Otis Worldwide (OTIS) Operating Expenses (2018 - 2025)

Otis Worldwide (OTIS) posted annual Operating Expenses of $12.2 billion for FY2025, up 1.46% year-over-year from $12.0 billion in FY2024.

Otis Worldwide (OTIS) Operating Expenses (2018 - 2025) Analysis & Trends

Otis Worldwide (OTIS) has reported Operating Expenses for 8 consecutive years, with $12.2 billion the latest figure, recorded in FY2025.

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 grew to $12.2 billion in FY2025 per OTIS's latest filing, from $12.0 billion in the prior year.
Across five years, Operating Expenses topped out at $12.2 billion in FY2021 and bottomed at $11.7 billion in FY2022.
Historically, Operating Expenses has averaged $12.0 billion across 5 years, with a median of $12.0 billion in 2023.
Annual changes were most pronounced in 2021 — Operating Expenses rose 10.49% — and 2022, when it dropped 4.37%.
Otis Worldwide's Operating Expenses stood at $12.2 billion in 2021, then slipped by 4.37% to $11.7 billion in 2022, then rose by 3.13% to $12.0 billion in 2023, then declined by 0.22% to $12.0 billion in 2024, then rose by 1.46% to $12.2 billion in 2025.
Business Quant data shows OTIS's Operating Expenses at $12.2 billion in FY2025, $12.0 billion in FY2024, and $12.0 billion in FY2023.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Opex (Yr)
1	GE Vernova	256.94 Bn	243.82 Bn	2.36 Bn	-
2	Eaton	163.14 Bn	162.45 Bn	2.86 Bn	-
3	Parker-Hannifin	126.50 Bn	126.02 Bn	2.02 Bn	-
4	Emerson Electric	87.87 Bn	85.69 Bn	2.66 Bn	-
5	Cummins	81.13 Bn	76.46 Bn	2.47 Bn	-
6	Illinois Tool Works	80.86 Bn	80.02 Bn	1.90 Bn	-
7	Ametek	54.87 Bn	54.38 Bn	735.04 Mn	-
8	Rockwell Automation	48.51 Bn	48.03 Bn	1.14 Bn	-
9	Ingersoll Rand	31.31 Bn	30.14 Bn	862.60 Mn	-
10	Otis Worldwide	27.38 Bn	26.57 Bn	1.14 Bn	-

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