Filing Flows › Otis Worldwide (OTIS) › Q2 2026
Otis Worldwide (OTIS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 23, 2026
Otis Worldwide (OTIS) reported revenue of $3.9B for the second quarter 2026 (Q2 2026), +7% from a year earlier and +8% from the quarter before. Operating margin was 14.9%, net earnings $428M (11.1% of revenue).
Otis Worldwide, Q2 2026: revenue $3.9B (+7% year over year), operating margin 14.9%, net earnings $428M, operating cash flow $267M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9B | +8% | +7% |
| Operating profit | $575M | +7% | +5% |
| Net earnings | $428M | +26% | +9% |
| Operating cash flow | $267M | -35% | +24% |
| Free cash flow | $223M | -41% | +25% |
What changed
Revenue was $3.9B in Q2 2026, up 7% year over year and up 8% from the previous quarter. Service sales was the largest line at 67% of revenue. Service sales added $0.26B year over year (up 11%), 99% of the total change.
Operating profit was $0.57B, a 14.9% margin (down 0.3 points year over year). Of the extra revenue versus Q2 2025, 11% reached operating profit, below the 15% margin then. Total costs grew 8% against revenue growth of 7%. Net earnings were $0.43B, up 9% year over year. The effective tax rate was 17.9%.
Operating cash flow was $0.27B (up 24% year over year), 59% 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 $0.24B. Capital expenditures of $0.04B left free cash flow of $0.22B.
Questions
What was Otis Worldwide's revenue in the second quarter 2026?
Otis Worldwide (OTIS) reported revenue of $3.9B for the second quarter 2026 (Q2 2026), +7% from a year earlier and +8% from the quarter before.
Was Otis Worldwide profitable in the second quarter 2026?
Operating profit was $575M (14.9% of revenue) and net earnings $428M.
Source: Otis Worldwide 10-Q on SEC EDGAR.