Otis Worldwide (OTIS) Tops Q3 EPS by 4c, Beats on Revenue; Offers FY26 Guidance

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OTIS REPORTS THIRD QUARTER 2026 RESULTS

October 28, 2026 6:09 AM EDT

Otis delivers high single digit Service net sales growth and low single digit New Equipment net sales growth; Service operating profit margin improved sequentially; broadly maintaining full year outlook

Third quarter 2026

Net sales up 6% and organic sales up 6%, driven by Service net sales up 8% with organic sales up 7%, and New Equipment net sales up 3% with organic sales up 3% GAAP operating profit up $34 million and adjusted operating profit down $6 million Service operating profit margin improved by 100 bps sequentially to... More