Otis Worldwide (OTIS) Operating Expenses (2019 - 2026)
Otis Worldwide's (OTIS) quarterly Operating Expenses came in at $3.0 billion in Q1 2026, up 6.39% year-on-year from $2.8 billion in Q1 2025, and down 5.31% on a QoQ basis from $3.2 billion in Q4 2025.
Otis Worldwide (OTIS) Operating Expenses (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has 8 years of Operating Expenses data on file, last reported at $3.0 billion in Q1 2026.
- On a quarterly basis, Operating Expenses rose 6.39% year-over-year to $3.0 billion in Q1 2026; TTM through Mar 2026 was $12.4 billion, a 3.46% increase from a year earlier, with the FY2025 full-year figure at $12.2 billion, up 1.46% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.0 billion, down from $3.2 billion in the prior quarter.
- Over the last five years, Operating Expenses for OTIS reached as high as $3.2 billion in Q4 2025 and fell as low as $2.8 billion in Q3 2022.
- Historically, Operating Expenses has averaged $3.0 billion across 5 years, with a median of $3.0 billion in 2022.
- Across the five-year window, Operating Expenses slipped 8.15% in 2022 and climbed 6.39% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $3.0 billion in 2022, then advanced by 4.11% to $3.1 billion in 2023, then rose by 1.55% to $3.1 billion in 2024, then advanced by 2.14% to $3.2 billion in 2025, then fell by 5.31% to $3.0 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.0 billion in Q1 2026, $3.2 billion in Q4 2025, and $3.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 1.48 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 1.20 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 1.32 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | - |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 1.41 Bn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 658.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 370.70 Mn |
| 10 | Otis Worldwide | 27.96 Bn | 27.13 Bn | 2.04 Bn | 3.03 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.03 Bn |
| Dec 31, 2025 | 3.20 Bn |
| Sep 30, 2025 | 3.10 Bn |
| Jun 30, 2025 | 3.04 Bn |
| Mar 31, 2025 | 2.85 Bn |
| Dec 31, 2024 | 3.14 Bn |
| Sep 30, 2024 | 2.97 Bn |
| Jun 30, 2024 | 3.01 Bn |
| Mar 31, 2024 | 2.91 Bn |
| Dec 31, 2023 | 3.09 Bn |
| Sep 30, 2023 | 2.97 Bn |
| Jun 30, 2023 | 3.15 Bn |
| Mar 31, 2023 | 2.84 Bn |
| Dec 31, 2022 | 2.97 Bn |
| Sep 30, 2022 | 2.83 Bn |
| Jun 30, 2022 | 2.98 Bn |
| Mar 31, 2022 | 2.90 Bn |
| Dec 31, 2021 | 3.08 Bn |
| Sep 30, 2021 | 3.08 Bn |
| Jun 30, 2021 | 3.15 Bn |