Current Liabilities

Deferred Revenue

News Corporation Deferred Revenue increased by 17.3% to $556.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $501.00M to $556.00M. Over 4 years (FY 2021 to FY 2025), Deferred Revenue shows relatively stable performance with a 1.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026May 8, 2026

How to read this metric

High or growing deferred revenue is a positive indicator of future revenue visibility and strong customer demand.

Detailed definition

Deferred revenue represents cash received from customers in advance of the company delivering the promised goods or serv...

Peer comparison

Highly relevant for subscription-based media and streaming businesses; indicates strong recurring revenue potential.

Metric ID: deferred_revenue_current

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$473.00M$467.00M$462.00M$528.00M$604.00M$592.00M$591.00M$623.00M$622.00M$624.00M$510.00M$549.00M$483.00M$559.00M$431.00M$501.00M$498.00M$504.00M$474.00M$556.00M
QoQ Change-1.3%-1.1%+14.3%+14.4%-2.0%-0.2%+5.4%-0.2%+0.3%-18.3%+7.6%-12.0%+15.7%-22.9%+16.2%-0.6%+1.2%-6.0%+17.3%
YoY Change+27.7%+26.8%+27.9%+18.0%+3.0%+5.4%-13.7%-11.9%-22.3%-10.4%-15.5%-8.7%+3.1%-9.8%+10.0%+11.0%
Range$431.00M$624.00M
CAGR+3.5%
Avg YoY Growth+2.5%
Median YoY Growth+3.0%

Frequently Asked Questions

What is News Corporation's deferred revenue?
News Corporation (NWS) reported deferred revenue of $556.00M in Q1 2026.
How has News Corporation's deferred revenue changed year-over-year?
News Corporation's deferred revenue increased by 11.0% year-over-year, from $501.00M to $556.00M.
What is the long-term trend for News Corporation's deferred revenue?
Over 4 years (2021 to 2025), News Corporation's deferred revenue has grown at a 1.3% compound annual growth rate (CAGR), from $473.00M to $498.00M.
What does deferred revenue mean?
Payments received from customers for services or products that have not yet been delivered.