Otis Worldwide (OTIS) Research & Development (2019 - 2026)

Otis Worldwide (OTIS) has 8 years of Research & Development data on file, last reported at $38.0 million in Q1 2026.

• Research & Development for Q1 2026 came in at $38.0 million, up 2.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $153.0 million (changed 0.0% YoY), and the FY2025 annual result was $152.0 million, changed 0.0% from the prior year.
• Research & Development eased to $38.0 million in Q1 2026 per OTIS's latest filing, from $41.0 million in the prior quarter.
• Over five years, Research & Development peaked at $41.0 million in Q4 2025 and troughed at $35.0 million in Q1 2023.
• A 5-year average of $37.4 million and a median of $37.0 million in 2022 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2024: Research & Development dropped 17.39% in 2022, then climbed 11.11% in 2024.
• A 5-year view of Research & Development shows it stood at $38.0 million in 2022, then declined by 2.63% to $37.0 million in 2023, then changed by 0.0% to $37.0 million in 2024, then gained by 10.81% to $41.0 million in 2025, then retreated by 7.32% to $38.0 million in 2026.
• Business Quant data shows OTIS's Research & Development at $38.0 million in Q1 2026, $41.0 million in Q4 2025, and $36.0 million in Q3 2025.