Friday 6 November 2026 Export OTIS’s income statement to Excel — free account

Otis Worldwide Corporation

OTIS Industrials Specialty Industrial Machinery

Otis Worldwide Corporation’s revenue for fiscal 2025 (year ended December 2025) was $14.4 billion, up 1.19% from fiscal 2024.

Revenue: +6.07%
EPS: +16.5%
Free cash flow: −11.5%
Total debt: +2.36%

Quarter to September 2026, against a year earlier

79.80 0.01 +0.01%

Follow OTIS

Alert me

Market cap: $30.3B
P/E: 19.6×
Fwd P/E: 18.9×
Dividend yield: 2.16%
F-score: 6/9
Altman Z: 3.11
Beneish M: −2.40
Dividend safety: 73/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Otis Worldwide Corporation (OTIS) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Service	9,442	65.43%
New Equipment	4,989	34.57%
Gross margin		30.28%
Operating margin		14.78%
Pre-tax margin		13.40%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Maintenance and Repair	7,584 52.55%	7,211 50.56%	6,870 48.35%	6,393 46.72%	6,472 45.27%	6,047 47.41%	6,120 46.65%	6,017 46.59%
Product	4,989 34.57%	5,367 37.63%	5,812 40.90%	5,864 42.85%	6,428 44.96%	5,371 42.11%	5,648 43.06%	5,596 43.33%
Modernization	1,858 12.88%	1,683 11.80%	1,527 10.75%	1,428 10.43%	1,398 9.78%	1,338 10.49%	1,350 10.29%	1,302 10.08%
Service sales	9,442	8,894	8,397	7,821	7,870	7,385	7,470	7,319
Revenue	14,431	14,261	14,209	13,685	14,298	12,756	13,118	12,915

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Service sales	‡	‡	‡	‡	‡	‡	‡	‡
Product	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Service	9,442 65.43%	8,894 62.37%	8,397 59.10%	7,801 57.00%	7,870 55.04%	7,385 57.89%	7,470 56.94%	7,319 56.67%
New Equipment	4,989 34.57%	5,367 37.63%	5,812 40.90%	5,778 42.22%	6,428 44.96%	5,371 42.11%	5,648 43.06%	5,596 43.33%
Other, not broken out	—	—	—	106 0.77%	—	—	—	—
Revenue	14,431	14,261	14,209	13,685	14,298	12,756	13,118	12,915

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Service	‡	‡	‡	‡	‡	‡	‡	‡
New Equipment	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Other	8,589 59.52%	8,103 56.82%	7,735 54.44%	7,278 53.18%	7,721 54.00%	7,159 56.12%	7,411 56.49%	7,567 58.59%
United States Operations	4,192 29.05%	4,239 29.72%	4,030 28.36%	3,834 28.02%	3,700 25.88%	3,462 27.14%	3,594 27.40%	3,429 26.55%
China	1,650 11.43%	1,919 13.46%	2,444 17.20%	2,573 18.80%	2,877 20.12%	2,135 16.74%	2,113 16.11%	1,919 14.86%
Revenue	14,431	14,261	14,209	13,685	14,298	12,756	13,118	12,915

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Maintenance portfolio	Q3 FY2026	2.5M	—	—
Mod orders	Q3 FY2026	10.0%	27.0%	—
New Equipment Backlog decrease at actual currency	Q3 FY2026	4.00%	—	—
New Equipment Backlog increase at constant currency	Q3 FY2026	4.00%	−1.00%	—
Remaining performance obligations	Q3 FY2026	$19.6B	$19.0B	+3.16%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019
Maintenance portfolio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Mod orders	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
New Equipment Backlog decrease at actual currency	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
New Equipment Backlog increase at constant currency	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.