Deferred Revenue
Otis Worldwide Deferred Revenue increased by 18.7% to $3.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $2.87B to $3.10B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows relatively stable performance with a 0.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.82B | $2.76B | $2.67B | $2.93B | $2.74B | $2.71B | $2.66B | $2.98B | $2.89B | $2.78B | $2.70B | $2.95B | $2.80B | $2.79B | $2.60B | $2.87B | $2.82B | $2.80B | $2.61B | $3.10B |
| QoQ Change | — | -2.0% | -3.0% | +9.6% | -6.6% | -1.2% | -1.6% | +12.1% | -3.2% | -3.6% | -3.2% | +9.5% | -5.0% | -0.6% | -6.8% | +10.5% | -1.9% | -0.6% | -6.8% | +18.7% |
| YoY Change | — | — | — | — | -2.7% | -1.9% | -0.4% | +1.8% | +5.5% | +2.9% | +1.3% | -1.1% | -2.9% | +0.1% | -3.6% | -2.7% | +0.4% | +0.5% | +0.5% | +8.0% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's deferred revenue?
- Otis Worldwide (OTIS) reported deferred revenue of $3.10B in Q1 2026.
- How has Otis Worldwide's deferred revenue changed year-over-year?
- Otis Worldwide's deferred revenue increased by 8.0% year-over-year, from $2.87B to $3.10B.
- What is the long-term trend for Otis Worldwide's deferred revenue?
- Over 5 years (2020 to 2025), Otis Worldwide's deferred revenue has grown at a 0.5% compound annual growth rate (CAGR), from $2.54B to $2.61B.
- 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.