8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Otis reports 6% third-quarter sales growth and maintains 2026 outlook
Filed with the SEC on · Summarized by InvestorsBot
Otis reported third-quarter 2026 net sales of $3.9 billion, up 6% year over year, with GAAP EPS rising 14% to $1.08 and adjusted EPS unchanged at $1.05. Service sales increased 8% and modernization sales rose 20%, but adjusted operating profit fell $6 million to $626 million as New Equipment profit declined; Otis maintained its full-year outlook, including $15.1 billion to $15.3 billion in sales, adjusted EPS of $4.01 to $4.05 and adjusted free cash flow of about $1.5 billion.