What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Insight Enterprises NSIT Deferred Revenue

Discontinued — last reported Q3 '19

Deferred Revenue at other companies

Kyndryl HoldingsKD

$390M+14.4%

CDWCDW

$597.3M+14.7%

AccentureACN

$1.04B+60.4%

ElasticESTC

$973.82M+21.4%

Extreme NetworksEXTR

$312.52M+12.9%

JabilJBL

——

Segments

By product

See full

Services$298.34M+18.3%

Other financials

Income statement

See full

Revenue$2.1B+1.2%

Gross profit$462.2M+13.7%

Operating income$71.7M+19.3%

Net income$30.0M+299%

EPS (diluted)$0.97+341%

Balance sheet

See full

Cash & equivalents$440.6M+36.9%

Total debt$1.5B+52.8%

Total equity$1.6B+0.7%

Total assets$10.1B+26.9%

Cash flow

See full

Operating cash flow$32.4M-58.5%

CapEx$6.0M-15.9%

Free cash flow$26.4M-62.8%

Valuation

See full

Market cap$3.34B-56.4%

Profitability

See full

Gross margin22%+1.4pp

Operating margin4.2%+0.1pp

Net margin2.2%-0.1pp

FCF margin2.8%-2.1pp

Returns & leverage

See full

Return on equity11.3%-0.1pp

Debt / equity0.9×+0.3×

Current ratio1.2×0.0×

Where this comes from

Reported directly by Insight Enterprises in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenueCurrent.

The official record: Insight Enterprises’s 10-Q, filed November 6, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.