Otis Worldwide CORP 10-Q quarterly reports

Otis Worldwide Corporation reports increased net sales and operating profit for Q2 2026, driven by strong performance in its Service segment, despite a slight decline in New Equipment.

Otis Worldwide Corporation reported a 6% increase in net sales for Q1 2026, driven by strong service revenue, while net income attributable to Otis increased to $340 million.

Otis Worldwide Corporation reports mixed Q3 2025 results with strong service segment growth, but a decline in new equipment sales and lower net income due to higher interest and tax expenses.

Otis Worldwide Corporation reported a decline in second-quarter net income and diluted EPS, primarily due to a significant drop in New Equipment sales, while its Service segment continued to deliver strong organic growth and margin expansion.

Otis Worldwide Corporation's Q1 2025 net sales decreased slightly, impacted by foreign currency translation and restructuring activities, while the company continues its UpLift transformation program.

Otis Worldwide Corporation's Q3 2024 results show a significant increase in net income, primarily due to a favorable ruling in a German tax litigation.

Otis Worldwide Corporation's second quarter results show a decrease in net sales but an increase in gross margin percentage compared to the same period last year.

Otis Worldwide Corporation's first quarter 2024 results show a net income of $353 million, up from $331 million in the same period last year, driven by service sales growth and a lower effective tax rate.