Otis Worldwide (OTIS) Current Deferred Revenue (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Current Deferred Revenue of $3.0 billion for Q2 2026, up 7.06% year-over-year from $2.8 billion in Q2 2025, and down 2.59% quarter-over-quarter from $3.1 billion in Q1 2026.
Otis Worldwide (OTIS) Current Deferred Revenue (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Current Deferred Revenue for 8 consecutive years, with $3.0 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Current Deferred Revenue rose 7.06% year-over-year to $3.0 billion; the TTM figure through Jun 2026 stood at $3.0 billion (up 7.06% YoY), while the FY2025 annual figure was $2.6 billion, changed 0.15% from the prior year.
- Current Deferred Revenue retreated to $3.0 billion in Q2 2026 per OTIS's latest filing, from $3.1 billion in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $3.1 billion in Q1 2026 and bottomed at $2.6 billion in Q4 2024.
- Historically, Current Deferred Revenue has averaged $2.9 billion across 5 years, with a median of $2.8 billion in 2023.
- Annual changes were most pronounced in 2024 — Current Deferred Revenue fell 3.94% — and 2026, when it rose 7.63%.
- Otis Worldwide's Current Deferred Revenue stood at $2.7 billion in 2022, then climbed by 1.11% to $2.7 billion in 2023, then decreased by 3.94% to $2.6 billion in 2024, then rose by 0.15% to $2.6 billion in 2025, then advanced by 15.49% to $3.0 billion in 2026.
- Business Quant data shows OTIS's Current Deferred Revenue at $3.0 billion in Q2 2026, $3.1 billion in Q1 2026, and $2.6 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.05 Bn |
| Mar 31, 2026 | 3.13 Bn |
| Dec 31, 2025 | 2.64 Bn |
| Sep 30, 2025 | 2.83 Bn |
| Jun 30, 2025 | 2.85 Bn |
| Mar 31, 2025 | 2.91 Bn |
| Dec 31, 2024 | 2.64 Bn |
| Sep 30, 2024 | 2.83 Bn |
| Jun 30, 2024 | 2.84 Bn |
| Mar 31, 2024 | 2.99 Bn |
| Dec 31, 2023 | 2.74 Bn |
| Sep 30, 2023 | 2.83 Bn |
| Jun 30, 2023 | 2.93 Bn |
| Mar 31, 2023 | 3.03 Bn |
| Dec 31, 2022 | 2.71 Bn |
| Sep 30, 2022 | 2.75 Bn |
| Jun 30, 2022 | 2.79 Bn |
| Mar 31, 2022 | 2.98 Bn |
| Dec 31, 2021 | 2.73 Bn |
| Sep 30, 2021 | 2.80 Bn |