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

Otis Worldwide has reported Research & Development over the past 8 years, most recently at $38.0 million for Q1 2026.

  • Quarterly Research & Development rose 2.7% to $38.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $153.0 million through Mar 2026, changed 0.0% year-over-year, with the annual reading at $152.0 million for FY2025, 0.0% changed from the prior year.
  • Research & Development was $38.0 million for Q1 2026 at Otis Worldwide, down 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.
  • The 5-year median for Research & Development is $37.0 million (2022), against an average of $37.4 million.
  • Year-over-year, Research & Development dropped 17.39% in 2022 and then rose 11.11% in 2024.
  • A 5-year view of Research & Development shows it stood at $38.0 million in 2022, then decreased by 2.63% to $37.0 million in 2023, then changed by 0.0% to $37.0 million in 2024, then grew by 10.81% to $41.0 million in 2025, then dropped by 7.32% to $38.0 million in 2026.
  • Per Business Quant, the three most recent readings for OTIS's Research & Development are $38.0 million (Q1 2026), $41.0 million (Q4 2025), and $36.0 million (Q3 2025).