Deferred Revenue
Raytheon Technologies Deferred Revenue decreased by 91.8% to $21.94B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 89.9%, from $217.00B to $21.94B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 67.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $151.80B | $156.10B | $23.65B | $154.00B | $161.00B | $168.00B | $23.91B | $180.00B | $185.00B | $190.00B | $26.48B | $202.00B | $206.00B | $221.00B | $30.23B | $217.00B | $236.00B | $251.00B | $268.00B | $21.94B |
| QoQ Change | — | +2.8% | -84.8% | +551.1% | +4.5% | +4.3% | -85.8% | +652.9% | +2.8% | +2.7% | -86.1% | +662.8% | +2.0% | +7.3% | -86.3% | +617.9% | +8.8% | +6.4% | +6.8% | -91.8% |
| YoY Change | — | — | — | — | +6.1% | +7.6% | +1.1% | +16.9% | +14.9% | +13.1% | +10.8% | +12.2% | +11.4% | +16.3% | +14.1% | +7.4% | +14.6% | +13.6% | +786.7% | -89.9% |
Deferred Revenue at Other Companies
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 decreased by 89.9% year-over-year, from $217.00B 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 67.5% compound annual growth rate (CAGR), from $20.34B to $268.00B.
- 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.