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

Otis Worldwide (OTIS) has reported Research & Development for 8 consecutive years, with $39.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development rose 2.63% year-over-year to $39.0 million in Q2 2026; TTM through Jun 2026 was $154.0 million, a 1.32% increase from a year earlier, with the FY2025 full-year figure at $152.0 million, changed 0.0% from the prior year.
• Research & Development was $39.0 million for Q2 2026 at Otis Worldwide, up from $38.0 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 $37.5 million and a median of $37.0 million in 2022 frame the typical range for Research & Development.
• Across the five-year window, Research & Development slipped 17.39% in 2022 and advanced 11.11% in 2024, its largest moves.
• Over 5 years, Research & Development stood at $38.0 million in 2022, then dropped by 2.63% to $37.0 million in 2023, then changed by 0.0% to $37.0 million in 2024, then rose by 10.81% to $41.0 million in 2025, then slipped by 4.88% to $39.0 million in 2026.
• The last three Research & Development figures came in at $39.0 million (Q2 2026), $38.0 million (Q1 2026), and $41.0 million (Q4 2025), per Business Quant data.