Discontinued — last reported Q3 '25
Otis Worldwide Restructuring Reserve decreased by 27.0% to $54.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.8%, from $55.00M to $54.00M. Over 4 years (FY 2021 to FY 2025), Restructuring Reserve shows an upward trend with a 12.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase indicates active cost-cutting or strategic realignment, while a decrease suggests the completion of restructuring phases.
This represents the estimated liability for costs associated with formal restructuring plans, such as workforce reductio...
Varies significantly based on the company's current phase of operational transformation.
restructuring_reserve| Q4 '21 | Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $47.00M | $41.00M | $48.00M | $40.00M | $37.00M | $33.00M | $37.00M | $55.00M | $65.00M | $83.00M | $74.00M | $54.00M |
| QoQ Change | — | -12.8% | +17.1% | -16.7% | -7.5% | -10.8% | +12.1% | +48.6% | +18.2% | +27.7% | -10.8% | -27.0% |
| YoY Change | — | -12.8% | +17.1% | — | — | — | -22.9% | +37.5% | +75.7% | +151.5% | +100.0% | -1.8% |
| Segment | Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 |
|---|---|---|---|---|---|---|
| Service | $48.00M | $69.00M | $45.00M | $64.00M | $77.00M | $77.00M |
| New Equipment | $36.00M | $41.00M | $26.00M | $34.00M | $43.00M | $51.00M |
| Total | $47.00M | $41.00M | — | — | — | $48.00M |
New Equipment, Service were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.