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

Otis Worldwide's (OTIS) quarterly Cost of Revenue came in at $1.5 billion in Q1 2026, up 56.25% year-on-year from $976.0 million in Q1 2025, and down 45.22% on a QoQ basis from $2.8 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 $1.5 billion in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 56.25% year-over-year to $1.5 billion in Q1 2026; TTM through Mar 2026 was $6.8 billion, a 29.88% increase from a year earlier, with the FY2025 full-year figure at $5.9 billion, up 31.89% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $1.5 billion, down from $2.8 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for OTIS reached as high as $2.8 billion in Q4 2025 and fell as low as $366.0 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $1.4 billion across 5 years, with a median of $1.3 billion in 2023.
  • Across the five-year window, Cost of Revenue slumped 76.42% in 2024 and jumped 660.66% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $1.2 billion in 2022, then surged by 33.1% to $1.6 billion in 2023, then slumped by 76.42% to $366.0 million in 2024, then soared by 660.66% to $2.8 billion in 2025, then plunged by 45.22% to $1.5 billion in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $1.5 billion in Q1 2026, $2.8 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 270.93 Bn 257.81 Bn 2.36 Bn 8.74 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 4.80 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 3.47 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 6.16 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 2.14 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 2.26 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.21 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 1.11 Bn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 1.05 Bn
10 Otis Worldwide 27.96 Bn 27.13 Bn 2.04 Bn 1.53 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.53 Bn
Mar 31, 2026 1.53 Bn
Dec 31, 2025 2.78 Bn
Dec 31, 2025 2.78 Bn
Sep 30, 2025 1.05 Bn
Sep 30, 2025 1.05 Bn
Jun 30, 2025 1.44 Bn
Jun 30, 2025 1.44 Bn
Mar 31, 2025 976.00 Mn
Mar 31, 2025 976.00 Mn
Dec 31, 2024 366.00 Mn
Dec 31, 2024 366.00 Mn
Sep 30, 2024 1.38 Bn
Sep 30, 2024 1.38 Bn
Jun 30, 2024 2.52 Bn
Jun 30, 2024 2.52 Bn
Mar 31, 2024 1.07 Bn
Mar 31, 2024 1.07 Bn
Dec 31, 2023 1.55 Bn
Dec 31, 2023 1.55 Bn