Otis Worldwide (OTIS) Operating Expenses (2019 - 2026)
Otis Worldwide's (OTIS) quarterly Operating Expenses came in at $3.3 billion in Q2 2026, up 7.85% year-over-year from $3.0 billion in Q2 2025, and up 8.25% quarter-over-quarter from $3.0 billion in Q1 2026.
Analysis
Otis Worldwide (OTIS) Operating Expenses (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Operating Expenses for 8 consecutive years, with $3.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 7.85% year-over-year to $3.3 billion in Q2 2026; TTM through Jun 2026 was $12.6 billion, a 5.17% increase from a year earlier, with the FY2025 full-year figure at $12.2 billion, up 1.46% from the prior year.
- Operating Expenses was $3.3 billion for Q2 2026 at Otis Worldwide, up from $3.0 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $3.3 billion in Q2 2026 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.
- Across the five-year window, Operating Expenses dropped 8.15% in 2022 and advanced 7.85% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $3.0 billion in 2022, then grew by 4.11% to $3.1 billion in 2023, then advanced by 1.55% to $3.1 billion in 2024, then grew by 2.14% to $3.2 billion in 2025, then climbed by 2.5% to $3.3 billion in 2026.
- The last three Operating Expenses figures came in at $3.3 billion (Q2 2026), $3.0 billion (Q1 2026), and $3.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 25.97 Bn | 25.15 Bn | 1.14 Bn | 3.28 Bn |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 327.40 Mn |
| 3 | Masco | 13.46 Bn | 12.91 Bn | 868.00 Mn | 397.00 Mn |
| 4 | Carlisle Companies | 13.28 Bn | 12.61 Bn | 568.40 Mn | 210.70 Mn |
| 5 | Allegion | 12.97 Bn | 12.65 Bn | 517.50 Mn | 262.80 Mn |
| 6 | Owens Corning | 10.23 Bn | 9.96 Bn | 793.00 Mn | 311.00 Mn |
| 7 | Advanced Drainage Systems | 9.72 Bn | 9.56 Bn | 408.05 Mn | 130.82 Mn |
| 8 | Acuity Inc. (De) | 9.58 Bn | 9.17 Bn | 606.40 Mn | 413.10 Mn |
| 9 | Zurn Elkay Water Solutions | 7.59 Bn | 7.23 Bn | 288.30 Mn | 121.30 Mn |
| 10 | Simpson Manufacturing | 7.07 Bn | 6.62 Bn | 318.19 Mn | 154.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.28 Bn |
| 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 |