Quick Answer
Otis Worldwide Corp reported R&D Expense of $152.00 million for fiscal year 2025.
Otis Worldwide Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $152.00M | +0.0% |
| 2024 | $152.00M | +5.6% |
| 2023 | $144.00M | -4.0% |
| 2022 | $150.00M | -5.7% |
| 2021 | $159.00M | +4.6% |
| 2020 | $152.00M | -6.7% |
| 2019 | $163.00M | -9.9% |
| 2018 | $181.00M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $36.00M | -10.0% | -5.3% |
| June 30, 2025 | $38.00M | -2.6% | +2.7% |
| March 31, 2025 | $37.00M | +2.8% | -7.5% |
| September 30, 2024 | $40.00M | +11.1% | +2.6% |
| June 30, 2024 | $39.00M | +8.3% | +8.3% |
| March 31, 2024 | $36.00M | +2.9% | +0.0% |
| September 30, 2023 | $36.00M | -2.7% | +0.0% |
| June 30, 2023 | $36.00M | -5.3% | +2.9% |
- Otis Worldwide Corp showed an increase of +0.0% in R&D Expense compared to the prior fiscal year.
- Over the 2018–2025 period, Otis Worldwide Corp’s r&d expense has declined by 16.0% (from $181.00 million to $152.00 million).
- The most recent figure is from Otis Worldwide Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 5, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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