Otis Worldwide OTIS Product — Net Sales
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Where this comes from
Reported directly by Otis Worldwide in its filing.
Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
The official record: Otis Worldwide’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Otis Worldwide's product — net sales?
- Otis Worldwide (OTIS) reported product — net sales of $1.15B in Q1 2026.
- How has Otis Worldwide's product — net sales changed year-over-year?
- Otis Worldwide's product — 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 product — net sales?
- Over 4 years (2021 to 2025), Otis Worldwide's product — net sales has grown at a -6.1% compound annual growth rate (CAGR), from $6.43B to $4.99B.
- What does product — net sales mean?
- This metric represents the total revenue generated from the sale and installation of new elevator and escalator units. It captures the initial capital equipment phase of the customer lifecycle before the transition to long-term maintenance contracts. This figure is a primary indicator of the company's success in securing new construction projects and capturing market share in the global vertical transportation industry.