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| Date | Value |
|---|---|
| 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 |