Discontinued — last reported Q1 '23
Otis Worldwide Restructuring Reserve decreased by 27.0% to $54.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.8%, from $55.00M to $54.00M. Over 4 years (FY 2021 to FY 2025), Restructuring Reserve shows an upward trend with a 12.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests active cost-cutting or strategic realignment, which may lead to future margin expansion but indicates current operational friction.
This liability captures the estimated costs associated with formal restructuring plans, such as severance packages, faci...
Common in large financial institutions undergoing digital transformation or cost-rationalization programs.
restructuring_reserve| Q4 '21 | Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $47.00M | $41.00M | $48.00M | $40.00M | $37.00M | $33.00M | $37.00M | $55.00M | $65.00M | $83.00M | $74.00M | $54.00M |
| QoQ Change | — | -12.8% | +17.1% | -16.7% | -7.5% | -10.8% | +12.1% | +48.6% | +18.2% | +27.7% | -10.8% | -27.0% |
| YoY Change | — | -12.8% | +17.1% | — | — | — | -22.9% | +37.5% | +75.7% | +151.5% | +100.0% | -1.8% |
| Segment | Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 |
|---|---|---|---|---|---|---|
| Service | $48.00M | $69.00M | $45.00M | $64.00M | $77.00M | $77.00M |
| New Equipment | $36.00M | $41.00M | $26.00M | $34.00M | $43.00M | $51.00M |
| Total | $47.00M | $41.00M | — | — | — | $48.00M |
New Equipment, Service were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.