Total Revenue
Otis Worldwide Total Revenue decreased by 6.1% to $3.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.4%, from $3.35B to $3.57B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows relatively stable performance with a 0.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates market expansion or higher demand, while a decrease may signal market saturation or competitive pressure.
Detailed definition
Total revenue represents the gross inflow of economic benefits arising from the ordinary operating activities of the com...
Peer comparison
Standard across all public companies; peers in the medical device and diagnostics sector typically show steady growth correlated with product adoption.
total_revenueHistorical 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 | $3.70B | $3.62B | $3.57B | $3.41B | $3.49B | $3.34B | $3.44B | $3.35B | $3.72B | $3.52B | $3.62B | $3.44B | $3.60B | $3.55B | $3.68B | $3.35B | $3.60B | $3.69B | $3.80B | $3.57B |
| QoQ Change | — | -2.2% | -1.4% | -4.3% | +2.2% | -4.1% | +2.8% | -2.7% | +11.2% | -5.3% | +2.8% | -5.1% | +4.8% | -1.5% | +3.6% | -8.8% | +7.3% | +2.6% | +2.9% | -6.1% |
| YoY Change | — | — | — | — | -5.8% | -7.6% | -3.6% | -2.0% | +6.7% | +5.4% | +5.3% | +2.7% | -3.2% | +0.7% | +1.5% | -2.5% | -0.2% | +4.0% | +3.3% | +6.4% |
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Service sales | $2.18B | $2.24B | $2.32B | $2.19B | $2.32B | $2.43B | $2.50B | $2.42B |
| Maintenance and Repair | $1.77B | $1.82B | $1.85B | — | — | — | $1.90B | — |
| Modernization | $410.00M | $418.00M | $467.00M | — | — | — | $464.50M | — |
| Total | $3.60B | $3.55B | $3.68B | $3.35B | $3.60B | $3.69B | $3.80B | $3.57B |
Maintenance and Repair, Modernization were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Service | $2.18B | $2.24B | $2.32B | $2.19B | $2.32B | $2.43B | $2.50B | $2.42B |
| New Equipment | $1.42B | $1.31B | $1.36B | $1.16B | $1.28B | $1.26B | $1.29B | $1.15B |
| Total | $3.60B | $3.55B | $3.68B | $3.35B | $3.60B | $3.69B | $3.80B | $3.57B |
Geographic Breakdown
| Segment | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|
| Other | $1.73B | $1.86B | $1.87B | $1.95B | $1.92B | $1.99B | $1.95B | $1.99B |
| Total | $3.34B | $3.44B | $3.35B | $3.72B | $3.52B | $3.62B | $3.44B | $3.60B |
Other was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Revenue at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's total revenue?
- Otis Worldwide (OTIS) reported total revenue of $3.57B in Q1 2026.
- How has Otis Worldwide's total revenue changed year-over-year?
- Otis Worldwide's total revenue increased by 6.4% year-over-year, from $3.35B to $3.57B.
- What is the long-term trend for Otis Worldwide's total revenue?
- Over 4 years (2021 to 2025), Otis Worldwide's total revenue has grown at a 0.2% compound annual growth rate (CAGR), from $14.30B to $14.43B.
- What does total revenue mean?
- The total amount of money a company brings in from its primary business activities before any expenses.