Otis WorldwideOTISEarnings & Financial Report
Otis Worldwide Corporation styled as OTIS is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.
OTIS Q1 FY2026 Key Financial Metrics
Revenue
$3.6B
Gross Profit
N/A
Operating Profit
$539.0M
Net Profit
$340.0M
Gross Margin
N/A
Operating Margin
15.1%
Net Margin
9.5%
YoY Growth
1.0%
EPS
$0.87
Otis Worldwide Q1 FY2026 Financial Summary
Otis Worldwide reported revenue of $3.6B (up 1.0% YoY) for Q1 FY2026, with a net profit of $340.0M (up 39.9% YoY) (9.5% margin).
Key Financial Metrics
| Total Revenue | $3.6B |
|---|---|
| Net Profit | $340.0M |
| Gross Margin | N/A |
| Operating Margin | 15.1% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Otis Worldwide Q1 FY2026 revenue of $3.6B breaks down across 2 segments, led by Service at $2.4B (67.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Service | $2.4B | 67.8% |
| New Equipment | $1.1B | 32.2% |
Otis Worldwide Revenue by Segment — Quarterly Trend
Otis Worldwide revenue by segment across the last 4 reported quarters, showing how each business line (such as Service and New Equipment) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Service | $2.4B | — | — | — |
| New Equipment | $1.1B | $1.3B | $1.3B | $1.3B |
Otis Worldwide Annual Revenue by Year
Otis Worldwide annual revenue history includes year-by-year totals (for example, 2025 revenue was $14.4B).
Otis Worldwide Quarterly Revenue & Net Profit History
Otis Worldwide results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $3.6B | +1.0% | $340.0M | 9.5% |
| Q4 FY2025 | $3.8B | +3.3% | $374.0M | 9.9% |
| Q3 FY2025 | $3.7B | +4.0% | $374.0M | 10.1% |
| Q2 FY2025 | $3.6B | -0.2% | $393.0M | 10.9% |
| Q1 FY2025 | $3.4B | -2.5% | $243.0M | 7.3% |
| Q4 FY2024 | $3.7B | +1.5% | $337.0M | 9.2% |
| Q3 FY2024 | $3.5B | +0.7% | $540.0M | 15.2% |
| Q2 FY2024 | $3.6B | -3.2% | $415.0M | 11.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.60B | $3.55B | $3.67B | $3.35B | $3.60B | $3.69B | $3.80B | $3.57B |
| YoY Growth | -3.2% | 0.7% | 1.5% | -2.5% | -0.2% | 4.0% | 3.3% | 1.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $9.86B | $10.26B | $11.32B | $11.18B | $10.49B | $10.77B | $10.65B | $10.54B |
| Liabilities | $14.74B | $15.04B | $16.04B | $16.17B | $15.70B | $16.06B | $15.92B | $15.98B |
| Equity | $-5.05B | $-4.90B | $-4.85B | $-5.13B | $-5.37B | $-5.42B | $-5.39B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $308.0M | $394.0M | $690.0M | $190.0M | $215.0M | $374.0M | $817.0M |