Otis Worldwide Corporation (OTIS) Revenue by Segment

Otis Worldwide revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Otis Worldwide's largest business segment was Services, with $2.58 billion or 67% of revenue, up 11.3% from a year earlier. Next: New Equipment (33%).

By product or service, Service brought in 67% and Product brought in 33% of revenue in Q2 fiscal 2026.

By region, Other brought in 57%, United States brought in 30% and China brought in 13% of revenue in Q3 fiscal 2024.

The fastest-growing business segment from a year earlier was Services (+11.3%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2019.

Otis Worldwide Corporation

OTISCommercial Services

United States

Commercial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

ServicesNew Equipment

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before	Trend
Services	USD 2.58B	66.9%	+11.3%
New Equipment	USD 1.28B	33.1%	+0.2%

Sum of items USD 3.86B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19
Services	2.6B	2.4B	2.5B	2.4B	2.3B	2.2B	2.3B	2.2B	2.2B	2.2B	2.2B	2.1B	2.1B	2.0B	–	1.9B	2.0B	2.0B	2.0B	1.9B	2.0B	1.9B	2.0B	1.8B	1.7B	1.8B	1.9B	1.9B	1.9B	1.8B
New Equipment	1.3B	1.1B	1.3B	1.3B	1.3B	1.2B	1.4B	1.3B	1.4B	1.3B	1.5B	1.4B	1.6B	1.3B	–	1.4B	1.5B	1.4B	1.6B	1.7B	1.7B	1.5B	1.5B	1.4B	1.3B	1.1B	1.4B	1.4B	1.5B	1.3B

Otis Worldwide revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Services	$2.6B	$2.4B	$2.4B	$2.3B	67%
New Equipment	$1.3B	$1.1B	$1.3B	$1.3B	33%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Otis Worldwide revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Service	$2.6B	$2.4B	$2.4B	$2.3B	67%
Product	$1.3B	$1.1B	$1.3B	$1.3B	33%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Otis Worldwide revenue by region, last 4 quarters

Region	Q3 FY24	Q2 FY24	Q1 FY24	Q3 FY23	Share
Other	$2.0B	$2.0B	$1.9B	$1.9B	57%
United States	$1.1B	$1.1B	$1.1B	$1.0B	30%
China	$469.0M	$542.0M	$425.0M	$596.0M	13%

In USD, fiscal quarters as reported; share = part of Q3 FY24 revenue.

Questions and answers

What are Otis Worldwide's business segments?

Services and New Equipment (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Otis Worldwide?

Services: $2.58 billion, or 67% of revenue, in Q2 fiscal 2026.

What are Otis Worldwide's main products and services?

By revenue in Q2 fiscal 2026: Service (67%) and Product (33%).

Where does Otis Worldwide make its money?

By region in Q3 fiscal 2024: Other (57%), United States (30%) and China (13%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.