Otis Worldwide (OTIS) Cost of Revenue (2019 - 2026)

Otis Worldwide (OTIS) reported Cost of Revenue of $958.0 million for Q1 2026, down 29.71% year-over-year from $1.4 billion in Q1 2025, and down 83.25% quarter-over-quarter from $5.7 billion in Q4 2025.

Otis Worldwide (OTIS) Cost of Revenue (2019 - 2026) Analysis & Trends

Otis Worldwide (OTIS) has 8 years of Cost of Revenue data on file, last reported at $958.0 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $958.0 million, down 29.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.8 billion (up 36.08% YoY), and the FY2025 annual result was $10.0 billion, up 81.04% from the prior year.
  • Cost of Revenue slipped to $958.0 million in Q1 2026 per OTIS's latest filing, from $5.7 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $6.4 billion in Q4 2023 and troughed at $958.0 million in Q1 2026.
  • A 5-year average of $1.8 billion and a median of $1.2 billion in 2022 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 435.09% in 2023, then sank 77.1% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $1.2 billion in 2022, then jumped by 435.09% to $6.4 billion in 2023, then slumped by 77.1% to $1.5 billion in 2024, then surged by 290.98% to $5.7 billion in 2025, then tumbled by 83.25% to $958.0 million in 2026.
  • Business Quant data shows OTIS's Cost of Revenue at $958.0 million in Q1 2026, $5.7 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 7.56 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 4.80 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 3.47 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 6.16 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 2.14 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 2.26 Bn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 1.21 Bn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 1.11 Bn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 1.26 Bn
10 Otis Worldwide 27.30 Bn 26.54 Bn 2.61 Bn 958.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 958.00 Mn
Mar 31, 2026 958.00 Mn
Dec 31, 2025 5.72 Bn
Dec 31, 2025 5.72 Bn
Sep 30, 2025 1.05 Bn
Sep 30, 2025 1.05 Bn
Jun 30, 2025 1.06 Bn
Jun 30, 2025 1.06 Bn
Mar 31, 2025 1.36 Bn
Mar 31, 2025 1.36 Bn
Dec 31, 2024 1.46 Bn
Dec 31, 2024 1.46 Bn
Sep 30, 2024 2.47 Bn
Sep 30, 2024 2.47 Bn
Jun 30, 2024 1.17 Bn
Jun 30, 2024 1.17 Bn
Mar 31, 2024 1.34 Bn
Mar 31, 2024 1.34 Bn
Dec 31, 2023 6.39 Bn
Dec 31, 2023 6.39 Bn