Filing Flows › Otis Worldwide (OTIS) › Q2 2026 › vs Q2 2025
Otis Worldwide (OTIS) Q2 2026 vs Q2 2025 (year over year)
Otis Worldwide's revenue rose $264M (+7%) from $3.6B in Q2 2025 to $3.9B in Q2 2026. The biggest changes: Service sales +$261M (+11%); Product +$3.0M (+0.2%). Operating margin 14.9% against 15.2% (-0.3 pts).
Otis Worldwide, Q2 2026: revenue $3.9B (+7% year over year), operating margin 14.9%, net earnings $428M, operating cash flow $267M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 14.9% | 15.2% | -0.3 pts |
| Net margin | 11.1% | 10.9% | +0.2 pts |
| Free cash flow margin | 5.8% | 5.0% | +0.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Service sales | $2.6B | $2.3B | $261M | +11% |
| Product | $1.3B | $1.3B | $3.0M | +0.2% |
| Revenue | $3.9B | $3.6B | $264M | +7% |
| Operating profit | $575M | $547M | $28.0M | +5% |
| Costs & expenses | $3.3B | $3.0B | $236M | +8% |
| Pre-tax earnings | $547M | $521M | $26.0M | +5% |
| Other expense, net | $28.0M | $26.0M | $2.0M | +8% |
| Research & development | $39.0M | $38.0M | $1.0M | +3% |
| SG&A | $520M | $499M | $21.0M | +4% |
| Other operating costs | $2.7B | $2.5B | $214M | +9% |
| Net earnings | $428M | $393M | $35.0M | +9% |
| Minority interests | $21.0M | $30.0M | −$9.0M | -30% |
| Income tax | $98.0M | $98.0M | $0 | 0% |
| Depreciation & amortization | $42.0M | $44.0M | −$2.0M | -5% |
| Share-based compensation | $20.0M | $23.0M | −$3.0M | -13% |
| Working capital & other | $223M | $245M | −$22.0M | -9% |
| Operating cash flow | $267M | $215M | $52.0M | +24% |
| Free cash flow (OCF − capex) | $223M | $179M | $44.0M | +25% |
| Capital expenditures | $44.0M | $36.0M | $8.0M | +22% |
Questions
How much did Otis Worldwide's revenue grow year over year in Q2 2026?
Otis Worldwide's revenue rose $264M (+7%) from $3.6B in Q2 2025 to $3.9B in Q2 2026.
What drove Otis Worldwide's revenue change in Q2 2026?
Service sales +$261M (+11%); Product +$3.0M (+0.2%).