Current Liabilities
Standard Product Warranty Accrual
ITT Standard Product Warranty Accrual increased by 27.7% to $30.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 67.6%, from $17.90M to $30.00M. Over 5 years (FY 2020 to FY 2025), Standard Product Warranty Accrual shows relatively stable performance with a 0.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026May 6, 2026
How to read this metric
A significant increase may indicate rising product quality issues or higher-than-expected repair costs.
Detailed definition
The estimated liability for future costs related to repairing or replacing products under standard warranty terms. This...
Peer comparison
Standard for all manufacturing companies providing product warranties.
Metric ID:
standard_product_warranty_accrualHistorical Data
20 periods
| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.60M | $20.60M | $17.70M | $17.00M | $15.50M | $14.20M | $14.30M | $13.50M | $14.20M | $13.80M | $14.00M | $15.30M | $15.70M | $16.80M | $16.70M | $17.90M | $18.60M | $22.20M | $23.50M | $30.00M |
| QoQ Change | — | -12.7% | -14.1% | -4.0% | -8.8% | -8.4% | +0.7% | -5.6% | +5.2% | -2.8% | +1.4% | +9.3% | +2.6% | +7.0% | -0.6% | +7.2% | +3.9% | +19.4% | +5.9% | +27.7% |
| YoY Change | — | — | — | — | -34.3% | -31.1% | -19.2% | -20.6% | -8.4% | -2.8% | -2.1% | +13.3% | +10.6% | +21.7% | +19.3% | +17.0% | +18.5% | +32.1% | +40.7% | +67.6% |
Range$13.50M – $30.00M
CAGR+5.2%
Avg YoY Growth+7.6%
Median YoY Growth+11.9%
Current Streak5 quarters growth
Standard Product Warranty Accrual at Other Companies
Frequently Asked Questions
- What is ITT's standard product warranty accrual?
- ITT (ITT) reported standard product warranty accrual of $30.00M in Q1 2026.
- How has ITT's standard product warranty accrual changed year-over-year?
- ITT's standard product warranty accrual increased by 67.6% year-over-year, from $17.90M to $30.00M.
- What is the long-term trend for ITT's standard product warranty accrual?
- Over 5 years (2020 to 2025), ITT's standard product warranty accrual has grown at a 0.3% compound annual growth rate (CAGR), from $23.10M to $23.50M.
- What does standard product warranty accrual mean?
- Money set aside to cover the expected costs of fixing products under warranty.