Otis Worldwide (OTIS) Operating Expenses (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Operating Expenses of $3.3 billion for 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.
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.
- In Q2 2026, Operating Expenses rose 7.85% year-over-year to $3.3 billion; the TTM figure through Jun 2026 stood at $12.6 billion (up 5.17% YoY), while the FY2025 annual figure was $12.2 billion, up 1.46% from the prior year.
- Operating Expenses climbed to $3.3 billion in Q2 2026 per OTIS's latest filing, from $3.0 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $3.3 billion in Q2 2026 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses declined 8.15% — and 2026, when it climbed 7.85%.
- Otis Worldwide's Operating Expenses stood at $3.0 billion in 2022, then rose by 4.11% to $3.1 billion in 2023, then grew by 1.55% to $3.1 billion in 2024, then rose by 2.14% to $3.2 billion in 2025, then increased by 2.5% to $3.3 billion in 2026.
- Business Quant data shows OTIS's Operating Expenses at $3.3 billion in Q2 2026, $3.0 billion in Q1 2026, and $3.2 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.92 Bn | 243.80 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 163.20 Bn | 162.51 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 126.62 Bn | 126.14 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 87.93 Bn | 85.75 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.22 Bn | 76.55 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.97 Bn | 80.13 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.80 Bn | 54.30 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 48.55 Bn | 48.07 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 31.40 Bn | 30.23 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Otis Worldwide | 27.40 Bn | 26.59 Bn | 1.14 Bn | 3.28 Bn |
Historic Data
Download 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 |