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Current Liabilities

Deferred Revenue

Raytheon Technologies Deferred Revenue increased by 1.5% to $21.94B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $19.04B to $21.94B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 10.9% 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 2014
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase signals strong future demand and a healthy backlog, while a decrease may indicate slowing sales or rapid fulfillment.

Detailed definition

Deferred revenue represents payments received from customers for goods or services that have not yet been delivered or p...

Peer comparison

Common in industries with long-cycle contracts; higher levels relative to revenue indicate strong pricing power and order visibility.

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$12.59B$12.54B$13.72B$13.74B$13.43B$13.37B$14.6B$14.87B$15.16B$15.25B$17.18B$17.12B$17.67B$18.44B$18.62B$19.04B$19.19B$20.11B$21.62B$21.94B
QoQ Change-0.4%+9.4%+0.1%-2.2%-0.5%+9.2%+1.9%+2.0%+0.6%+12.7%-0.4%+3.2%+4.4%+1.0%+2.3%+0.8%+4.8%+7.5%+1.5%
YoY Change+6.7%+6.6%+6.4%+8.2%+12.9%+14.1%+17.7%+15.1%+16.5%+20.9%+8.3%+11.2%+8.6%+9.1%+16.1%+15.2%
Range$12.54B$21.94B
CAGR+12.4%
Avg YoY Growth+12.1%
Median YoY Growth+12.1%
Current Streak8 quarters growth

Frequently Asked Questions

What is Raytheon Technologies's deferred revenue?
Raytheon Technologies (RTX) reported deferred revenue of $21.94B in Q1 2026.
How has Raytheon Technologies's deferred revenue changed year-over-year?
Raytheon Technologies's deferred revenue increased by 15.2% year-over-year, from $19.04B to $21.94B.
What is the long-term trend for Raytheon Technologies's deferred revenue?
Over 5 years (2020 to 2025), Raytheon Technologies's deferred revenue has grown at a 10.9% compound annual growth rate (CAGR), from $12.89B to $21.62B.
What does deferred revenue mean?
Cash received from customers before the work is completed or the product is delivered.