The financials
Otis Worldwide by the numbers
Otis Worldwide (OTIS) reported revenue of $3.86B in Q2 2026 (quarter ended June 30, 2026), up 7.3% from the same quarter a year earlier. That came with net income of $428M (11% of revenue). For the full year FY2025, revenue was $14.4B (+1.2% year on year) and net income $1.38B. Its largest product in 2024-Q3 was Service at $2.24B, 50% of the disclosed total, just ahead of Service Maintenance And Repair at 41%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $3.86B | $3.60B | +7.3% |
| Operating income | $575M | $547M | +5.1% |
| Net income | $428M | $393M | +8.9% |
| Diluted EPS | $1.12 | $0.99 | +13% |
| Product | Revenue | Share |
|---|---|---|
| Service | $2.24B | 50% |
| Service Maintenance And Repair | $1.82B | 41% |
| Service Modernization | $418M | 9.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.58B (+6.7%)
Service grew +11% year on year
Segment Latestquarter on quarteryear on year
- Service$2.58B$2.58BQoQ +6.7%year on year +11%+6.7%+11%
Specialty Industrial Machinery
Ranks #14 of 44 by Smart Score