MSCI Deferred Revenue decreased by 3.9% to $1.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $1.08B to $1.18B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 12.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_current| 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 | $662.17M | $643.35M | $824.91M | $832.20M | $808.02M | $735.71M | $882.89M | $920.26M | $909.62M | $837.48M | $1.08B | $1.05B | $1.02B | $942.84M | $1.12B | $1.08B | $1.06B | $974.66M | $1.23B | $1.18B |
| QoQ Change | — | -2.8% | +28.2% | +0.9% | -2.9% | -8.9% | +20.0% | +4.2% | -1.2% | -7.9% | +29.4% | -2.8% | -3.4% | -7.4% | +19.2% | -3.6% | -2.0% | -8.1% | +26.4% | -3.9% |
| YoY Change | — | — | — | — | +22.0% | +14.4% | +7.0% | +10.6% | +12.6% | +13.8% | +22.8% | +14.5% | +11.9% | +12.6% | +3.6% | +2.7% | +4.2% | +3.4% | +9.6% | +9.4% |