Current Liabilities
Deferred Revenue
S&P Global Deferred Revenue decreased by 2.6% to $3.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $3.89B to $3.98B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 13.5% CAGR. 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 reportedQ4 2014
Last reportedQ1 2026Apr 28, 2026
How to read this metric
An increase is a positive signal of strong sales momentum and future revenue visibility.
Detailed definition
Payments received from customers for services or products that have not yet been delivered or earned. In a subscription-...
Peer comparison
Highly relevant for SaaS and subscription-based data businesses.
Metric ID:
deferred_revenue_currentHistorical Data
20 periods
| 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 | $2.10B | $2.01B | $2.22B | $3.17B | $2.93B | $2.87B | $3.13B | $3.18B | $3.15B | $3.02B | $3.46B | $3.54B | $3.41B | $3.29B | $3.69B | $3.89B | $3.87B | $3.63B | $4.09B | $3.98B |
| QoQ Change | — | -4.4% | +10.5% | +42.9% | -7.4% | -2.1% | +8.9% | +1.6% | -0.9% | -4.0% | +14.5% | +2.1% | -3.6% | -3.5% | +12.3% | +5.3% | -0.5% | -6.3% | +12.7% | -2.6% |
| YoY Change | — | — | — | — | +39.7% | +43.1% | +41.0% | +0.3% | +7.3% | +5.3% | +10.7% | +11.3% | +8.2% | +8.8% | +6.7% | +10.1% | +13.7% | +10.3% | +10.7% | +2.3% |
Range$2.01B – $4.09B
CAGR+14.4%
Avg YoY Growth+14.3%
Median YoY Growth+10.2%
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is S&P Global's deferred revenue?
- S&P Global (SPGI) reported deferred revenue of $3.98B in Q1 2026.
- How has S&P Global's deferred revenue changed year-over-year?
- S&P Global's deferred revenue increased by 2.3% year-over-year, from $3.89B to $3.98B.
- What is the long-term trend for S&P Global's deferred revenue?
- Over 5 years (2020 to 2025), S&P Global's deferred revenue has grown at a 13.5% compound annual growth rate (CAGR), from $2.17B to $4.09B.
- What does deferred revenue mean?
- Money received from customers for services that have not yet been provided.