Otis Worldwide Corporation revenue by segment OTIS

Annual Quarterly

Otis Worldwide Corporation splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Service Maintenance And Repair at $7.6 billion, 53% of the total.

USD in millions. The percent under a figure is the change from the year before.

FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
Revenue
15,135
14,431
14,261
14,209
13,685
14,298
12,756
Service Maintenance And Repair
—
7,584
+5.2%
share 52.6%
7,211
+5.0%
share 50.6%
6,870
+7.5%
share 48.3%
6,393
-1.2%
share 46.7%
6,472
+7.0%
share 45.3%
6,047
share 47.4%
Product
—
4,989
-7.0%
share 34.6%
5,367
-7.7%
share 37.6%
5,812
-0.9%
share 40.9%
5,864
-8.8%
share 42.8%
6,428
+19.7%
share 45.0%
5,371
share 42.1%
Service Modernization
—
1,858
+10.4%
share 12.9%
1,683
+10.2%
share 11.8%
1,527
+6.9%
share 10.7%
1,428
+2.1%
share 10.4%
1,398
+4.5%
share 9.8%
1,338
share 10.5%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Electronic & Other Electrical Equipment (No Computer Equip) (SIC 3600)
Listed as
OTIS (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Farmington, CT
SEC filer status
Large accelerated filer
SEC CIK
1781335

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.