Otis is one of the world’s largest makers and maintainers of elevators, escalators and moving walkways, with a dense installed base in commercial and residential buildings globally. A large portion of revenue comes from service, modernization and maintenance contracts that follow equipment for decades after installation. The company was separated from a larger industrial conglomerate and competes on brand reach, service network and lifecycle support.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 3,350 | — | 243 | -31.9% |
| Q2 2025 | 3,595 | — | 393 | -8.3% |
| Q3 2025 | 3,690 | — | 374 | -2.7% |
| Q4 2025 | 3,796 | — | 374 | 0.7% |
| Q1 2026 | 3,566 | 6.5% | 340 | 39.9% |
| Q2 2026 | 3,859 | 7.3% | 428 | 8.9% |
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