Otis Worldwide (OTIS) Net Income (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Net Income of $449.0 million for Q2 2026, up 6.15% year-over-year from $423.0 million in Q2 2025, and up 27.2% quarter-over-quarter from $353.0 million in Q1 2026.
Otis Worldwide (OTIS) Net Income (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Net Income for 8 consecutive years, with $449.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Income rose 6.15% year-over-year to $449.0 million; the TTM figure through Jun 2026 stood at $1.6 billion (down 0.69% YoY), while the FY2025 annual figure was $1.5 billion, down 16.09% from the prior year.
- Net Income improved to $449.0 million in Q2 2026 per OTIS's latest filing, from $353.0 million in the prior quarter.
- Across five years, Net Income topped out at $557.0 million in Q3 2024 and bottomed at $256.0 million in Q1 2025.
- Historically, Net Income has averaged $381.0 million across 5 years, with a median of $363.5 million in 2022.
- Annual changes were most pronounced in 2024 — Net Income surged 41.01% — and 2025, when it plunged 31.55%.
- Otis Worldwide's Net Income stood at $318.0 million in 2022, then grew by 8.18% to $344.0 million in 2023, then rose by 2.62% to $353.0 million in 2024, then climbed by 8.78% to $384.0 million in 2025, then gained by 16.93% to $449.0 million in 2026.
- Business Quant data shows OTIS's Net Income at $449.0 million in Q2 2026, $353.0 million in Q1 2026, and $384.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 649.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 823.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 904.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 718.00 Mn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 968.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 815.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 406.90 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 408.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 258.00 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | 449.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 449.00 Mn |
| Mar 31, 2026 | 353.00 Mn |
| Dec 31, 2025 | 384.00 Mn |
| Sep 30, 2025 | 392.00 Mn |
| Jun 30, 2025 | 423.00 Mn |
| Mar 31, 2025 | 256.00 Mn |
| Dec 31, 2024 | 353.00 Mn |
| Sep 30, 2024 | 557.00 Mn |
| Jun 30, 2024 | 450.00 Mn |
| Mar 31, 2024 | 374.00 Mn |
| Dec 31, 2023 | 344.00 Mn |
| Sep 30, 2023 | 395.00 Mn |
| Jun 30, 2023 | 407.00 Mn |
| Mar 31, 2023 | 352.00 Mn |
| Dec 31, 2022 | 318.00 Mn |
| Sep 30, 2022 | 350.00 Mn |
| Jun 30, 2022 | 348.00 Mn |
| Mar 31, 2022 | 353.00 Mn |
| Dec 31, 2021 | 310.00 Mn |
| Sep 30, 2021 | 379.00 Mn |