Otis WorldwideOTISEarnings & Financial Report
NYSE · Industrials · Industrial Machinery & Supplies & Components
Otis Worldwide Corporation styled as OTIS is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.
Revenue
$3.5B
Gross Profit
N/A
Operating Profit
$363.0M
Net Profit
$540.0M
Gross Margin
N/A
Operating Margin
10.2%
Net Margin
15.2%
YoY Growth
0.7%
EPS
$1.34
Otis Worldwide Q3 FY2024 Financial Summary
Otis Worldwide reported revenue of $3.5B (up 0.7% YoY) for Q3 FY2024, with a net profit of $540.0M (up 43.6% YoY) (15.2% margin).
Key Financial Metrics
| Total Revenue | $3.5B |
|---|---|
| Net Profit | $540.0M |
| Gross Margin | N/A |
| Operating Margin | 10.2% |
| Report Period | Q3 FY2024 |
Otis Worldwide Annual Revenue by Year
Otis Worldwide annual revenue history includes year-by-year totals (for example, 2025 revenue was $14.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $14.4B |
| 2024 | $14.3B |
| 2023 | $14.2B |
| 2022 | $13.7B |
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 |