR), from $88M to -$74M.
What does deferred revenue mean?
Represents cash received from customers for services or products that have not yet been delivered or earned. This acts as a liability on the balance sheet until the performance obligation is satisfied.

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