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Otis10-K: Capex increase

Otis invested $197M in R&D and digital initiatives in 2025, with plans to expand in 2026.

Read at SEC EDGAR

What happened

Otis is allocating significant capital ($152M R&D + $45M strategic) towards digital transformation, including its Otis ONE IoT platform, software, and user experience.

Source

SEC EDGARFeb 5, 2026

Annual report (Form 10-K)

Otis 10-K for FY2025

Filing excerpt

For 2025, research and development ("R&D") expense was $152 million and 1.1% as a percentage of net sales.

sec.gov/Archives/edgar/data/1781335/000178133526000011/otis-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Capex increase

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 5, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$197M (Combined R&D ($152M) and digital/strategic initiatives ($45M) for 2025)
Percent
1.4% (R&D and digital/strategic initiatives as a percentage of net sales)

Details

CIK
1781335
Accession number
0001781335-26-000011
Timeframe
Current year
Filing year
2026
Why it matters
Budget available
Signal category
Financial

Topics and mentions

Technologies

  • IoT
  • cloud

Extraction

Confidence
High
Relevance
80%
Sentiment
Positive
Detected
Feb 10, 2026
signal_type
sec-10k
signal_subtype
capexIncrease

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
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Show the full JSONThe record on this page and the API request

GET /v1/signals/744a854d-fe60-4093-8719-46b3f4825372 returns this record as JSON. POST /v1/companies/enrich returns every signal for otis.com.

{
  "signal_id": "744a854d-fe60-4093-8719-46b3f4825372",
  "signal_type": "sec-10k",
  "signal_subtype": "capexIncrease",
  "detected_at": "2026-02-10T07:50:23.704+00:00",
  "company": {
    "name": "Otis",
    "domain": "otis.com"
  },
  "data": {
    "detail": "Otis is allocating significant capital ($152M R&D + $45M strategic) towards digital transformation, including its Otis ONE IoT platform, software, and user experience. This spending creates opportunities for vendors in cloud, IoT, software development, and data analytics.",
    "metrics": {
      "pct": 0.014,
      "timeframe": "current_year",
      "pct_context": "R&D and digital/strategic initiatives as a percentage of net sales",
      "dollar_context": "Combined R&D ($152M) and digital/strategic initiatives ($45M) for 2025",
      "dollar_millions": 197
    },
    "summary": "Otis invested $197M in R&D and digital initiatives in 2025, with plans to expand in 2026.",
    "excerpts": "For 2025, research and development (\"R&D\") expense was $152 million and 1.1% as a percentage of net sales.",
    "relevance": 0.8,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1781335/000178133526000011/otis-20251231.htm",
    "filing_date": "2026-02-05",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Budget available",
    "signal_category": "financial",
    "technologies_mentioned": [
      "IoT",
      "cloud"
    ]
  }
}

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