Why did Otis Worldwide (NYSE:OTIS) sales increase in Q2 2026?

Otis Worldwide (NYSE:OTIS) said sales increased primarily because its Service business grew across maintenance, repair and modernization. Total sales rose 7% to $3.86 billion, while organic sales increased 6%.

What are Otis Worldwide’s (NYSE:OTIS) Q2 earnings and margins?

Otis Worldwide (NYSE:OTIS) reported GAAP EPS of $1.12, up 13%, while adjusted EPS declined 4% to $1.01. GAAP operating margin was 14.9%, and adjusted operating margin fell 180 basis points to 15.2%.

How did Otis Worldwide’s (NYSE:OTIS) business segments perform?

Otis Worldwide (NYSE:OTIS) reported 9% organic Service growth, including 24% modernization growth and 6% maintenance and repair growth. New Equipment organic sales declined 1%, orders fell 5% at constant currency and segment profit dropped to $40 million.

What cash flow did Otis Worldwide (NYSE:OTIS) generate?

Otis Worldwide (NYSE:OTIS) generated $267 million in operating cash flow and $290 million in adjusted free cash flow during the quarter. The company also repurchased approximately $400 million of its shares.

What is Otis Worldwide’s (NYSE:OTIS) full-year 2026 guidance?

Otis Worldwide (NYSE:OTIS) now expects net sales of $15.1–$15.3 billion and adjusted operating profit of approximately $2.4 billion. The company forecasts adjusted EPS of $4.01–$4.05 and adjusted free cash flow of $1.50–$1.55 billion.

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Otis Q2 sales rise 7% to $3.9 billion

Written by Isaac FrancisPublished Jul 22, 2026, 10:25 AM

Otis reported second-quarter net sales of $3.86 billion, up 7%, with organic growth of 6%.
Adjusted EPS fell 4% to $1.01, while Otis shares were down 2.1% at $71.95.
Otis revised its full-year outlook to adjusted EPS of $4.01–$4.05 and sales of $15.1–$15.3 billion.

Otis Worldwide (NYSE:OTIS) reported second-quarter sales of $3.86 billion, up 7%, as Service growth offset weaker New Equipment profitability.

Organic sales rose 6%, but adjusted operating profit fell $25 million to $587 million and adjusted margin dropped to 15.2%.

Service organic sales rose 9%, including 24% modernization growth, while New Equipment orders fell 5% and its margin reached 3.1%.

Following the announcement, Otis share price was down 2.1% at $71.95 in premarket trading.

Otis generated $267 million in operating cash flow, $290 million in adjusted free cash flow and repurchased approximately $400 million of shares.

Otis said it now expects full-year sales of $15.1–$15.3 billion, adjusted operating profit of about $2.4 billion and adjusted EPS of $4.01–$4.05.

Otis Q2 sales rise 7% to $3.9 billion

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