Deferred Revenue
Sherwin-Williams Deferred Revenue decreased by 31.1% to $294.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.8%, from $245.80M to $294.50M. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 9.9% 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 | $228.10M | $268.90M | $259.80M | $211.10M | $252.70M | $300.60M | $292.90M | $229.20M | $267.20M | $325.30M | $365.70M | $254.00M | $306.30M | $363.20M | $386.20M | $245.80M | $304.00M | $361.60M | $427.30M | $294.50M |
| QoQ Change | — | +17.9% | -3.4% | -18.7% | +19.7% | +19.0% | -2.6% | -21.7% | +16.6% | +21.7% | +12.4% | -30.5% | +20.6% | +18.6% | +6.3% | -36.4% | +23.7% | +18.9% | +18.2% | -31.1% |
| YoY Change | — | — | — | — | +10.8% | +11.8% | +12.7% | +8.6% | +5.7% | +8.2% | +24.9% | +10.8% | +14.6% | +11.7% | +5.6% | -3.2% | -0.8% | -0.4% | +10.6% | +19.8% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Sherwin-Williams's deferred revenue?
- Sherwin-Williams (SHW) reported deferred revenue of $294.50M in Q1 2026.
- How has Sherwin-Williams's deferred revenue changed year-over-year?
- Sherwin-Williams's deferred revenue increased by 19.8% year-over-year, from $245.80M to $294.50M.
- What is the long-term trend for Sherwin-Williams's deferred revenue?
- Over 5 years (2020 to 2025), Sherwin-Williams's deferred revenue has grown at a 9.9% compound annual growth rate (CAGR), from $266.30M to $427.30M.
- 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.