Net Income
Net Income
Otis Worldwide Net Income decreased by 9.1% to $340.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.9%, from $243.00M to $340.00M. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 2.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
Higher values indicate greater profitability and financial health, directly impacting shareholder value.
Detailed definition
The final bottom-line profit of the company after all operating expenses, non-operating expenses, and income taxes have...
Peer comparison
The most common metric for evaluating company performance against industry competitors.
Metric ID:
net_incomeHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $326.00M | $331.00M | $281.00M | $311.00M | $321.00M | $324.00M | $297.00M | $331.00M | $376.00M | $376.00M | $323.00M | $353.00M | $415.00M | $540.00M | $337.00M | $243.00M | $393.00M | $374.00M | $374.00M | $340.00M |
| QoQ Change | — | +1.5% | -15.1% | +10.7% | +3.2% | +0.9% | -8.3% | +11.4% | +13.6% | +0.0% | -14.1% | +9.3% | +17.6% | +30.1% | -37.6% | -27.9% | +61.7% | -4.8% | +0.0% | -9.1% |
| YoY Change | — | — | — | — | -1.5% | -2.1% | +5.7% | +6.4% | +17.1% | +16.0% | +8.8% | +6.6% | +10.4% | +43.6% | +4.3% | -31.2% | -5.3% | -30.7% | +11.0% | +39.9% |
Range$243.00M – $540.00M
CAGR+0.9%
Avg YoY Growth+6.2%
Median YoY Growth+6.5%
Net Income at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's net income?
- Otis Worldwide (OTIS) reported net income of $340.00M in Q1 2026.
- How has Otis Worldwide's net income changed year-over-year?
- Otis Worldwide's net income increased by 39.9% year-over-year, from $243.00M to $340.00M.
- What is the long-term trend for Otis Worldwide's net income?
- Over 4 years (2021 to 2025), Otis Worldwide's net income has grown at a 2.7% compound annual growth rate (CAGR), from $1.25B to $1.38B.
- What does net income mean?
- The total profit remaining after all costs, expenses, and taxes have been paid.