Deferred Revenue
Verizon Communications Deferred Revenue decreased by 0.4% to $7.50B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.9%, from $7.22B to $7.50B. Over 3 years (FY 2021 to FY 2024), Deferred Revenue shows an upward trend with a 7.4% 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.40B | $4.70B | $6.05B | $14.40B | $6.31B | $6.48B | $6.58B | $6.69B | $6.70B | $6.85B | $6.96B | $7.14B | $7.16B | $7.22B | $7.49B | $7.54B | $7.53B | $7.50B |
| QoQ Change | — | -50.0% | +28.8% | +137.9% | -56.2% | +2.6% | +1.7% | +1.7% | +0.1% | +2.3% | +1.5% | +2.7% | +0.3% | +0.8% | +3.8% | +0.6% | -0.1% | -0.4% |
| YoY Change | — | — | — | — | -32.9% | +37.8% | +8.8% | -53.5% | +6.2% | +5.8% | +5.7% | +6.7% | +6.9% | +5.4% | +7.7% | +5.5% | +5.2% | +3.9% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Verizon Communications's deferred revenue?
- Verizon Communications (VZ) reported deferred revenue of $7.50B in Q3 2025.
- How has Verizon Communications's deferred revenue changed year-over-year?
- Verizon Communications's deferred revenue increased by 3.9% year-over-year, from $7.22B to $7.50B.
- What is the long-term trend for Verizon Communications's deferred revenue?
- Over 3 years (2021 to 2024), Verizon Communications's deferred revenue has grown at a 7.4% compound annual growth rate (CAGR), from $6.05B to $7.49B.
- 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.