Otis Worldwide (OTIS) Gross Margin (2019 - 2026)

Otis Worldwide (OTIS) has 8 years of Gross Margin data on file, last reported at 57.23% in Q1 2026.

• On a quarterly basis, Gross Margin fell 1363.0% year-over-year to 57.23% in Q1 2026; TTM through Mar 2026 was 53.56%, a 949.0% decrease from a year earlier, with the FY2025 full-year figure at 59.39%, down 945.0% from the prior year.
• Gross Margin for Q1 2026 stood at 57.23%, up from 26.66% in the prior quarter.
• Over the last five years, Gross Margin for OTIS reached as high as 90.04% in Q4 2024 and fell as low as 26.66% in Q4 2025.
• Historically, Gross Margin has averaged 61.54% across 5 years, with a median of 64.81% in 2023.
• Across the five-year window, Gross Margin jumped 3291 bps in 2024 and tumbled 6338 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 66.09% in 2022, then slipped by 14 bps to 57.13% in 2023, then surged by 58 bps to 90.04% in 2024, then plunged by 70 bps to 26.66% in 2025, then soared by 115 bps to 57.23% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 57.23% in Q1 2026, 26.66% in Q4 2025, and 71.46% in Q3 2025.