Deferred Revenue
Quanta Services Deferred Revenue increased by 33.2% to $3.26B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 51.6%, from $2.15B to $3.26B. 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
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $503.22M | $501.14M | $802.87M | $800.58M | $751.33M | $830.35M | $1.14B | $1.14B | $1.13B | $1.10B | $1.54B | $1.44B | $1.48B | $1.88B | $2.15B | $2.15B | $2.14B | $2.45B | $3.26B |
| 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% |
| 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% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Quanta Services's deferred revenue?
- Quanta Services (PWR) reported deferred revenue of $3.26B in Q4 2025.
- How has Quanta Services's deferred revenue changed year-over-year?
- Quanta Services's deferred revenue increased by 51.6% year-over-year, from $2.15B to $3.26B.
- 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?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.