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.
Revenue
$3.4B
Gross Profit
N/A
Operating Profit
$411.0M
Net Profit
$243.0M
Gross Margin
N/A
Operating Margin
12.3%
Net Margin
7.3%
YoY Growth
-2.5%
EPS
$0.61
Otis Worldwide Q1 FY2025 Financial Summary
Otis Worldwide reported revenue of $3.4B (down 2.5% YoY) for Q1 FY2025, with a net profit of $243.0M (down 31.2% YoY) (7.3% margin).
Key Financial Metrics
| Total Revenue | $3.4B |
|---|---|
| Net Profit | $243.0M |
| Gross Margin | N/A |
| Operating Margin | 12.3% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
Otis Worldwide Q1 FY2025 revenue of $3.4B breaks down across 2 segments, led by Services at $2.2B (65.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Services | $2.2B | 65.3% |
| New Equipment | $1.2B | 34.7% |
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 Services and New Equipment) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Services | — | $2.5B | $2.4B | $2.3B |
| 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).
| 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 |