Discontinued — last reported Q4 '25
Maintenance and Repair — Net Sales
Otis Worldwide Maintenance and Repair — Net Sales remained flat by 0.0% to $1.90B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $1.85B to $1.90B. Over 4 years (FY 2021 to FY 2025), Maintenance and Repair — Net Sales shows an upward trend with a 4.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growth in the installed base of units under contract or higher pricing power in service agreements, while a decrease may signal contract churn or competitive pressure in the service market.
Detailed definition
This metric represents the total revenue generated from long-term service agreements, routine maintenance, and repair ac...
Peer comparison
Peers in the industrial building systems and infrastructure services sector typically report this as 'Service Revenue' or 'Maintenance Revenue,' which is generally viewed as a high-margin, recurring revenue stream compared to new equipment sales.
otis_segment_maintenance_and_repair_net_salesHistorical 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.62B | $1.61B | $1.64B | $1.63B | $1.60B | $1.56B | $1.61B | $1.68B | $1.72B | $1.72B | $1.75B | $1.77B | $1.77B | $1.82B | $1.85B | $1.90B | $1.90B | $1.90B | $1.90B |
| QoQ Change | — | -0.6% | +2.2% | -0.7% | -2.3% | -2.6% | +3.5% | +4.4% | +2.6% | -0.4% | +2.3% | +0.9% | +0.1% | +2.9% | +1.6% | +2.4% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -1.3% | -3.3% | -2.1% | +2.8% | +7.9% | +10.3% | +9.0% | +5.4% | +2.8% | +6.2% | +5.5% | +7.2% | +7.1% | +4.1% | +2.4% |
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Frequently Asked Questions
- What is Otis Worldwide's maintenance and repair — net sales?
- Otis Worldwide (OTIS) reported maintenance and repair — net sales of $1.90B in Q4 2025.
- How has Otis Worldwide's maintenance and repair — net sales changed year-over-year?
- Otis Worldwide's maintenance and repair — net sales increased by 2.4% year-over-year, from $1.85B to $1.90B.
- What is the long-term trend for Otis Worldwide's maintenance and repair — net sales?
- Over 4 years (2021 to 2025), Otis Worldwide's maintenance and repair — net sales has grown at a 4.0% compound annual growth rate (CAGR), from $6.47B to $7.58B.
- What does maintenance and repair — net sales mean?
- The total revenue earned from providing ongoing maintenance, repair, and service contracts for installed elevator and escalator equipment.