Otis Worldwide (OTIS) Research & Development (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Research & Development of $39.0 million for Q2 2026, up 2.63% year-over-year from $38.0 million in Q2 2025, and up 2.63% quarter-over-quarter from $38.0 million in Q1 2026.
Otis Worldwide (OTIS) Research & Development (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Research & Development for 8 consecutive years, with $39.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 2.63% year-over-year to $39.0 million; the TTM figure through Jun 2026 stood at $154.0 million (up 1.32% YoY), while the FY2025 annual figure was $152.0 million, changed 0.0% from the prior year.
- Research & Development climbed to $39.0 million in Q2 2026 per OTIS's latest filing, from $38.0 million in the prior quarter.
- Across five years, Research & Development topped out at $41.0 million in Q4 2025 and bottomed at $35.0 million in Q1 2023.
- Historically, Research & Development has averaged $37.5 million across 5 years, with a median of $37.0 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development dropped 17.39% — and 2024, when it climbed 11.11%.
- Otis Worldwide's Research & Development stood at $38.0 million in 2022, then fell by 2.63% to $37.0 million in 2023, then changed by 0.0% to $37.0 million in 2024, then advanced by 10.81% to $41.0 million in 2025, then declined by 4.88% to $39.0 million in 2026.
- Business Quant data shows OTIS's Research & Development at $39.0 million in Q2 2026, $38.0 million in Q1 2026, and $41.0 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 385.00 Mn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 173.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | - |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 39.00 Mn |
Historic Data
Download 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 |