Otis Worldwide annual operating expenses
2018
2019
2021
2022
2023
2024
2025
Otis Worldwide Operating Expenses Growth & History (OTIS)
Otis Worldwide's operating expenses was $2.15B for fiscal 2025.
View full Otis Worldwide company overviewOtis Worldwide annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.15B | −$55.0M | −2.49% |
| 2024 | 2024-12-31 | $2.21B | −$9.84B | −81.68% |
| 2023 | 2023-12-31 | $12.04B | $366.0M | +3.13% |
| 2022 | 2022-12-31 | $11.68B | −$534.0M | −4.37% |
| 2021 | 2021-12-31 | $12.21B | — | — |
| 2019 | 2019-12-31 | $11.27B | $160.0M | +1.44% |
| 2018 | 2018-12-31 | $11.11B | — | — |
Otis Worldwide quarterly operating expenses
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.28B | $239.0M | +7.85% |
| Q1 2026 | 2026-03-31 | $3.03B | — | — |
| Q4 2025 | 2025-12-31 | $472.0M | — | — |
| Q3 2025 | 2025-09-30 | $3.10B | — | — |
| Q2 2025 | 2025-06-30 | $3.04B | — | — |
| Q1 2024 | 2024-03-31 | $2.91B | $67.0M | +2.36% |
| Q4 2023 | 2023-12-31 | $3.09B | — | — |
| Q3 2023 | 2023-09-30 | $2.96B | $138.0M | +4.88% |
| Q2 2023 | 2023-06-30 | $3.15B | — | — |
| Q1 2023 | 2023-03-31 | $2.84B | — | — |
| Q3 2022 | 2022-09-30 | $2.83B | −$251.0M | −8.15% |
| Q4 2021 | 2021-12-31 | $3.08B | $2.51B | +438.29% |
| Q3 2021 | 2021-09-30 | $3.08B | $271.0M | +9.65% |
| Q2 2021 | 2021-06-30 | $3.15B | $533.0M | +20.37% |
| Q1 2021 | 2021-03-31 | $2.91B | $2.34B | +411.62% |
| Q4 2020 | 2020-12-31 | $572.0M | −$4.69B | −89.13% |
| Q3 2020 | 2020-09-30 | $2.81B | −$14.0M | −0.50% |
| Q2 2020 | 2020-06-30 | $2.62B | $2.11B | +420.08% |
| Q1 2020 | 2020-03-31 | $568.0M | −$2.11B | −78.81% |
| Q4 2019 | 2019-12-31 | $5.26B | — | — |
| Q3 2019 | 2019-09-30 | $2.82B | — | — |
| Q2 2019 | 2019-06-30 | $503.0M | — | — |
| Q1 2019 | 2019-03-31 | $2.68B | — | — |
Otis Worldwide operating expenses trends
Between the periods ended 2018-12-31 and 2025-12-31, Otis Worldwide's operating expenses decreased from $11.11B to $2.15B, a change of −$8.95B. The latest reported quarter, Q2 2026, shows $3.28B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Otis Worldwide source filings ↗