Skip to content
Current Liabilities

Deferred Revenue

Quanta Services Deferred Revenue increased by 17.9% to $3.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 78.5%, from $2.15B to $3.84B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 43.9% 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 2017
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase is a positive indicator of future revenue visibility and strong demand for services.

Detailed definition

Deferred revenue represents cash received from customers for services or projects that have not yet been performed or de...

Peer comparison

Common in project-based industries; higher levels generally suggest a strong project backlog.

Metric ID: deferred_revenue_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$503.22M$501.14M$802.87M$800.58M$751.33M$830.35M$1.14B$1.14B$1.13B$1.1B$1.54B$1.44B$1.48B$1.88B$2.15B$2.15B$2.14B$2.45B$3.26B$3.84B
QoQ Change-0.4%+60.2%-0.3%-6.2%+10.5%+37.5%+0.1%-1.2%-2.5%+39.8%-6.2%+2.8%+26.4%+14.6%+0.1%-0.6%+14.3%+33.2%+17.9%
YoY Change+49.3%+65.7%+42.2%+42.8%+50.2%+32.6%+34.8%+26.3%+31.4%+70.3%+39.7%+49.1%+44.3%+30.4%+51.6%+78.5%
Range$501.14M$3.84B
CAGR+53.4%
Avg YoY Growth+46.2%
Median YoY Growth+43.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Quanta Services's deferred revenue?
Quanta Services (PWR) reported deferred revenue of $3.84B in Q1 2026.
How has Quanta Services's deferred revenue changed year-over-year?
Quanta Services's deferred revenue increased by 78.5% year-over-year, from $2.15B to $3.84B.
What is the long-term trend for Quanta Services's deferred revenue?
Over 5 years (2020 to 2025), Quanta Services's deferred revenue has grown at a 43.9% compound annual growth rate (CAGR), from $528.86M to $3.26B.
What does deferred revenue mean?
Payments received from customers for work that has not yet been completed.