Otis Worldwide Total Operating Expenses decreased by 5.3% to $3.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.4%, from $2.85B to $3.03B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows relatively stable performance with a -0.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| 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 | $3.15B | $3.08B | $3.08B | $2.90B | $2.98B | $2.83B | $2.97B | $2.84B | $3.15B | $2.97B | $3.09B | $2.91B | $3.01B | $2.97B | $3.14B | $2.85B | $3.04B | $3.10B | $3.20B | $3.03B |
| QoQ Change | — | -2.3% | +0.0% | -5.7% | +2.7% | -5.2% | +4.9% | -4.2% | +11.0% | -5.9% | +4.1% | -5.8% | +3.5% | -1.5% | +5.7% | -9.1% | +6.8% | +1.8% | +3.4% | -5.3% |
| YoY Change | — | — | — | — | -5.3% | -8.2% | -3.7% | -2.2% | +5.7% | +4.9% | +4.1% | +2.4% | -4.5% | +0.0% | +1.6% | -2.0% | +1.1% | +4.5% | +2.1% | +6.4% |