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Otis Worldwide (OTIS) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 29, 2026

Otis Worldwide (OTIS) reported revenue of $3.9B for the third quarter 2026 (Q3 2026), +6% from a year earlier and +1% from the quarter before. Operating margin was 15.8%, net earnings $414M (10.6% of revenue).

Revenue$3.9B
Year over year+6%
Quarter over quarter+1%
Operating margin15.8%
Net earnings$414M

Otis Worldwide, Q3 2026: revenue $3.9B (+6% year over year), operating margin 15.8%, net earnings $414M, operating cash flow $337M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$3.9B+1%+6%
Operating profit$620M+8%+6%
Net earnings$414M-3%+11%
Operating cash flow$337M+26%-10%
Free cash flow$298M+34%-12%

What changed

Revenue was $3.9B in Q3 2026, up 6% year over year and up 1% from the previous quarter. Service sales was the largest line at 67% of revenue. Service sales added $0.18B year over year (up 8%), 82% of the total change.

Operating profit was $0.62B, a 15.8% margin (unchanged year over year). Of the extra revenue versus Q3 2025, 15% reached operating profit, below the 16% margin then. Total costs grew 6% against revenue growth of 6%. The fastest-growing cost line was Research & development (+11%). Net earnings were $0.41B, up 11% year over year. The effective tax rate was 22.8%.

Operating cash flow was $0.34B (down 10% year over year), 79% 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 $0.15B. Capital expenditures of $0.04B left free cash flow of $0.30B.

Questions

What was Otis Worldwide's revenue in the third quarter 2026?

Otis Worldwide (OTIS) reported revenue of $3.9B for the third quarter 2026 (Q3 2026), +6% from a year earlier and +1% from the quarter before.

Was Otis Worldwide profitable in the third quarter 2026?

Operating profit was $620M (15.8% of revenue) and net earnings $414M.

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Source: Otis Worldwide 10-Q on SEC EDGAR.