Otis Q2 FY26 GAAP EPS rises 13% to $1.12; net sales increase 7% to $3.9 billion

Otis Worldwide Corporation

Otis Worldwide Corporation

OTIS

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  • Otis posted Q2 2026 net sales of $3.86 billion, up 7% year over year; GAAP EPS rose 13% to $1.12.
  • GAAP operating profit increased to $575 million, up $28 million; operating margin narrowed 0.3 percentage point to 14.9%.
  • Service net sales climbed 11% to $2.58 billion; organic modernization sales rose 24% while segment margin fell 1.7 percentage points to 23.2%.
  • New Equipment segment profit dropped to $40 million from $68 million; New Equipment orders declined 5%.
  • Full-year outlook calls for net sales of $15.1 billion-$15.3 billion; adjusted EPS of $4.01-$4.05.


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