What is Otis Worldwide's deferred revenue?

Otis Worldwide (OTIS) reported deferred revenue of $3.02B in Q2 2026.

How has Otis Worldwide's deferred revenue changed year-over-year?

Otis Worldwide's deferred revenue increased by 7.4% year-over-year, from $2.82B to $3.02B.

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?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Otis Worldwide OTIS Deferred Revenue

Deferred Revenue at other companies

The Manitowoc CompanyMTW

$22M-11.6%

Comfort Systems USAFIX

$3.23B+109%

OshkoshOSK

$763.8M+27.7%

AllegionALLE

$56.4M+21.6%

Limbach Holdings, Inc.LMB

$18.06M-55.0%

Columbus McKinnon CorporationCMCO

$19.89M+28.3%

Other financials

Income statement

See full

Revenue$3.9B+7.3%

Operating income$575.0M+5.1%

Net income$428.0M+8.9%

EPS (diluted)$1.12+13.1%

Balance sheet

See full

Cash & equivalents$849.0M+20.8%

Total debt$7.7B-3.9%

Total equity-$5.7B-7.1%

Total assets$11.2B+6.3%

Cash flow

See full

Operating cash flow$267.0M+24.2%

CapEx$44.0M+22.2%

Free cash flow$223.0M+24.6%

Valuation

See full

Market cap$28.02B-17.7%

Enterprise value$34.84B-15.7%

P/E18.5×-4.0×

P/S1.9×-0.5×

Profitability

See full

Operating margin15.4%+2.3pp

Net margin10.2%-0.5pp

FCF margin11.5%+2.0pp

Returns & leverage

See full

Return on equity60.1%—

Debt / equity0.3×—

Current ratio0.8×0.0×

Where this comes from

Reported directly by Otis Worldwide in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Otis Worldwide’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

Ask your AI about Otis Worldwide's deferred revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Otis Worldwide's deferred revenue?: Otis Worldwide (OTIS) reported deferred revenue of $3.02B in Q2 2026.
How has Otis Worldwide's deferred revenue changed year-over-year?: Otis Worldwide's deferred revenue increased by 7.4% year-over-year, from $2.82B to $3.02B.
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?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.