Air Canada (TSX:AC) Current Deferred Revenue: C$7,962 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:AC Air Canada TSX:AC
84 GF Score
Price C$22.68
GF Value C$24.35
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Air Canada Current Deferred Revenue?

Air Canada TSX:AC -0.22% 84 Current Deferred Revenue is C$7,962 Mil as of Mar. 2026. GuruFocus rates TSX:AC with a GF Score™ of 84/100 and a GF Value™ of C$24.35 (Fairly Valued). The stock has 4 warning signs investors should review.

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Air Canada's current deferred revenue for the quarter that ended in Mar. 2026 was C$7,962 Mil.

Air Canada Current Deferred Revenue Related Terms


Air Canada Current Deferred Revenue Historical Data

* Premium members only.

The historical data trend for Air Canada's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Air Canada Current Deferred Revenue Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,309.00 5,399.00 5,814.00 5,975.00 6,654.00

Air Canada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,996.00 7,130.00 6,578.00 6,654.00 7,962.00
TSX:AC
84GF Score
Air Canada TSX:AC
Current Deferred Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
What does a Current Deferred Revenue of C$7,962 Mil mean?
Air Canada (TSX:AC) has a Current Deferred Revenue of C$7,962 Mil as of Mar. 2026. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Air Canada and its competitors.
Is Air Canada's Current Deferred Revenue too high?
Air Canada's current Current Deferred Revenue is C$7,962 Mil. Overall, Air Canada has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Current Deferred Revenue compare to DAL and UAL?
Air Canada's Current Deferred Revenue of C$7,962 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Deferred Revenue for a Transportation company?
A good Current Deferred Revenue depends on the Transportation industry context. However, Current Deferred Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Air Canada and its competitors. Air Canada's current Current Deferred Revenue is C$7,962 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Based on GuruFocus' analysis, Air Canada (TSX:AC) is currently considered Fairly Valued. The stock's GF Value™ is C$24.35, compared to a current price of C$22.68 — trading 6.9% below its estimated fair value. The current Current Deferred Revenue is C$7,962 Mil. Air Canada's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For Air Canada (TSX:AC), the current Current Deferred Revenue is C$7,962 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Air Canada (TSX:AC) Overvalued in 2026?

Based on GuruFocus' analysis, Air Canada stock appears to be undervalued. The current stock price of C$22.68 is trading 6.9% below its estimated GF Value™ of C$24.35. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for TSX:AC:

  • Current Deferred Revenue: C$7,962 Mil
  • GF Value™: C$24.35 vs. price of C$22.68 (6.9% below fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the TSX:AC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Canada Business Description

Address 7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, Montreal, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
84GF Score

Get the complete analysis for TSX:AC

Current Deferred Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.68
Price
C$24.35
GF Value