Business Segments · Cost of Sales
New Equipment — Cost of Sales
Otis Worldwide New Equipment — Cost of Sales decreased by 11.6% to $956.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.6%, from $962.00M to $956.00M. Over 3 years (FY 2022 to FY 2025), New Equipment — Cost of Sales shows a downward trend with a -5.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toTotal Cost of Revenue
How to read this metric
An increase relative to sales suggests rising material costs or operational inefficiencies.
Detailed definition
Includes all direct costs associated with the manufacturing, shipping, and installation of new elevator and escalator un...
Peer comparison
Standard cost metric for manufacturing segments across the industrial sector.
Metric ID:
otis_segment_new_equipment_cost_of_salesHistorical Data
17 periods
| 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 | $1.21B | $1.21B | $1.21B | $1.21B | $1.21B | $1.21B | $1.21B | $1.21B | $1.07B | $1.16B | $1.09B | $1.13B | $962.00M | $1.06B | $1.05B | $1.08B | $956.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -0.4% | +0.0% | +0.0% | +0.0% | -11.9% | +9.3% | -6.5% | +3.5% | -14.6% | +10.3% | -0.8% | +2.7% | -11.6% |
| YoY Change | — | — | — | — | -0.4% | -0.4% | -0.4% | -0.4% | -11.9% | -3.7% | -10.0% | -6.9% | -9.7% | -8.8% | -3.2% | -4.0% | -0.6% |
Range$956.00M – $1.21B
CAGR-5.8%
Avg YoY Growth-4.6%
Median YoY Growth-3.7%
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Frequently Asked Questions
- What is Otis Worldwide's new equipment — cost of sales?
- Otis Worldwide (OTIS) reported new equipment — cost of sales of $956.00M in Q1 2026.
- How has Otis Worldwide's new equipment — cost of sales changed year-over-year?
- Otis Worldwide's new equipment — cost of sales decreased by 0.6% year-over-year, from $962.00M to $956.00M.
- What is the long-term trend for Otis Worldwide's new equipment — cost of sales?
- Over 3 years (2022 to 2025), Otis Worldwide's new equipment — cost of sales has grown at a -5.0% compound annual growth rate (CAGR), from $4.86B to $4.16B.
- What does new equipment — cost of sales mean?
- The total direct costs required to produce and install new elevator and escalator units.