Discontinued — last reported Q3 '19
Otis Worldwide Standard and Extended Product Warranty Accrual decreased by 10.0% to $9.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 40.0%, from $15.00M to $9.00M. Over 5 years (FY 2020 to FY 2025), Standard and Extended Product Warranty Accrual shows a downward trend with a -16.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may suggest declining product quality or higher expected repair costs, while a decrease suggests improved reliability.
This represents the estimated liability for future costs associated with repairing or replacing products under warranty....
Standard for manufacturing and hardware companies; benchmarked against revenue.
other_product_warranty_accrual| 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 | $23.00M | $21.00M | $20.00M | $17.00M | $14.00M | $13.00M | $13.00M | $13.00M | $13.00M | $10.00M | $12.00M | $11.00M | $11.00M | $13.00M | $16.00M | $15.00M | $12.00M | $11.00M | $10.00M | $9.00M |
| QoQ Change | — | -8.7% | -4.8% | -15.0% | -17.6% | -7.1% | +0.0% | +0.0% | +0.0% | -23.1% | +20.0% | -8.3% | +0.0% | +18.2% | +23.1% | -6.3% | -20.0% | -8.3% | -9.1% | -10.0% |
| YoY Change | — | — | — | — | -39.1% | -38.1% | -35.0% | -23.5% | -7.1% | -23.1% | -7.7% | -15.4% | -15.4% | +30.0% | +33.3% | +36.4% | +9.1% | -15.4% | -37.5% | -40.0% |