Otis Worldwide (OTIS) Other Operating Expenses (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Other Operating Expenses of -$2.0 million for Q2 2026, up 60.0% year-over-year from -$1.2 million in Q2 2025, and down 140.0% quarter-over-quarter from $5.0 million in Q1 2026.
Otis Worldwide (OTIS) Other Operating Expenses (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Other Operating Expenses for 8 consecutive years, with -$2.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Other Operating Expenses rose 60.0% year-over-year to -$2.0 million; the TTM figure through Jun 2026 stood at -$9.0 million (up 97.21% YoY), while the FY2025 annual figure was -$106.0 million, up 55.08% from the prior year.
- Other Operating Expenses slipped to -$2.0 million in Q2 2026 per OTIS's latest filing, from $5.0 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $17.0 million in Q4 2022 and bottomed at -$220.0 million in Q3 2024.
- Historically, Other Operating Expenses has averaged -$16.2 million across 5 years, with a median of -$3.5 million in 2025.
- Annual changes were most pronounced in 2022 — Other Operating Expenses soared 183.33% — and 2024, when it tumbled 1792.31%.
- Otis Worldwide's Other Operating Expenses stood at $17.0 million in 2022, then plunged by 164.71% to -$11.0 million in 2023, then grew by 18.18% to -$9.0 million in 2024, then surged by 44.44% to -$5.0 million in 2025, then soared by 60.0% to -$2.0 million in 2026.
- Business Quant data shows OTIS's Other Operating Expenses at -$2.0 million in Q2 2026, $5.0 million in Q1 2026, and -$5.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.00 Mn |
| Mar 31, 2026 | 5.00 Mn |
| Dec 31, 2025 | -5.00 Mn |
| Sep 30, 2025 | -7.00 Mn |
| Jun 30, 2025 | -5.00 Mn |
| Mar 31, 2025 | -89.00 Mn |
| Dec 31, 2024 | -9.00 Mn |
| Sep 30, 2024 | -220.00 Mn |
| Jun 30, 2024 | -21.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | -11.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | 12.00 Mn |
| Mar 31, 2023 | 7.00 Mn |
| Dec 31, 2022 | 17.00 Mn |
| Sep 30, 2022 | 12.00 Mn |
| Jun 30, 2022 | -19.00 Mn |
| Mar 31, 2022 | 16.00 Mn |
| Dec 31, 2021 | 6.00 Mn |
| Jun 30, 2021 | 9.00 Mn |