Business Segments · Operating profit
Service — Operating profit
Otis Worldwide Service — Operating profit decreased by 12.9% to $556.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $537.00M to $556.00M. Over 4 years (FY 2021 to FY 2025), Service — Operating profit shows an upward trend with a 7.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026
Rolls up toOperating Income
How to read this metric
Higher operating profit indicates strong segment performance and effective cost management.
Detailed definition
The core measure of the Service segment's profitability, calculated as net sales minus cost of sales and SG&A expenses....
Peer comparison
The primary benchmark for comparing segment-level operational success across peers.
Metric ID:
otis_segment_service_operating_profitHistorical 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 | $441.00M | $444.00M | $447.00M | $447.00M | $435.00M | $446.00M | $461.00M | $476.00M | $492.00M | $507.00M | $497.00M | $523.00M | $538.00M | $555.00M | $569.00M | $537.00M | $578.00M | $621.00M | $638.00M | $556.00M |
| QoQ Change | — | +0.7% | +0.7% | +0.0% | -2.7% | +2.5% | +3.4% | +3.3% | +3.4% | +3.0% | -2.0% | +5.2% | +2.9% | +3.2% | +2.5% | -5.6% | +7.6% | +7.4% | +2.7% | -12.9% |
| YoY Change | — | — | — | — | -1.4% | +0.5% | +3.1% | +6.5% | +13.1% | +13.7% | +7.8% | +9.9% | +9.3% | +9.5% | +14.5% | +2.7% | +7.4% | +11.9% | +12.1% | +3.5% |
Range$435.00M – $638.00M
CAGR+5.0%
Avg YoY Growth+7.8%
Median YoY Growth+8.6%
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Frequently Asked Questions
- What is Otis Worldwide's service — operating profit?
- Otis Worldwide (OTIS) reported service — operating profit of $556.00M in Q1 2026.
- How has Otis Worldwide's service — operating profit changed year-over-year?
- Otis Worldwide's service — operating profit increased by 3.5% year-over-year, from $537.00M to $556.00M.
- What is the long-term trend for Otis Worldwide's service — operating profit?
- Over 4 years (2021 to 2025), Otis Worldwide's service — operating profit has grown at a 7.7% compound annual growth rate (CAGR), from $1.76B to $2.37B.
- What does service — operating profit mean?
- The profit earned from the service division's core business operations.