Otis Worldwide New Equipment — SG&A decreased by 5.8% to $129.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.3%, from $110.00M to $129.00M. Over 3 years (FY 2022 to FY 2025), New Equipment — SG&A shows an upward trend with a 4.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A lower ratio of SG&A to revenue indicates effective operational scaling and administrative efficiency.
Covers the overhead costs for the New Equipment segment, including sales commissions, marketing, administrative salaries...
Commonly compared as a percentage of segment revenue against industry peers.
otis_segment_new_equipment_selling_general_and_administrative| 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 | $107.50M | $107.50M | $107.50M | $107.50M | $124.50M | $124.50M | $124.50M | $124.50M | $121.00M | $122.00M | $107.00M | $140.00M | $110.00M | $119.00M | $119.00M | $137.00M | $129.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +15.8% | +0.0% | +0.0% | +0.0% | -2.8% | +0.8% | -12.3% | +30.8% | -21.4% | +8.2% | +0.0% | +15.1% | -5.8% |
| YoY Change | — | — | — | — | +15.8% | +15.8% | +15.8% | +15.8% | -2.8% | -2.0% | -14.1% | +12.4% | -9.1% | -2.5% | +11.2% | -2.1% | +17.3% |