Otis Worldwide R&D decreased by 7.3% to $38.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $37.00M to $38.00M. Over 4 years (FY 2021 to FY 2025), R&D shows relatively stable performance with a -1.1% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.
Detailed definition
Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...
Peer comparison
Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.
Metric ID:
research_and_developmentHistorical 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 | $39.00M | $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 |
| QoQ Change | — | +0.0% | +17.9% | -19.6% | +2.7% | -2.6% | +2.7% | -7.9% | +2.9% | +0.0% | +2.8% | -2.7% | +8.3% | +2.6% | -7.5% | +0.0% | +2.7% | -5.3% | +13.9% | -7.3% |
| YoY Change | — | — | — | — | -2.6% | -5.1% | -17.4% | -5.4% | -5.3% | -2.7% | -2.6% | +2.9% | +8.3% | +11.1% | +0.0% | +2.8% | -2.6% | -10.0% | +10.8% | +2.7% |
Range$35.00M – $46.00M
CAGR-0.5%
Avg YoY Growth-0.9%
Median YoY Growth-2.6%
R&D at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's r&d?
- Otis Worldwide (OTIS) reported r&d of $38.00M in Q1 2026.
- How has Otis Worldwide's r&d changed year-over-year?
- Otis Worldwide's r&d increased by 2.7% year-over-year, from $37.00M to $38.00M.
- What is the long-term trend for Otis Worldwide's r&d?
- Over 4 years (2021 to 2025), Otis Worldwide's r&d has grown at a -1.1% compound annual growth rate (CAGR), from $159.00M to $152.00M.
- What does r&d mean?
- The money spent on creating new products or improving existing ones to drive future growth.