Otis Worldwide OTIS
NYSE OTIS
$71.49 -0.28 (-0.39%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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