Borqs Technologies (BRQSF) Current Deferred Revenue (2016 - 2023)
Borqs Technologies (BRQSF) recorded Current Deferred Revenue of $2.63 million in Q2 2023, down 68.9% from $8.47 million a year earlier.
Borqs Technologies (BRQSF) Current Deferred Revenue (2016 - 2023) Analysis & Trends
At the end of FY2022, Borqs Technologies reported Current Deferred Revenue of $3.94 million, down 53.1% from FY2021.
- Annual Current Deferred Revenue has a five-year compound annual growth rate of 1.7% (FY2017 to FY2022).
- Across earlier years, Current Deferred Revenue came in at $8.4 million in FY2021 (+13.6%), $7.4 million in FY2020 (+13.2%), $6.54 million in FY2019 (+178.6%) and $2.35 million in FY2018 (-35.2%).
- The Q2 2023 figure is the lowest quarterly Current Deferred Revenue since Q4 2018.
- On a year-over-year basis, Current Deferred Revenue rose in two of the last four quarters, with an average decline of 5.4%.
- Peak year-over-year performance for Current Deferred Revenue in the last five years was growth of 178.6% in Q4 2019, against a decline of 68.9% in Q2 2023 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn |
| 10 | Borqs Technologies | 2.66 Mn | -19.19 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 2.63 Mn |
| Dec 31, 2022 | 3.94 Mn |
| Jun 30, 2022 | 8.47 Mn |
| Dec 31, 2021 | 8.40 Mn |
| Jun 30, 2021 | 4.53 Mn |
| Dec 31, 2020 | 7.40 Mn |
| Jun 30, 2020 | 5.31 Mn |
| Dec 31, 2019 | 6.54 Mn |
| Dec 31, 2018 | 2.35 Mn |
| Sep 30, 2018 | 5.88 Mn |
| Jun 30, 2018 | 6.72 Mn |
| Mar 31, 2018 | 7.31 Mn |
| Dec 31, 2017 | 3.62 Mn |
| Sep 30, 2017 | 7.84 Mn |
| Dec 31, 2016 | 12.00 Mn |
Borqs Technologies Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=BRQSF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "BRQSF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=BRQSF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();