Otis Worldwide (OTIS) Cost of Revenue (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Cost of Revenue of $2.7 billion for Q2 2026, up 8.76% year-over-year from $2.5 billion in Q2 2025, and up 9.63% quarter-over-quarter from $2.5 billion in Q1 2026.
Otis Worldwide (OTIS) Cost of Revenue (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Cost of Revenue for 8 consecutive years, with $2.7 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 8.76% year-over-year to $2.7 billion; the TTM figure through Jun 2026 stood at $10.4 billion (up 5.16% YoY), while the FY2025 annual figure was $10.0 billion, changed 0.41% from the prior year.
- Cost of Revenue improved to $2.7 billion in Q2 2026 per OTIS's latest filing, from $2.5 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $6.2 billion in Q4 2023 and bottomed at $1.2 billion in Q3 2022.
- Historically, Cost of Revenue has averaged $2.5 billion across 5 years, with a median of $2.5 billion in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 355.78% — and 2024, when it plunged 58.02%.
- Otis Worldwide's Cost of Revenue stood at $6.0 billion in 2022, then gained by 3.53% to $6.2 billion in 2023, then slumped by 58.02% to $2.6 billion in 2024, then gained by 2.12% to $2.6 billion in 2025, then gained by 2.87% to $2.7 billion in 2026.
- Business Quant data shows OTIS's Cost of Revenue at $2.7 billion in Q2 2026, $2.5 billion in Q1 2026, and $2.6 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 8.74 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 5.68 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 3.47 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 2.22 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 6.99 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 2.40 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 1.31 Bn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 1.17 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 1.19 Bn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | 2.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.72 Bn |
| Jun 30, 2026 | 2.72 Bn |
| Mar 31, 2026 | 2.48 Bn |
| Mar 31, 2026 | 2.48 Bn |
| Dec 31, 2025 | 2.64 Bn |
| Dec 31, 2025 | 2.64 Bn |
| Sep 30, 2025 | 2.55 Bn |
| Sep 30, 2025 | 2.55 Bn |
| Jun 30, 2025 | 2.50 Bn |
| Jun 30, 2025 | 2.50 Bn |
| Mar 31, 2025 | 2.33 Bn |
| Mar 31, 2025 | 2.33 Bn |
| Dec 31, 2024 | 2.59 Bn |
| Dec 31, 2024 | 2.59 Bn |
| Sep 30, 2024 | 2.47 Bn |
| Sep 30, 2024 | 2.47 Bn |
| Jun 30, 2024 | 2.52 Bn |
| Jun 30, 2024 | 2.52 Bn |
| Mar 31, 2024 | 2.40 Bn |
| Mar 31, 2024 | 2.40 Bn |