Otis Worldwide OTIS Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| New Equipment | $1.15B-1.2% | $1.29B-4.7% | $1.26B-4.0% | $1.28B-10.2% | $1.16B-9.1% | |
| Service | $2.42B+10.5% | $2.5B+8.0% | $2.43B+8.7% | $2.32B+6.4% | $2.19B+1.4% | |
| Other Income (Expense) by Business | ||||||
| New Equipment | $26M+4.0% | $28M+3.7% | $26M-13.3% | $28M+12.0% | $25M+8.7% | |
| Service | $12M+140% | $0-100% | $10M-16.7% | $9M+28.6% | $5M+25.0% | |
| Operating profit by Business | ||||||
| New Equipment | $38M-42.4% | $47M-26.6% | $59M-29.8% | $68M-38.2% | $66M-7.0% | |
| Service | $556M+3.5% | $638M+12.1% | $621M+11.9% | $578M+7.4% | $537M+2.7% | |
| Remaining percentage of costs by Business | ||||||
| New Equipment | 30%-30.0pp | 50%-40.0pp | 60%-15.0pp | 60%— | 60%— | |
| Service | 70%+30.0pp | 50%+40.0pp | 40%+15.0pp | 40%— | 40%— | |
| SG&A by Business | ||||||
| New Equipment | $129M+17.3% | $137M-2.1% | $119M+11.2% | $119M-2.5% | $110M-9.1% | |
| Service | $324M+14.9% | $302M+9.0% | $308M+5.1% | $292M+3.2% | $282M-3.1% | |
| Cost of Sales by Business | ||||||
| New Equipment | $956M-0.6% | $1.08B-4.0% | $1.05B-3.2% | $1.06B-8.8% | $962M-9.7% | |
| Service | $1.53B+11.9% | $1.56B+6.8% | $1.49B+8.3% | $1.44B+6.5% | $1.36B+1.8% | |
| Goodwill by Business | ||||||
| New Equipment | $291M+3.2% | $294M+6.1% | $297M+0.3% | $299M+4.9% | $282M-2.8% | |
| Service | $1.39B+6.5% | $1.4B+10.2% | $1.4B+5.1% | $1.41B+11.0% | $1.31B+1.6% | |
| Foreign Currency Translation and Other by Business | ||||||
| New Equipment | -$3M-160% | —— | —— | $17M+440% | $5M+200% | |
| Service | -$13M-176% | —— | —— | $69M+463% | $17M+177% | |
| 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-83.3% | $15M+36.4% | $0-100% | $33M+1,550% | $18M+28.6% |
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.
