Filing Flows › Otis Worldwide (OTIS) › Q2 2025
Otis Worldwide (OTIS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
Otis Worldwide (OTIS) reported revenue of $3.6B for the second quarter 2025 (Q2 2025), -0.2% from a year earlier and +7% from the quarter before. Operating margin was 15.2%, net earnings $393M (10.9% of revenue).
Otis Worldwide, Q2 2025: revenue $3.6B (-0.2% year over year), operating margin 15.2%, net earnings $393M, operating cash flow $215M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | +7% | -0.2% |
| Operating profit | $547M | +33% | -4% |
| Net earnings | $393M | +62% | -5% |
| Operating cash flow | $215M | +13% | -30% |
| Free cash flow | $179M | +15% | -37% |
What changed
Revenue was $3.6B in Q2 2025, roughly flat year over year and up 7% from the previous quarter. Service sales was the largest line at 65% of revenue. Product lost $0.14B year over year (down 10%), 2417% of the total change.
Operating profit was $0.55B, a 15.2% margin (down 0.6 points year over year). Total costs grew 1% against flat revenue. The fastest-growing cost line was SG&A (+11%). Net earnings were $0.39B, down 5% year over year. The effective tax rate was 18.8%.
Operating cash flow was $0.21B (down 30% year over year), 51% of net income including minority interests. Non-cash charges added back $0.04B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.28B. Capital expenditures of $0.04B left free cash flow of $0.18B.
Questions
What was Otis Worldwide's revenue in the second quarter 2025?
Otis Worldwide (OTIS) reported revenue of $3.6B for the second quarter 2025 (Q2 2025), -0.2% from a year earlier and +7% from the quarter before.
Was Otis Worldwide profitable in the second quarter 2025?
Operating profit was $547M (15.2% of revenue) and net earnings $393M.
Source: Otis Worldwide 10-Q on SEC EDGAR.