Otis Worldwide OTIS Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| New Equipment | $1.15B-11.1% | $1.29B+2.9% | $1.26B-1.5% | $1.28B+9.7% | $1.16B-14.3% | |
| Service | $2.42B-3.4% | $2.5B+2.9% | $2.43B+4.9% | $2.32B+6.0% | $2.19B-5.7% | |
| Other Income (Expense) by Business | ||||||
| New Equipment | $26M-7.1% | $28M+7.7% | $26M-7.1% | $28M+12.0% | $25M-7.4% | |
| Service | $12M— | $0-100% | $10M+11.1% | $9M+80.0% | $5M-44.4% | |
| Operating profit by Business | ||||||
| New Equipment | $38M-19.1% | $47M-20.3% | $59M-13.2% | $68M+3.0% | $66M+3.1% | |
| Service | $556M-12.9% | $638M+2.7% | $621M+7.4% | $578M+7.6% | $537M-5.6% | |
| Remaining percentage of costs by Business | ||||||
| New Equipment | 30%-20.0pp | 50%-10.0pp | 60%0.0pp | 60%0.0pp | 60%-30.0pp | |
| Service | 70%+20.0pp | 50%+10.0pp | 40%0.0pp | 40%0.0pp | 40%+30.0pp | |
| SG&A by Business | ||||||
| New Equipment | $129M-5.8% | $137M+15.1% | $119M0.0% | $119M+8.2% | $110M-21.4% | |
| Service | $324M+7.3% | $302M-1.9% | $308M+5.5% | $292M+3.5% | $282M+1.8% | |
| Cost of Sales by Business | ||||||
| New Equipment | $956M-11.6% | $1.08B+2.7% | $1.05B-0.8% | $1.06B+10.3% | $962M-14.6% | |
| Service | $1.53B-2.4% | $1.56B+4.6% | $1.49B+3.8% | $1.44B+5.6% | $1.36B-6.8% | |
| Goodwill by Business | ||||||
| New Equipment | $291M-1.0% | $294M-1.0% | $297M-0.7% | $299M+6.0% | $282M+1.8% | |
| Service | $1.39B-0.7% | $1.4B-0.1% | $1.4B-0.4% | $1.41B+7.8% | $1.31B+2.8% | |
| Foreign Currency Translation and Other by Business | ||||||
| New Equipment | -$3M— | —— | —— | $17M+240% | $5M+126% | |
| Service | -$13M— | —— | —— | $69M+306% | $17M+123% | |
| Percentage of costs by Business | ||||||
| New Equipment | 30%0.0pp | 30%0.0pp | 30%0.0pp | 30%0.0pp | 30%0.0pp | |
| Service | 70%0.0pp | 70%0.0pp | 70%0.0pp | 70%0.0pp | 70%0.0pp | |
| Goodwill Resulting from Business Combinations by Business | ||||||
| New Equipment | $0— | $0— | $0— | $0— | $0— | |
| Service | $3M-80.0% | $15M— | $0-100% | $33M+83.3% | $18M+63.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Otis Worldwide break its business down?
- Otis Worldwide (OTIS) reports net sales by business across 2 parts — New Equipment and Service. Each is extracted from the segment footnotes and tracked over time.
- Where does Otis Worldwide's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Otis Worldwide's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
