Otis Q4 sales up 3%, adjusted EPS up 11% to $1.03; 2026 outlook guides EPS growth
Otis reported fourth-quarter 2025 net sales of $3.8 billion, up 3%, with GAAP EPS of $0.95 (up 13%) and adjusted EPS of $1.03 (up 11%). For full year 2025, GAAP EPS fell 14% to $3.50 because of a prior-year non-recurring tax benefit, while adjusted EPS rose 6% to $4.05. The company expects 2026 adjusted EPS to rise in the mid to high single digits, with net sales of $15.0 to $15.3 billion.
Key points
- Q4 2025 Service net sales rose 8% to $2.5 billion, while New Equipment net sales fell 5% to $1.3 billion.
- Full year 2025 share repurchases were approximately $800 million, and operating cash flow and adjusted free cash flow were $1.6 billion.
- 2026 outlook: net sales of $15.0 to $15.3 billion, adjusted operating profit of $2.5 to $2.6 billion, and adjusted free cash flow of $1.6 to $1.7 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.