Otis Worldwide (OTIS) Operating Expenses (2019 - 2026)
Otis Worldwide (OTIS) reported Operating Expenses of $3.0 billion for Q1 2026, up 6.39% year-over-year from $2.8 billion in Q1 2025, and down 5.31% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $3.0 billion, up 6.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.4 billion (up 3.46% YoY), and the FY2025 annual result was $12.2 billion, up 1.46% from the prior year.
- Operating Expenses eased to $3.0 billion in Q1 2026 per OTIS's latest filing, from $3.2 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $3.2 billion in Q4 2025 and troughed at $2.8 billion in Q3 2022.
- A 5-year average of $3.0 billion and a median of $3.0 billion in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses declined 8.15% in 2022, then increased 6.39% in 2026.
- A 5-year view of Operating Expenses shows it stood at $3.0 billion in 2022, then increased by 4.11% to $3.1 billion in 2023, then climbed by 1.55% to $3.1 billion in 2024, then increased by 2.14% to $3.2 billion in 2025, then slipped by 5.31% to $3.0 billion in 2026.
- Business Quant data shows OTIS's Operating Expenses at $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 | 251.14 Bn | 242.11 Bn | 1.78 Bn | 1.60 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.48 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 1.20 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 1.32 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | - |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 1.41 Bn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 658.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 492.23 Mn |
| 10 | Otis Worldwide | 27.30 Bn | 26.54 Bn | 2.61 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 |