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.

• On a quarterly basis, Research & Development rose 2.7% year-over-year to $38.0 million in Q1 2026; TTM through Mar 2026 was $153.0 million, a 0.0% change from a year earlier, with the FY2025 full-year figure at $152.0 million, changed 0.0% from the prior year.
• Research & Development for Q1 2026 stood at $38.0 million, down from $41.0 million in the prior quarter.
• Over the last five years, Research & Development for OTIS reached as high as $41.0 million in Q4 2025 and fell as low as $35.0 million in Q1 2023.
• Historically, Research & Development has averaged $37.4 million across 5 years, with a median of $37.0 million in 2022.
• Across the five-year window, Research & Development decreased 17.39% in 2022 and gained 11.11% in 2024, its largest moves.
• Year by year, Research & Development 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 data, the three most recent Research & Development figures were $38.0 million in Q1 2026, $41.0 million in Q4 2025, and $36.0 million in Q3 2025.