Otis Worldwide reported revenue of $3859.00M and net income of $449.00M for the quarter ended Jun 2026, up 7.3% year over year. This income statement covers 30 quarters of results from Mar 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||
| Revenue | 3,620.00M | 3,569.00M | 3,414.00M | 3,488.00M | 3,344.00M | 3,439.00M | 3,346.00M | 3,720.00M | 3,523.00M | 3,620.00M | 3,437.00M | 3,601.00M | 3,548.00M | 3,675.00M | 3,350.00M | 3,595.00M | 3,690.00M | 3,796.00M | 3,566.00M | 3,859.00M | ||||||||||
| Cost of RevenueCost of Rev | 1,381.00M | 1,307.00M | 1,218.00M | 1,291.00M | 1,208.00M | 5,957.00M | 1,252.00M | 1,328.00M | 1,282.00M | 6,167.00M | 2,404.00M | 2,516.00M | 2,467.00M | 2,589.00M | 2,325.00M | 2,501.00M | 2,547.00M | 2,644.00M | 2,481.00M | 2,720.00M | ||||||||||
| Gross Profit | 2,239.00M | 2,262.00M | 2,196.00M | 2,197.00M | 2,136.00M | -2518.00M | 2,094.00M | 2,392.00M | 2,241.00M | -2547.00M | 1,033.00M | 1,085.00M | 1,081.00M | 1,086.00M | 1,025.00M | 1,094.00M | 1,143.00M | 1,152.00M | 1,085.00M | 1,139.00M | ||||||||||
| Operating items | ||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 39.00M | 46.00M | 37.00M | 38.00M | 37.00M | 38.00M | 35.00M | 36.00M | 36.00M | 37.00M | 36.00M | 39.00M | 40.00M | 37.00M | 37.00M | 38.00M | 36.00M | 41.00M | 38.00M | 39.00M | ||||||||||
| Selling, General & AdministrativeSG&A | 479.00M | 503.00M | 459.00M | 439.00M | 417.00M | 448.00M | 455.00M | 479.00M | 452.00M | 498.00M | 462.00M | 449.00M | 455.00M | 495.00M | 464.00M | 499.00M | 504.00M | 512.00M | 510.00M | 520.00M | ||||||||||
| Other Operating ExpensesOther Opex | 6.00M | 16.00M | -19.00M | 12.00M | 17.00M | 7.00M | 12.00M | 13.00M | -11.00M | 14.00M | -21.00M | -220.00M | -9.00M | -89.00M | -5.00M | -7.00M | -5.00M | 5.00M | -2.00M | |||||||||||
| Operating ExpensesOpex | 3,078.00M | 3,079.00M | 2,904.00M | 2,982.00M | 2,827.00M | 2,965.00M | 2,840.00M | 3,152.00M | 2,965.00M | 3,087.00M | 2,907.00M | 3,010.00M | 2,965.00M | 3,135.00M | 2,850.00M | 3,043.00M | 3,097.00M | 3,202.00M | 3,032.00M | 3,282.00M | ||||||||||
| Operating IncomeOp. Inc | 542.00M | 496.00M | 526.00M | 487.00M | 529.00M | 491.00M | 513.00M | 580.00M | 571.00M | 522.00M | 544.00M | 570.00M | 363.00M | 531.00M | 411.00M | 547.00M | 586.00M | 589.00M | 539.00M | 575.00M | ||||||||||
| EBIT | 542.00M | 496.00M | 526.00M | 487.00M | 529.00M | 491.00M | 513.00M | 580.00M | 571.00M | 522.00M | 544.00M | 570.00M | 363.00M | 531.00M | 411.00M | 547.00M | 586.00M | 589.00M | 539.00M | 575.00M | ||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | ||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -37.00M | -39.00M | -41.00M | -44.00M | -27.00M | 150.00M | -48.00M | -45.00M | -26.00M | -61.00M | -64.00M | -59.00M | -26.00M | |||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||
| EBT | 507.00M | 447.00M | 489.00M | 451.00M | 493.00M | 455.00M | 480.00M | 542.00M | 532.00M | 477.00M | 500.00M | 544.00M | 512.00M | 483.00M | 366.00M | 521.00M | 521.00M | 526.00M | 480.00M | 547.00M | ||||||||||
| Tax ProvisionsTaxes | 128.00M | 137.00M | 136.00M | 103.00M | 143.00M | 137.00M | 128.00M | 135.00M | 137.00M | 133.00M | 126.00M | 94.00M | -45.00M | 130.00M | 110.00M | 98.00M | 129.00M | 142.00M | 127.00M | 98.00M | ||||||||||
| Profit After TaxPAT | 379.00M | 310.00M | 353.00M | 348.00M | 350.00M | 318.00M | 352.00M | 407.00M | 395.00M | 344.00M | 374.00M | 450.00M | 557.00M | 353.00M | 256.00M | 423.00M | 392.00M | 384.00M | 353.00M | 449.00M | ||||||||||
| Income from Non-Controlling InterestsInc. Minority | 48.00M | 29.00M | 42.00M | 27.00M | 26.00M | 21.00M | 21.00M | 31.00M | 19.00M | 21.00M | 21.00M | 35.00M | 17.00M | 16.00M | 13.00M | 30.00M | 18.00M | 10.00M | 13.00M | 21.00M | ||||||||||
| Income from Continuing OperationsIncome (Continuing) | 379.00M | 310.00M | 353.00M | 348.00M | 350.00M | 318.00M | 352.00M | 407.00M | 395.00M | 344.00M | 374.00M | 450.00M | 557.00M | 353.00M | 256.00M | 423.00M | 392.00M | 384.00M | 353.00M | 449.00M | ||||||||||
| Consolidated Net IncomeConsol Net Inc. | 379.00M | 310.00M | 353.00M | 348.00M | 350.00M | 318.00M | 352.00M | 407.00M | 395.00M | 344.00M | 374.00M | 450.00M | 557.00M | 353.00M | 256.00M | 423.00M | 392.00M | 384.00M | 353.00M | 449.00M | ||||||||||
| Income towards Parent CompanyParent Net Inc | 379.00M | 310.00M | 353.00M | 348.00M | 350.00M | 318.00M | 352.00M | 407.00M | 395.00M | 344.00M | 374.00M | 450.00M | 557.00M | 353.00M | 256.00M | 423.00M | 392.00M | 384.00M | 353.00M | 449.00M | ||||||||||
| Net Income towards Common StockholdersNet Income | 379.00M | 310.00M | 353.00M | 348.00M | 350.00M | 318.00M | 352.00M | 407.00M | 395.00M | 344.00M | 374.00M | 450.00M | 557.00M | 353.00M | 256.00M | 423.00M | 392.00M | 384.00M | 353.00M | 449.00M | ||||||||||
| Additional items | ||||||||||||||||||||||||||||||
| EPS (Basic) | 0.89 | 0.72 | 0.83 | 0.83 | 0.84 | 0.76 | 0.85 | 0.99 | 0.96 | 0.84 | 0.92 | 1.12 | 1.39 | 0.88 | 0.65 | 1.07 | 1.00 | 0.98 | 0.91 | 1.17 | ||||||||||
| EPS (Diluted) | 0.88 | 0.72 | 0.83 | 0.82 | 0.83 | 0.75 | 0.84 | 0.98 | 0.95 | 0.83 | 0.92 | 1.11 | 1.38 | 0.87 | 0.64 | 1.07 | 1.00 | 0.97 | 0.91 | 1.17 | ||||||||||
| Shares Outstanding | 425.80M | 427.70M | 424.20M | 421.40M | 418.50M | 420.00M | 414.30M | 412.70M | 410.80M | 411.40M | 405.20M | 402.90M | 400.20M | 401.70M | 396.60M | 393.70M | 391.00M | 392.80M | 388.10M | 382.60M | ||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 430.60M | 431.40M | 427.70M | 424.20M | 421.20M | 423.00M | 417.80M | 416.00M | 413.70M | 414.60M | 408.10M | 405.50M | 402.70M | 404.40M | 399.10M | 395.80M | 392.80M | 394.90M | 389.60M | 383.50M | ||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 424.77M | 434.70M | 422.79M | 420.23M | 416.59M | 435.60M | 413.29M | 411.74M | 409.26M | 437.00M | 404.32M | 400.55M | 399.46M | 438.60M | 394.68M | 392.48M | 389.72M | 388.72M | 383.72M | 380.67M | ||||||||||
| EBITDA | 542.00M | 496.00M | 526.00M | 487.00M | 529.00M | 491.00M | 513.00M | 580.00M | 571.00M | 522.00M | 544.00M | 570.00M | 363.00M | 531.00M | 411.00M | 547.00M | 586.00M | 589.00M | 539.00M | 575.00M | ||||||||||
| Interest ExpensesInt Expense | ||||||||||||||||||||||||||||||
| Tax Rate | 25.25% | 30.65% | 27.81% | 22.84% | 29.01% | 30.11% | 26.67% | 24.91% | 25.75% | 27.88% | 25.20% | 17.28% | -8.79% | 26.92% | 30.05% | 18.81% | 24.76% | 27.00% | 26.46% | 17.92% |