Current Liabilities
Deferred Revenue
Microsoft Deferred Revenue decreased by 0.9% to $50.92B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $44.64B to $50.92B. Over 4 years (FY 2021 to FY 2025), Deferred Revenue shows an upward trend with a 11.7% 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 2009
Last reportedQ3 2026Apr 29, 2026
How to read this metric
An increase is a strong leading indicator of future revenue growth and healthy sales momentum.
Detailed definition
Cash collected from customers in advance of providing services or delivering products, expected to be recognized as reve...
Peer comparison
A critical metric for SaaS and cloud peers (like Salesforce or Amazon) to gauge the health of the subscription pipeline.
Metric ID:
deferred_revenue_currentHistorical Data
20 periods
| 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 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $41.53B | $38.47B | $34.00B | $34.03B | $45.54B | $41.34B | $36.98B | $36.90B | $50.90B | $46.43B | $43.07B | $41.89B | $57.58B | $53.03B | $45.51B | $44.64B | $64.56B | $58.99B | $51.38B | $50.92B |
| QoQ Change | — | -7.4% | -11.6% | +0.1% | +33.8% | -9.2% | -10.5% | -0.2% | +37.9% | -8.8% | -7.2% | -2.7% | +37.5% | -7.9% | -14.2% | -1.9% | +44.6% | -8.6% | -12.9% | -0.9% |
| YoY Change | — | — | — | — | +9.7% | +7.5% | +8.8% | +8.5% | +11.8% | +12.3% | +16.5% | +13.5% | +13.1% | +14.2% | +5.7% | +6.6% | +12.1% | +11.2% | +12.9% | +14.1% |
Range$34.00B – $64.56B
CAGR+4.4%
Avg YoY Growth+11.1%
Median YoY Growth+11.9%
Current Streak3 quarters decline
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Microsoft's deferred revenue?
- Microsoft (MSFT) reported deferred revenue of $50.92B in Q1 2026.
- How has Microsoft's deferred revenue changed year-over-year?
- Microsoft's deferred revenue increased by 14.1% year-over-year, from $44.64B to $50.92B.
- What is the long-term trend for Microsoft's deferred revenue?
- Over 4 years (2021 to 2025), Microsoft's deferred revenue has grown at a 11.7% compound annual growth rate (CAGR), from $41.53B to $64.56B.
- What does deferred revenue mean?
- Money already collected for work or software that hasn't been delivered yet.