Contract with Customer, Liability
Otis Worldwide Contract with Customer, Liability increased by 18.6% to $3.13B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $2.91B to $3.13B. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows relatively stable performance with a 0.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase often signals strong future revenue visibility, while a decrease may indicate the fulfillment of service obligations.
Detailed definition
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Peer comparison
Common in businesses with subscription or recurring service models where upfront payments are standard.
other_contract_with_customer_liabilityHistorical 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 | $2.86B | $2.80B | $2.73B | $2.98B | $2.79B | $2.75B | $2.71B | $3.03B | $2.93B | $2.83B | $2.74B | $2.99B | $2.84B | $2.83B | $2.64B | $2.91B | $2.85B | $2.83B | $2.64B | $3.13B |
| QoQ Change | — | -1.8% | -2.8% | +9.4% | -6.6% | -1.1% | -1.5% | +11.7% | -3.2% | -3.5% | -3.1% | +9.1% | -5.0% | -0.5% | -6.8% | +10.3% | -2.1% | -0.7% | -6.7% | +18.6% |
| YoY Change | — | — | — | — | -2.4% | -1.8% | -0.4% | +1.7% | +5.3% | +2.8% | +1.1% | -1.3% | -3.1% | -0.1% | -3.9% | -2.9% | +0.2% | +0.0% | +0.2% | +7.6% |
Contract with Customer, Liability at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's contract with customer, liability?
- Otis Worldwide (OTIS) reported contract with customer, liability of $3.13B in Q1 2026.
- How has Otis Worldwide's contract with customer, liability changed year-over-year?
- Otis Worldwide's contract with customer, liability increased by 7.6% year-over-year, from $2.91B to $3.13B.
- What is the long-term trend for Otis Worldwide's contract with customer, liability?
- Over 5 years (2020 to 2025), Otis Worldwide's contract with customer, liability has grown at a 0.4% compound annual growth rate (CAGR), from $2.59B to $2.64B.
- What does contract with customer, liability mean?
- Payments received from customers for services that have not yet been delivered.