Income Statement - Otis Worldwide Corp (OTIS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | |
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 14.43 | 14.26 | 14.21 | 13.69 | 14.30 | 12.76 | 13.12 | 12.92 | 12.32 |
| Cost of revenue | 10.06 | 10.00 | 10.02 | 9.77 | 10.11 | 8.98 | 9.29 | 9.19 | 8.62 |
| Gross profit | 4.37 | 4.26 | 4.19 | 3.92 | 4.19 | 3.78 | 3.83 | 3.73 | 3.70 |
| Total operating expenses | 2.24 | 2.25 | 2.03 | 1.89 | 2.09 | 2.14 | 2.01 | 1.89 | 1.79 |
| Operating income | 2.13 | 2.01 | 2.19 | 2.03 | 2.11 | 1.64 | 1.81 | 1.84 | 1.92 |
| Non-operating income (net) | -0.20 | 0.03 | -0.16 | -0.15 | -0.15 | -0.13 | 0.05 | 0.06 | 0.04 |
| Income before tax | 1.93 | 2.04 | 2.03 | 1.89 | 1.96 | 1.51 | 1.86 | 1.89 | 1.96 |
| Income tax expense | 0.48 | 0.31 | 0.53 | 0.52 | 0.54 | 0.46 | 0.59 | 0.68 | 1.15 |
| Net income | 1.38 | 1.65 | 1.41 | 1.25 | 1.25 | 0.91 | 1.12 | 1.05 | 0.64 |
Show Quarterly Income Statement
Income Statement - Otis Worldwide Corp (OTIS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3.57 | 3.80 | 3.69 | 3.60 | 3.35 | 3.68 | 3.55 | 3.60 | 3.44 | 3.62 | 3.52 | 3.72 | 3.35 | 3.44 | 3.34 | 3.49 | 3.41 | 3.57 | 3.62 | 3.70 | 3.41 | 3.49 | 3.27 | 3.03 | 2.97 | 3.35 | 3.31 | 3.35 | 3.10 |
| Cost of revenue | 2.48 | 2.65 | 2.56 | 2.51 | 2.35 | 2.60 | 2.47 | 2.52 | 2.41 | 2.55 | 2.48 | 2.64 | 2.35 | 2.48 | 2.37 | 2.51 | 2.41 | 2.53 | 2.56 | 2.63 | 2.39 | 2.48 | 2.29 | 2.14 | 2.07 | 2.39 | 2.34 | 2.37 | 2.20 |
| Gross profit | 1.08 | 1.15 | 1.13 | 1.09 | 1.00 | 1.07 | 1.08 | 1.08 | 1.03 | 1.07 | 1.05 | 1.08 | 1.00 | 0.96 | 0.97 | 0.98 | 1.01 | 1.04 | 1.06 | 1.08 | 1.02 | 1.01 | 0.98 | 0.89 | 0.90 | 0.97 | 0.98 | 0.98 | 0.90 |
| Total operating expenses | 0.54 | 0.56 | 0.55 | 0.54 | 0.59 | 0.54 | 0.72 | 0.51 | 0.48 | 0.55 | 0.48 | 0.50 | 0.48 | 0.47 | 0.44 | 0.50 | 0.48 | 0.54 | 0.52 | 0.51 | 0.51 | 0.57 | 0.53 | 0.48 | 0.57 | 0.53 | 0.49 | 0.50 | 0.49 |
| Operating income | 0.54 | 0.59 | 0.59 | 0.55 | 0.41 | 0.53 | 0.36 | 0.57 | 0.54 | 0.52 | 0.57 | 0.58 | 0.51 | 0.49 | 0.53 | 0.49 | 0.53 | 0.50 | 0.54 | 0.56 | 0.51 | 0.44 | 0.45 | 0.42 | 0.33 | 0.44 | 0.48 | 0.48 | 0.42 |
| Non-operating income (net) | -0.06 | -0.06 | -0.07 | -0.03 | -0.05 | -0.05 | 0.15 | -0.03 | -0.04 | -0.05 | -0.04 | -0.04 | -0.03 | -0.04 | -0.04 | -0.04 | -0.04 | -0.05 | -0.04 | -0.03 | -0.03 | -0.04 | -0.04 | -0.04 | 0.00 | 0.00 | 0.02 | 0.01 | 0.01 |
| Income before tax | 0.48 | 0.53 | 0.52 | 0.52 | 0.37 | 0.48 | 0.51 | 0.54 | 0.50 | 0.48 | 0.53 | 0.54 | 0.48 | 0.46 | 0.49 | 0.45 | 0.49 | 0.45 | 0.51 | 0.53 | 0.48 | 0.40 | 0.41 | 0.37 | 0.33 | 0.44 | 0.50 | 0.50 | 0.43 |
| Income tax expense | 0.13 | 0.14 | 0.13 | 0.10 | 0.11 | 0.13 | -0.05 | 0.09 | 0.13 | 0.13 | 0.14 | 0.14 | 0.13 | 0.14 | 0.14 | 0.10 | 0.14 | 0.14 | 0.13 | 0.15 | 0.12 | 0.12 | 0.10 | 0.11 | 0.13 | 0.18 | 0.14 | 0.14 | 0.13 |
| Net income | 0.34 | 0.37 | 0.37 | 0.39 | 0.24 | 0.34 | 0.54 | 0.42 | 0.35 | 0.32 | 0.38 | 0.38 | 0.33 | 0.30 | 0.32 | 0.32 | 0.31 | 0.28 | 0.33 | 0.33 | 0.31 | 0.25 | 0.27 | 0.22 | 0.17 | 0.22 | 0.32 | 0.31 | 0.27 |