Business Segments · Net Sales
New Equipment — Net Sales
Otis Worldwide New Equipment — Net Sales decreased by 11.1% to $1.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.2%, from $1.16B to $1.15B. Over 4 years (FY 2021 to FY 2025), New Equipment — Net Sales shows a downward trend with a -6.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026
Rolls up toTotal Revenue
How to read this metric
Growth indicates successful market penetration and strong demand in the construction sector.
Detailed definition
The total revenue generated from the sale and installation of new elevator and escalator units, net of returns, allowanc...
Peer comparison
Standard revenue metric for all industrial equipment manufacturers.
Metric ID:
otis_segment_new_equipment_net_salesHistorical 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 | $1.73B | $1.68B | $1.56B | $1.42B | $1.53B | $1.45B | $1.46B | $1.31B | $1.60B | $1.44B | $1.47B | $1.28B | $1.42B | $1.31B | $1.36B | $1.16B | $1.28B | $1.26B | $1.29B | $1.15B |
| QoQ Change | — | -2.7% | -7.1% | -9.0% | +7.9% | -5.7% | +1.0% | -10.5% | +22.7% | -10.5% | +2.2% | -12.7% | +11.0% | -7.9% | +3.7% | -14.3% | +9.7% | -1.5% | +2.9% | -11.1% |
| YoY Change | — | — | — | — | -11.2% | -13.9% | -6.5% | -8.1% | +4.6% | -0.8% | +0.3% | -2.1% | -11.4% | -8.8% | -7.4% | -9.1% | -10.2% | -4.0% | -4.7% | -1.2% |
Range$1.15B – $1.73B
CAGR-8.2%
Avg YoY Growth-5.9%
Median YoY Growth-7.0%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's new equipment — net sales?
- Otis Worldwide (OTIS) reported new equipment — net sales of $1.15B in Q1 2026.
- How has Otis Worldwide's new equipment — net sales changed year-over-year?
- Otis Worldwide's new equipment — net sales decreased by 1.2% year-over-year, from $1.16B to $1.15B.
- What is the long-term trend for Otis Worldwide's new equipment — net sales?
- Over 4 years (2021 to 2025), Otis Worldwide's new equipment — net sales has grown at a -6.1% compound annual growth rate (CAGR), from $6.43B to $4.99B.
- What does new equipment — net sales mean?
- Total revenue from selling and installing new elevator and escalator equipment.