Current Liabilities
Deferred Revenue
Southern Company Deferred Revenue decreased by 31.7% to $166.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 31.7%, from $243.00M to $166.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025
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.
Metric ID:
deferred_revenue_currentHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $354.00M | $156.00M | $577.00M | $529.00M | $347.00M | $243.00M | $166.00M |
| QoQ Change | — | -55.9% | +269.9% | -8.3% | -34.4% | -30.0% | -31.7% |
| YoY Change | — | — | — | — | -2.0% | +55.8% | -31.7% |
Range$156.00M – $577.00M
CAGR-39.6%
Avg YoY Growth+7.4%
Median YoY Growth-2.0%
Current Streak4 quarters decline
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Southern Company's deferred revenue?
- Southern Company (SO) reported deferred revenue of $166.00M in Q3 2023.
- How has Southern Company's deferred revenue changed year-over-year?
- Southern Company's deferred revenue decreased by 31.7% year-over-year, from $243.00M to $166.00M.
- 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.