Deferred Revenue

Current Liabilities

AT&T Deferred Revenue increased by 9.5% to $4.27B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $4.10B to $4.27B. Over 3 years (FY 2022 to FY 2025), Deferred Revenue shows relatively stable performance with a 2.9% 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 2012
Last reportedQ4 2025

How to read this metric

An increase is a strong leading indicator of future revenue growth and healthy sales momentum.

Detailed definition

Cash collected from customers in advance of providing services or delivering products, expected to be recognized as reve...

Peer comparison

A critical metric for SaaS and cloud peers (like Salesforce or Amazon) to gauge the health of the subscription pipeline.

Metric ID: deferred_revenue_current

Historical Data

12 periods
 Q4 '22Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$3.92B$3.83B$3.70B$3.78B$3.71B$3.98B$4.06B$4.10B$3.95B$4.00B$3.90B$4.27B
QoQ Change-2.2%-3.4%+2.0%-1.7%+7.2%+2.0%+1.0%-3.6%+1.2%-2.6%+9.5%
YoY Change-3.6%+3.9%+9.6%+8.5%+6.4%+0.5%-4.0%+4.1%
Range$3.70B$4.27B
CAGR+3.1%
Avg YoY Growth+3.2%
Median YoY Growth+4.0%

Frequently Asked Questions

What is AT&T's deferred revenue?
AT&T (T) reported deferred revenue of $4.27B in Q4 2025.
How has AT&T's deferred revenue changed year-over-year?
AT&T's deferred revenue increased by 4.1% year-over-year, from $4.10B to $4.27B.
What is the long-term trend for AT&T's deferred revenue?
Over 3 years (2022 to 2025), AT&T's deferred revenue has grown at a 2.9% compound annual growth rate (CAGR), from $3.92B to $4.27B.
What does deferred revenue mean?
Money already collected for work or software that hasn't been delivered yet.

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