Otis Worldwide (OTIS) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Otis Worldwide published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Otis Worldwide reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Otis's GAAP results a year earlier carried UpLift restructuring and transformation costs and separation-related adjustments that were absent in Q3 2026, which is why GAAP EPS rose 14% while adjusted EPS was flat.

Source: Otis Q3 2026 results, October 28, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Otis Worldwide splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Otis Worldwide's New Equipment revenue was $1.3 billion in Q3 2026, up 3% from $1.3 billion in Q3 2025, 33% of total revenue.
• Otis Worldwide's Service revenue was $2.6 billion in Q3 2026, up 8% from $2.4 billion in Q3 2025, 67% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Otis Worldwide said:

“Net sales of $15.1 to $15.3 billion”

“Organic sales up low to mid-single digits”

“Adjusted EPS of $4.01 to $4.05”

“Adjusted free cash flow of ~$1.5 billion (vs. prior range of $1.50 to $1.55 billion)”

Source: Otis Q3 2026 earnings release, Oct 28, 2026.

This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the OTIS forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release.

Otis Worldwide's next report is expected around January 27, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 28, 2026

Otis Worldwide has two segments. Service, which maintains, repairs and modernizes elevators and escalators, brought in $2,616 million of Otis's $3,914 million in Q3 2026 net sales. New Equipment, which designs, makes and installs elevators, escalators and moving walkways, brought in $1,298 million. In 2025 Service was 65% of net sales and 91% of segment operating profit. (Otis Q3 2026 earnings release (Form 8-K, Exhibit 99), Oct 28, 2026; Otis Form 10-K, 2025, Feb 5, 2026)

Service net sales rose 8%, or 7% organically. Within Service, organic maintenance and repair sales grew 4% and organic modernization sales grew 20%. Otis maintains a portfolio of about 2.5 million units worldwide, which includes equipment made by other manufacturers, and in April 2026 it bought majority ownership of a French elevator maintenance, repair and modernization company for $170 million. (Otis Q3 2026 earnings release (Form 8-K, Exhibit 99), Oct 28, 2026; Otis Form 10-K, 2025, Feb 5, 2026; Otis Form 10-Q, Q3 2026, Oct 29, 2026)

New Equipment net sales rose 3%, both reported and organic. Otis reported low teens growth in the Americas, mid-single digit growth in EMEA and high single digit growth in Asia Pacific, partly offset by a decline of more than 20% in China. New Equipment orders were up 1% at constant currency, with China orders down low teens. (Otis Q3 2026 earnings release (Form 8-K, Exhibit 99), Oct 28, 2026)

Otis is mostly an international business: operations outside the U.S. were about 71% of net sales in 2025. (Otis Form 10-K, 2025, Feb 5, 2026)

Otis Worldwide's GAAP diluted EPS rose 14% to $1.08 in Q3 2026, while adjusted EPS was flat at $1.05. The GAAP increase came mostly from the absence of UpLift transformation costs, separation-related adjustments and other one-off items that weighed on the year-ago quarter. In Q3 2026 GAAP EPS was above adjusted EPS, because adjusted results leave out a $15 million income tax benefit tied to a German tax ruling, alongside $5 million of restructuring costs. (Otis Q3 2026 earnings release (Form 8-K, Exhibit 99), Oct 28, 2026)

Otis said a lower share count and lower minority interest helped adjusted EPS, offset by a higher tax rate, higher interest and unfavorable currency. Diluted shares fell to 381.9 million from 392.8 million. The adjusted effective tax rate was 25.7%, against 24.5% a year earlier, and adjusted net interest expense rose to $69 million from $61 million. (Otis Q3 2026 earnings release (Form 8-K, Exhibit 99), Oct 28, 2026)

Margins narrowed. Adjusted operating profit fell $6 million to $626 million, and the adjusted operating margin dropped 110 basis points to 16.0%. Service segment margin was 24.2%, down 130 basis points from a year earlier but up 100 basis points from Q2, and New Equipment margin fell to 3.2% from 4.7% on unfavorable price and mix. (Otis Q3 2026 earnings release (Form 8-K, Exhibit 99), Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Otis Worldwide gives a full-year outlook in its release. For 2026 it kept net sales of $15.1 to $15.3 billion, organic sales up low to mid-single digits, adjusted operating profit of about $2.4 billion and adjusted EPS of $4.01 to $4.05. It now expects adjusted free cash flow of about $1.5 billion, against a prior range of $1.50 to $1.55 billion. (Otis Q3 2026 earnings release (Form 8-K, Exhibit 99), Oct 28, 2026)

Within that outlook, Otis expects organic New Equipment sales down low single digits to flat and organic Service sales up mid to high single digits. Over the first nine months of 2026 it returned about $1.3 billion to shareholders through about $800 million of share repurchases and about $500 million of dividends. (Otis Q3 2026 earnings release (Form 8-K, Exhibit 99), Oct 28, 2026)

A consensus figure is the average of the models published by the analysts who cover Otis Worldwide, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Otis Worldwide's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning OTIS is on is OTIS a buy or a sell?, what analysts expect next is on the OTIS forecast, and what the company does is on the Otis Worldwide (OTIS) stock page.

Every number on this page can be traced to a document Otis Worldwide published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.