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Otis Worldwide Corp (OTIS) Form 10-Q — Jul 23, 2026

$OTISForm 10-QFiled Jul 23, 2026, 4:12 PM ET0001781335-26-000113Original filing

Otis Worldwide reported net sales of $3.86 billion for the second quarter of 2026, an increase of 7% compared to the prior year, driven primarily by an 11% rise in Service segment sales. Net income attributable to Otis grew to $428 million, or $1.12 per diluted share, up from $393 million, or $0.99 per diluted share, in the second quarter of 2025, supported by higher operating profit and a lower effective tax rate.

Key figures

Eps
1.99
Revenue
7425
Net Income
768
Total Debt
8436
Debt Amount
700
Revenue Yoy
6.9%
Cash Position
813
Interest Rate
4.488%
Shares Outstanding
380669339
Service sales 6m
4997
Share repurchases 6m
807
New equipment sales 6m
2428

Price after filing

1 day: -0.0%7 days: -0.4%30 days: -0.6%

Close on the filing date to close N calendar days later (from $71.95). Historical, not a forecast.

AI analysis

Red flags3 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    Otis Worldwide Corp (OTIS) Form 10-Q — Jul 23, 2026: AI Analysis | Signal8