Other

Standard and Extended Product Warranty Accrual

Snap-on Standard and Extended Product Warranty Accrual decreased by 0.7% to $14.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.5%, from $15.40M to $14.40M. Over 5 years (FY 2020 to FY 2025), Standard and Extended Product Warranty Accrual shows a downward trend with a -3.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase may suggest declining product quality or higher expected repair costs, while a decrease suggests improved reliability.

Detailed definition

This represents the estimated liability for future costs associated with repairing or replacing products under warranty....

Peer comparison

Standard for manufacturing and hardware companies; benchmarked against revenue.

Metric ID: other_product_warranty_accrual

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$18.30M$18.50M$17.90M$17.30M$16.50M$16.00M$15.30M$14.30M$14.80M$14.90M$14.60M$14.70M$14.90M$15.20M$15.00M$15.20M$15.40M$15.40M$15.10M$14.50M$14.40M
QoQ Change+1.1%-3.2%-3.4%-4.6%-3.0%-4.4%-6.5%+3.5%+0.7%-2.0%+0.7%+1.4%+2.0%-1.3%+1.3%+1.3%+0.0%-1.9%-4.0%-0.7%
YoY Change-9.8%-13.5%-14.5%-17.3%-10.3%-6.9%-4.6%+2.8%+0.7%+2.0%+2.7%+3.4%+3.4%+1.3%+0.7%-4.6%-6.5%
Range$14.30M$18.50M
CAGR-4.7%
Avg YoY Growth-4.2%
Median YoY Growth-4.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is Snap-on's standard and extended product warranty accrual?
Snap-on (SNA) reported standard and extended product warranty accrual of $14.40M in Q1 2026.
How has Snap-on's standard and extended product warranty accrual changed year-over-year?
Snap-on's standard and extended product warranty accrual decreased by 6.5% year-over-year, from $15.40M to $14.40M.
What is the long-term trend for Snap-on's standard and extended product warranty accrual?
Over 5 years (2020 to 2025), Snap-on's standard and extended product warranty accrual has grown at a -3.8% compound annual growth rate (CAGR), from $17.60M to $14.50M.
What does standard and extended product warranty accrual mean?
The estimated cost the company expects to pay for future product repairs and replacements.