Skip to content
Operating

Increase (Decrease) in Contract with Customer, Asset

Otis Worldwide Increase (Decrease) in Contract with Customer, Asset decreased by 596.6% to -$432M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 66.2%, from -$260M to -$432M.

Analysis

StatementCash Flow Statement
SectionOperating
First reportedQ1 2018
Last reportedQ1 2026Apr 23, 2026
Metric ID: operating_increase_decrease_in_contract_with_customer_asset

Historical Data

9 periods
 Q1 '22Q3 '22Q1 '23Q4 '23Q1 '24Q4 '24Q1 '25Q4 '25Q1 '26
Value-$278M-$9M-$263M$98M-$275M$63M-$260M$87M-$432M
QoQ Change+96.8%<-999%+137.3%-380.6%+122.9%-512.7%+133.5%-596.6%
YoY Change+5.4%-4.6%-35.7%+5.5%+38.1%-66.2%
Range-$432M$98M
CAGR+24.7%
Avg YoY Growth-9.6%
Median YoY Growth+0.4%

Increase (Decrease) in Contract with Customer, Asset at Other Companies

Frequently Asked Questions

What is Otis Worldwide's increase (decrease) in contract with customer, asset?
Otis Worldwide (OTIS) reported increase (decrease) in contract with customer, asset of -$432M in Q1 2026.
How has Otis Worldwide's increase (decrease) in contract with customer, asset changed year-over-year?
Otis Worldwide's increase (decrease) in contract with customer, asset decreased by 66.2% year-over-year, from -$260M to -$432M.