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AI brief of an SEC Form 8-K · Otis Worldwide (OTIS)

Otis Q3 net sales rise 6% to $3.9 billion; adjusted EPS flat at $1.05

Mixed Impact 3 of 5 earnings

Otis reported third quarter 2026 net sales of $3.9 billion, up 6%, with Service sales up 8%. GAAP EPS rose 14% to $1.08, but adjusted EPS was flat at $1.05 and adjusted operating profit fell $6 million, as weaker New Equipment profit offset Service gains. The company maintained its full-year 2026 outlook, including adjusted EPS of $4.01 to $4.05.

Key points

  • Q3 2026 net sales were $3.9 billion, up 6%; Service net sales rose 8% and New Equipment net sales rose 3%
  • GAAP EPS was $1.08, up 14% from $0.95; adjusted EPS was $1.05, flat versus the prior year
  • Adjusted operating profit was $626 million, down $6 million; New Equipment segment operating profit fell to $42 million from $59 million
  • Full-year 2026 outlook maintained: net sales of $15.1 to $15.3 billion and adjusted EPS of $4.01 to $4.05

The filing

CompanyOtis Worldwide (OTIS)
Form8-K, current report
Filed with the SECOct 28, 2026, 6:04 AM ET
Accession number0001781335-26-000124

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

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.