Business Segments · Other Income (Expense)
New Equipment — Other Income (Expense)
Otis Worldwide New Equipment — Other Income (Expense) decreased by 7.1% to $26.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $25.00M to $26.00M. Over 3 years (FY 2022 to FY 2025), New Equipment — Other Income (Expense) shows relatively stable performance with a -1.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toOther operating expenses
How to read this metric
Positive values contribute to overall segment profitability, while negative values act as a drag on earnings.
Detailed definition
Captures non-core financial items for the New Equipment segment, such as interest income, gains or losses on asset dispo...
Peer comparison
Standard line item in segment reporting for diversified industrial companies.
Metric ID:
otis_segment_new_equipment_other_income_expense_netHistorical 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 | $28.00M | $28.00M | $28.00M | $28.00M | $24.00M | $24.00M | $24.00M | $24.00M | $23.00M | $25.00M | $30.00M | $27.00M | $25.00M | $28.00M | $26.00M | $28.00M | $26.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -14.3% | +0.0% | +0.0% | +0.0% | -4.2% | +8.7% | +20.0% | -10.0% | -7.4% | +12.0% | -7.1% | +7.7% | -7.1% |
| YoY Change | — | — | — | — | -14.3% | -14.3% | -14.3% | -14.3% | -4.2% | +4.2% | +25.0% | +12.5% | +8.7% | +12.0% | -13.3% | +3.7% | +4.0% |
Range$23.00M – $30.00M
CAGR-1.8%
Avg YoY Growth-0.4%
Median YoY Growth+3.7%
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Frequently Asked Questions
- What is Otis Worldwide's new equipment — other income (expense)?
- Otis Worldwide (OTIS) reported new equipment — other income (expense) of $26.00M in Q1 2026.
- How has Otis Worldwide's new equipment — other income (expense) changed year-over-year?
- Otis Worldwide's new equipment — other income (expense) increased by 4.0% year-over-year, from $25.00M to $26.00M.
- What is the long-term trend for Otis Worldwide's new equipment — other income (expense)?
- Over 3 years (2022 to 2025), Otis Worldwide's new equipment — other income (expense) has grown at a -1.5% compound annual growth rate (CAGR), from $112.00M to $107.00M.
- What does new equipment — other income (expense) mean?
- Net income or expenses from secondary sources not related to core elevator sales and installation.