Otis Worldwide (OTIS) Research & Development (2019 - 2026)
Otis Worldwide (OTIS) recorded Research & Development of $39 million in Q2 2026, up 2.6% from $38 million a year earlier and up 2.6% from the prior quarter.
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Analysis
Otis Worldwide (OTIS) Research & Development (2019 - 2026) Analysis & Trends
On a TTM basis, Otis Worldwide's Research & Development came in at $154 million as of Jun 30, 2026, up 1.3% year-over-year; for FY2025, it came in at $152 million, unchanged from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $152 million in FY2024 (+5.6%), $144 million in FY2023 (-4.0%), $150 million in FY2022 (-5.7%) and $159 million in FY2021 (+4.6%).
- Quarterly Research & Development has ranged from $35 million in Q1 2023 to $46 million in Q4 2021 over the past five years.
- On a year-over-year basis, Research & Development has increased for three consecutive quarters, with growth averaging 2.2% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 15.0% in Q4 2021, against a decline of 17.4% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $38 million (Q1 2026), $41 million (Q4 2025) and $36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn | - |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn | 148.00 Mn |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn | 39.00 Mn |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn | 15.40 Mn |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | - |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | - |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn | 11.40 Mn |
| 10 | Lennox International | 12.73 Bn | 12.54 Bn | 539.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.00 Mn |
| Mar 31, 2026 | 38.00 Mn |
| Dec 31, 2025 | 41.00 Mn |
| Sep 30, 2025 | 36.00 Mn |
| Jun 30, 2025 | 38.00 Mn |
| Mar 31, 2025 | 37.00 Mn |
| Dec 31, 2024 | 37.00 Mn |
| Sep 30, 2024 | 40.00 Mn |
| Jun 30, 2024 | 39.00 Mn |
| Mar 31, 2024 | 36.00 Mn |
| Dec 31, 2023 | 37.00 Mn |
| Sep 30, 2023 | 36.00 Mn |
| Jun 30, 2023 | 36.00 Mn |
| Mar 31, 2023 | 35.00 Mn |
| Dec 31, 2022 | 38.00 Mn |
| Sep 30, 2022 | 37.00 Mn |
| Jun 30, 2022 | 38.00 Mn |
| Mar 31, 2022 | 37.00 Mn |
| Dec 31, 2021 | 46.00 Mn |
| Sep 30, 2021 | 39.00 Mn |
API Access
Otis Worldwide Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=OTIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "OTIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=OTIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();