Otis Worldwide OTIS Service sales — 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 sales — cost of sales?
- Otis Worldwide (OTIS) reported service sales — cost of sales of $1.53B in Q1 2026.
- How has Otis Worldwide's service sales — cost of sales changed year-over-year?
- Otis Worldwide's service sales — cost of sales increased by 11.1% year-over-year, from $1.37B to $1.53B.
- What is the long-term trend for Otis Worldwide's service sales — cost of sales?
- Over 4 years (2021 to 2025), Otis Worldwide's service sales — cost of sales has grown at a 5.1% compound annual growth rate (CAGR), from $4.81B to $5.88B.
- What does service sales — cost of sales mean?
- This metric captures the direct costs associated with delivering maintenance and repair services, including labor, parts, logistics, and field technician expenses. It is a key indicator of operational efficiency and the ability to manage service delivery costs relative to the revenue generated from the service portfolio.