Otis Worldwide OTIS Service — Cost of Sales
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Where this comes from
Reported directly by Otis Worldwide in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
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 service — cost of sales?
- Otis Worldwide (OTIS) reported service — cost of sales of $1.53B in Q1 2026.
- How has Otis Worldwide's service — cost of sales changed year-over-year?
- Otis Worldwide's service — cost of sales increased by 11.9% year-over-year, from $1.36B to $1.53B.
- What is the long-term trend for Otis Worldwide's service — cost of sales?
- Over 3 years (2022 to 2025), Otis Worldwide's service — cost of sales has grown at a 6.9% compound annual growth rate (CAGR), from $4.79B to $5.86B.
- What does service — cost of sales mean?
- Includes all direct costs associated with providing maintenance and repair services, such as labor, parts, and logistics. It is a critical measure of the direct operational expenses required to sustain the service revenue stream.