Filing Flows › Otis Worldwide (OTIS) › Q3 2026 › vs Q2 2026
Otis Worldwide (OTIS) Q3 2026 vs Q2 2026 (quarter over quarter)
Otis Worldwide's revenue rose $55.0M (+1%) from $3.9B in Q2 2026 to $3.9B in Q3 2026. The biggest changes: Service sales +$36.0M (+1%); Product +$19.0M (+1%). Operating margin 15.8% against 14.9% (+0.9 pts).
Otis Worldwide, Q3 2026: revenue $3.9B (+6% year over year), operating margin 15.8%, net earnings $414M, operating cash flow $337M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.8% | 14.9% | +0.9 pts |
| Net margin | 10.6% | 11.1% | -0.5 pts |
| Free cash flow margin | 7.6% | 5.8% | +1.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Service sales | $2.6B | $2.6B | $36.0M | +1% |
| Product | $1.3B | $1.3B | $19.0M | +1% |
| Revenue | $3.9B | $3.9B | $55.0M | +1% |
| Operating profit | $620M | $575M | $45.0M | +8% |
| Costs & expenses | $3.3B | $3.3B | $10.0M | +0.3% |
| Pre-tax earnings | $552M | $547M | $5.0M | +0.9% |
| Other expense, net | $68.0M | $28.0M | $40.0M | +143% |
| Research & development | $40.0M | $39.0M | $1.0M | +3% |
| SG&A | $489M | $520M | −$31.0M | -6% |
| Other operating costs | $2.8B | $2.7B | $40.0M | +1% |
| Net earnings | $414M | $428M | −$14.0M | -3% |
| Minority interests | $12.0M | $21.0M | −$9.0M | -43% |
| Income tax | $126M | $98.0M | $28.0M | +29% |
| Depreciation & amortization | $41.0M | $42.0M | −$1.0M | -2% |
| Share-based compensation | $18.0M | $20.0M | −$2.0M | -10% |
| Working capital & other | $136M | $223M | −$87.0M | -39% |
| Operating cash flow | $337M | $267M | $70.0M | +26% |
| Free cash flow (OCF − capex) | $298M | $223M | $75.0M | +34% |
| Capital expenditures | $39.0M | $44.0M | −$5.0M | -11% |
Questions
How much did Otis Worldwide's revenue grow quarter over quarter in Q3 2026?
Otis Worldwide's revenue rose $55.0M (+1%) from $3.9B in Q2 2026 to $3.9B in Q3 2026.
What drove Otis Worldwide's revenue change in Q3 2026?
Service sales +$36.0M (+1%); Product +$19.0M (+1%).