Other intangible assets—net
Otis Worldwide Other intangible assets—net decreased by 2.9% to $333.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $326.00M to $333.00M. Over 5 years (FY 2020 to FY 2025), Other intangible assets—net shows a downward trend with a -6.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase typically signals recent strategic acquisitions or significant investment in R&D and intellectual property, while a decrease reflects ongoing amortization or potential impairment.
Detailed definition
This represents the net book value of identifiable non-physical assets such as patents, intellectual property, software...
Peer comparison
High in semiconductor and tech firms due to heavy reliance on patent portfolios and acquired technology.
non_current_assets_intangible_assets_net_excluding_goodwillHistorical Data
| 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 | $458.00M | $434.00M | $419.00M | $397.00M | $385.00M | $346.00M | $369.00M | $360.00M | $355.00M | $336.00M | $335.00M | $343.00M | $330.00M | $330.00M | $311.00M | $326.00M | $357.00M | $348.00M | $343.00M | $333.00M |
| QoQ Change | — | -5.2% | -3.5% | -5.3% | -3.0% | -10.1% | +6.6% | -2.4% | -1.4% | -5.4% | -0.3% | +2.4% | -3.8% | +0.0% | -5.8% | +4.8% | +9.5% | -2.5% | -1.4% | -2.9% |
| YoY Change | — | — | — | — | -15.9% | -20.3% | -11.9% | -9.3% | -7.8% | -2.9% | -9.2% | -4.7% | -7.0% | -1.8% | -7.2% | -5.0% | +8.2% | +5.5% | +10.3% | +2.1% |
Other intangible assets—net at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's other intangible assets—net?
- Otis Worldwide (OTIS) reported other intangible assets—net of $333.00M in Q1 2026.
- How has Otis Worldwide's other intangible assets—net changed year-over-year?
- Otis Worldwide's other intangible assets—net increased by 2.1% year-over-year, from $326.00M to $333.00M.
- What is the long-term trend for Otis Worldwide's other intangible assets—net?
- Over 5 years (2020 to 2025), Otis Worldwide's other intangible assets—net has grown at a -6.7% compound annual growth rate (CAGR), from $484.00M to $343.00M.
- What does other intangible assets—net mean?
- The value of non-physical assets like patents and intellectual property, excluding goodwill.