The Filings Report

Otis Worldwide Corporation

OTISNYSECIK 1781335Industrials / Electrical Equipmentfiscal year ends December31 quarters since 2019

Revenue, Q3 FY2026
$3.9B
+6.1% on Q3 FY2025
Net income
$414M
+10.7% on Q3 FY2025
Free cash flow
$298M
−11.6% on Q3 FY2025
Diluted EPS
$1.08
+13.7% on Q3 FY2025
Revenue, TTM
$15.1B
trailing four quarters
Net margin, TTM
10.3%
net income $1.6B
Free cash flow, TTM
$1.7B
$1.8B less $161M capex
Cash and equivalents
$866M
long-term debt $7.1B, Sep 30, 2026
Shares, 12-month change
−2.3%
381M shares, Sep 30, 2026
Buybacks, TTM
$807M
2.8% of market value
Dividends, TTM
$662M
2.3% of market value
Market value
$28.8B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, Otis Worldwide Corporation reported revenue of $3.9B, +6.1% on Q3 FY2025, and net income of $414M (+10.7%). Operating margin was 15.8%. Free cash flow, operating cash flow less capital expenditures, was $298M ($337M less $39M). Diluted earnings per share were $1.08.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.

Revenue and net incomeRevenueNet income
$0$1B$2B$3B$4BQ4'22, Revenue: $3.4BQ4'22, Net income: $297MQ4'22Q1'23, Revenue: $3.3BQ1'23, Net income: $331MQ1'23Q2'23, Revenue: $3.7BQ2'23, Net income: $376MQ2'23Q3'23, Revenue: $3.5BQ3'23, Net income: $376MQ3'23Q4'23, Revenue: $3.6BQ4'23, Net income: $323MQ4'23Q1'24, Revenue: $3.4BQ1'24, Net income: $353MQ1'24Q2'24, Revenue: $3.6BQ2'24, Net income: $415MQ2'24Q3'24, Revenue: $3.5BQ3'24, Net income: $540MQ3'24Q4'24, Revenue: $3.7BQ4'24, Net income: $337MQ4'24Q1'25, Revenue: $3.4BQ1'25, Net income: $243MQ1'25Q2'25, Revenue: $3.6BQ2'25, Net income: $393MQ2'25Q3'25, Revenue: $3.7BQ3'25, Net income: $374MQ3'25Q4'25, Revenue: $3.8BQ4'25, Net income: $374MQ4'25Q1'26, Revenue: $3.6BQ1'26, Net income: $340MQ1'26Q2'26, Revenue: $3.9BQ2'26, Net income: $428MQ2'26Q3'26, Revenue: $3.9BQ3'26, Net income: $414MQ3'26$0$1B$2B$3B$4BQ4'22, Revenue: $3.4BQ4'22, Net income: $297MQ1'23, Revenue: $3.3BQ1'23, Net income: $331MQ1'23Q2'23, Revenue: $3.7BQ2'23, Net income: $376MQ3'23, Revenue: $3.5BQ3'23, Net income: $376MQ3'23Q4'23, Revenue: $3.6BQ4'23, Net income: $323MQ1'24, Revenue: $3.4BQ1'24, Net income: $353MQ1'24Q2'24, Revenue: $3.6BQ2'24, Net income: $415MQ3'24, Revenue: $3.5BQ3'24, Net income: $540MQ3'24Q4'24, Revenue: $3.7BQ4'24, Net income: $337MQ1'25, Revenue: $3.4BQ1'25, Net income: $243MQ1'25Q2'25, Revenue: $3.6BQ2'25, Net income: $393MQ3'25, Revenue: $3.7BQ3'25, Net income: $374MQ3'25Q4'25, Revenue: $3.8BQ4'25, Net income: $374MQ1'26, Revenue: $3.6BQ1'26, Net income: $340MQ1'26Q2'26, Revenue: $3.9BQ2'26, Net income: $428MQ3'26, Revenue: $3.9BQ3'26, Net income: $414MQ3'26

Net income losses drawn in red.

Free cash flow
$0$200M$400M$600M$800MQ4'22, Free cash flow: $430MQ4'22Q1'23, Free cash flow: $253MQ1'23Q2'23, Free cash flow: $409MQ2'23Q3'23, Free cash flow: $272MQ3'23Q4'23, Free cash flow: $555MQ4'23Q1'24, Free cash flow: $140MQ1'24Q2'24, Free cash flow: $284MQ2'24Q3'24, Free cash flow: $362MQ3'24Q4'24, Free cash flow: $651MQ4'24Q1'25, Free cash flow: $156MQ1'25Q2'25, Free cash flow: $179MQ2'25Q3'25, Free cash flow: $337MQ3'25Q4'25, Free cash flow: $772MQ4'25Q1'26, Free cash flow: $380MQ1'26Q2'26, Free cash flow: $223MQ2'26Q3'26, Free cash flow: $298MQ3'26$0$200M$400M$600M$800MQ4'22, Free cash flow: $430MQ1'23, Free cash flow: $253MQ1'23Q2'23, Free cash flow: $409MQ3'23, Free cash flow: $272MQ3'23Q4'23, Free cash flow: $555MQ1'24, Free cash flow: $140MQ1'24Q2'24, Free cash flow: $284MQ3'24, Free cash flow: $362MQ3'24Q4'24, Free cash flow: $651MQ1'25, Free cash flow: $156MQ1'25Q2'25, Free cash flow: $179MQ3'25, Free cash flow: $337MQ3'25Q4'25, Free cash flow: $772MQ1'26, Free cash flow: $380MQ1'26Q2'26, Free cash flow: $223MQ3'26, Free cash flow: $298MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$2B$4B$6B$8BQ4'22, Cash and equivalents: $1.2BQ4'22, Long-term debt: $6.1BQ4'22Q1'23, Cash and equivalents: $1.1BQ1'23, Long-term debt: $6.1BQ1'23Q2'23, Cash and equivalents: $1.2BQ2'23, Long-term debt: $6.1BQ2'23Q3'23, Cash and equivalents: $1.6BQ3'23, Long-term debt: $6.8BQ3'23Q4'23, Cash and equivalents: $1.3BQ4'23, Long-term debt: $6.9BQ4'23Q1'24, Cash and equivalents: $884MQ1'24, Long-term debt: $6.8BQ1'24Q2'24, Cash and equivalents: $942MQ2'24, Long-term debt: $5.5BQ2'24Q3'24, Cash and equivalents: $827MQ3'24, Long-term debt: $5.6BQ3'24Q4'24, Cash and equivalents: $2.3BQ4'24, Long-term debt: $7.0BQ4'24Q1'25, Cash and equivalents: $1.9BQ1'25, Long-term debt: $6.9BQ1'25Q2'25, Cash and equivalents: $688MQ2'25, Long-term debt: $7.1BQ2'25Q3'25, Cash and equivalents: $840MQ3'25, Long-term debt: $7.6BQ3'25Q4'25, Cash and equivalents: $1.1BQ4'25, Long-term debt: $6.9BQ4'25Q1'26, Cash and equivalents: $834MQ1'26, Long-term debt: $6.9BQ1'26Q2'26, Cash and equivalents: $813MQ2'26, Long-term debt: $7.0BQ2'26Q3'26, Cash and equivalents: $866MQ3'26, Long-term debt: $7.1BQ3'26$0$2B$4B$6B$8BQ4'22, Cash and equivalents: $1.2BQ4'22, Long-term debt: $6.1BQ1'23, Cash and equivalents: $1.1BQ1'23, Long-term debt: $6.1BQ1'23Q2'23, Cash and equivalents: $1.2BQ2'23, Long-term debt: $6.1BQ3'23, Cash and equivalents: $1.6BQ3'23, Long-term debt: $6.8BQ3'23Q4'23, Cash and equivalents: $1.3BQ4'23, Long-term debt: $6.9BQ1'24, Cash and equivalents: $884MQ1'24, Long-term debt: $6.8BQ1'24Q2'24, Cash and equivalents: $942MQ2'24, Long-term debt: $5.5BQ3'24, Cash and equivalents: $827MQ3'24, Long-term debt: $5.6BQ3'24Q4'24, Cash and equivalents: $2.3BQ4'24, Long-term debt: $7.0BQ1'25, Cash and equivalents: $1.9BQ1'25, Long-term debt: $6.9BQ1'25Q2'25, Cash and equivalents: $688MQ2'25, Long-term debt: $7.1BQ3'25, Cash and equivalents: $840MQ3'25, Long-term debt: $7.6BQ3'25Q4'25, Cash and equivalents: $1.1BQ4'25, Long-term debt: $6.9BQ1'26, Cash and equivalents: $834MQ1'26, Long-term debt: $6.9BQ1'26Q2'26, Cash and equivalents: $813MQ2'26, Long-term debt: $7.0BQ3'26, Cash and equivalents: $866MQ3'26, Long-term debt: $7.1BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Otis Worldwide Corporation income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 23, 2026Q1 FY2026ended Mar 31, 2026filed Apr 23, 2026Q4 FY2025ended Dec 31, 2025filed Feb 5, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 24, 2025Q1 FY2025ended Mar 31, 2025filed Apr 24, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue3,9143,8593,5663,7963,6903,5953,3503,675+6.1%
Cost of revenue—————————
Gross profit—————————
Research and development4039384136383737+11.1%
Selling, general and administrative489520510512504499464495−3.0%
Operating income620575539589586547411531+5.8%
Other income (expense)—————————
Pretax income552547480526521521366483+6.0%
Income tax1269812714212998110130−2.3%
Net income414428340374374393243337+10.7%
Diluted EPS ($)1.081.120.87—0.950.990.61—+13.7%
Diluted shares (millions)382384390—393396399——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Otis Worldwide Corporation balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 23, 2026Q1 FY2026ended Mar 31, 2026filed Apr 23, 2026Q4 FY2025ended Dec 31, 2025filed Feb 5, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 24, 2025Q1 FY2025ended Mar 31, 2025filed Apr 24, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents8668138341,0968406881,9182,300+3.1%
Short-term investments—————————
Total current assets6,9186,8396,4646,5016,6126,3877,4357,670+4.6%
Total assets11,31011,15610,54210,65310,77110,49511,17811,316+5.0%
Total current liabilities8,0528,2257,7247,6567,0657,2467,8927,749+14.0%
Long-term debt7,0517,0466,8796,9007,5927,0746,9236,973−7.1%
Total liabilities16,46816,61015,97715,92416,05715,69916,16916,044+2.6%
Stockholders’ equity(5,430)(5,748)(5,680)(5,392)(5,422)(5,367)(5,128)(4,848)−0.1%
Shares outstanding (millions)381381384389390392395397—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Otis Worldwide Corporation cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 23, 2026Q1 FY2026ended Mar 31, 2026filed Apr 23, 2026Q4 FY2025ended Dec 31, 2025filed Feb 5, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 24, 2025Q1 FY2025ended Mar 31, 2025filed Apr 24, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow337267413817374215190690−9.9%
Capital expenditures3944334537363439+5.4%
Free cash flow (CFO − capex)298223380772337179156651−11.6%
Depreciation and amortization4142414544444248−6.8%
Share repurchases04074000248308253207−100.0%
Dividends paid168167163164164164155156+2.4%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 5, 2026.

Income statement

Otis Worldwide Corporation income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 5, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Feb 2, 2024FY2022ended Dec 31, 2022filed Feb 3, 2023FY2021ended Dec 31, 2021filed Feb 4, 2022FY2020ended Dec 31, 2020filed Feb 5, 2021FY2019ended Dec 31, 2019filed May 8, 2020FY2018ended Dec 31, 2018filed Feb 5, 2021
Revenue14,43114,26114,20913,68514,29812,75613,11812,915
Cost of revenue————————
Gross profit————————
Research and development152152144150159152163181
Selling, general and administrative1,9791,8611,8841,7631,9481,9241,8101,735
Operating income2,1332,0082,1862,0332,1081,6391,8141,835
Other income (expense)————————
Pretax income1,9342,0392,0311,8881,9611,5111,8611,893
Income tax479305533519541455594683
Net income1,3841,6451,4061,2531,2469061,1161,049
Diluted EPS ($)3.504.073.392.962.892.082.552.42
Diluted shares (millions)395404415423431435433433

Balance sheet

Otis Worldwide Corporation balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 5, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Feb 2, 2024FY2022ended Dec 31, 2022filed Feb 3, 2023FY2021ended Dec 31, 2021filed Feb 4, 2022FY2020ended Dec 31, 2020filed Feb 5, 2021FY2019ended Dec 31, 2019filed May 8, 2020FY2018ended Dec 31, 2018filed Feb 5, 2021
Cash and equivalents1,0962,3001,2741,1891,5651,7821,4461,329
Short-term investments————————
Total current assets6,5017,6706,4006,1438,2616,4935,658—
Total assets10,65311,31610,1179,81912,27910,7109,687—
Total current liabilities7,6567,7496,4796,8436,2476,6735,374—
Long-term debt6,9006,9736,8666,0987,2495,2625—
Total liabilities15,92416,04414,83714,48315,26313,9117,361—
Stockholders’ equity(5,392)(4,848)(4,924)(4,870)(3,625)(3,862)1,700—
Shares outstanding (millions)389397405415425434——

Cash flow statement

Otis Worldwide Corporation cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 5, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Feb 2, 2024FY2022ended Dec 31, 2022filed Feb 3, 2023FY2021ended Dec 31, 2021filed Feb 4, 2022FY2020ended Dec 31, 2020filed Feb 5, 2021FY2019ended Dec 31, 2019filed May 8, 2020FY2018ended Dec 31, 2018filed Feb 5, 2021
Operating cash flow1,5961,5631,6271,5601,7501,4801,4691,550
Capital expenditures152126138115156183145172
Free cash flow (CFO − capex)1,4441,4371,4891,4451,5941,2971,3241,378
Depreciation and amortization175181193191203191180190
Share repurchases8091,00780085072500—
Dividends paid64760653946539326000

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$17M
9 sales by 6 insiders; officers and directors $17M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Sep 2, 2026Gosk Kimberly ShannonEVP & CPOoption exercise933——8,386Sep 4, 2026
Sep 2, 2026Gosk Kimberly ShannonEVP & CPOtax withholding274$70.83$19K8,112Sep 4, 2026
Aug 23, 2026Mendez Echevarria Maria CristinaEVP & CFOoption exercise2,137——11,394Aug 25, 2026
Aug 23, 2026Mendez Echevarria Maria CristinaEVP & CFOtax withholding838$71.49$60K10,556Aug 25, 2026
Jun 2, 2026Armas Joseph JayPresident, Otis Americasoption exercise1,680——3,411Jun 3, 2026
Jun 2, 2026Armas Joseph JayPresident, Otis Americastax withholding421$70.33$30K2,990Jun 3, 2026
May 7, 2026Lefebure Thibault Pierre MariePresident, Otis EMEAopen-market sale1,628$76.89$125K4,008May 7, 2026
Mar 1, 2026Loh SallyPresident, Otis Greater Chinatax withholding264$92.56$24K45,507Mar 3, 2026
Mar 1, 2026Loh SallyPresident, Otis Greater Chinaoption exercise1,256——45,771Mar 3, 2026
Feb 12, 2026de Montlivault StephanePresident, Otis Asia Pacificopen-market sale47,944$92.25$4M29,176Feb 13, 2026
Feb 10, 2026Ryan Michael PatrickSVP, CAO & Controlleropen-market sale1,182$90.06$106K3,504Feb 10, 2026
Feb 10, 2026LaFreniere Nora E.EVP, General Counselopen-market sale25,625$90.38$2M13,880Feb 10, 2026
Feb 10, 2026LaFreniere Nora E.EVP, General Counselopen-market sale1,793$90.38$162K39,505Feb 10, 2026
Feb 10, 2026LaFreniere Nora E.EVP, General Counseloption exercise5,107$58.66$300K44,612Feb 10, 2026
Feb 10, 2026LaFreniere Nora E.EVP, General Counseldisposition to issuer3,314$90.38$300K41,298Feb 10, 2026
Feb 7, 2026Zheng PeimingEVP, Chief Product, Deliverytax withholding650$89.85$58K22,455Feb 10, 2026
Feb 7, 2026Zheng PeimingEVP, Chief Product, Deliveryoption exercise1,476——23,105Feb 10, 2026
Feb 7, 2026Ryan Michael PatrickSVP, CAO & Controllertax withholding100$89.85$9K4,686Feb 10, 2026
Feb 7, 2026Ryan Michael PatrickSVP, CAO & Controlleroption exercise344——4,786Feb 10, 2026
Feb 7, 2026de Montlivault StephanePresident, Otis Asia Pacificoption exercise1,620——77,120Feb 10, 2026
Feb 7, 2026Mendez Echevarria Maria CristinaEVP & CFOoption exercise340——9,390Feb 10, 2026
Feb 7, 2026Mendez Echevarria Maria CristinaEVP & CFOtax withholding133$89.85$12K9,257Feb 10, 2026
Feb 7, 2026Marks Judith FranChair, CEO and Presidenttax withholding5,318$89.85$478K244,063Feb 10, 2026
Feb 7, 2026Marks Judith FranChair, CEO and Presidentoption exercise11,828——249,381Feb 10, 2026
Feb 7, 2026Loh SallyPresident, Otis Greater Chinaoption exercise330——44,515Feb 10, 2026

Full insider history for Otis Worldwide Corporation, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
OTIS WORLDWIDE CORPORATION, CIK 1781335 on EDGAR
Extract generated
October 30, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: not filed
Gross profit: GrossProfit
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt, LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAmortizationAndAccretionNet
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated October 30, 2026.

JSON file
/data/financials/OTIS.json