Otis Q3 EPS rises 14% year-on-year to $1.08
OTIS•Otis’ third-quarter 2026 GAAP earnings per share rose 14% year-over-year to $1.08, while net sales increased 6% to $3.91 billion. Its full-year 2026 net sales outlook remained $15.1 billion to $15.3 billion.
1. Quarterly results
Otis’ third-quarter 2026 GAAP earnings per share rose 14% year-over-year to $1.08, helped by the absence of prior-year transformation costs. Net sales climbed 6% to $3.91 billion, and Service net sales increased 8% to $2.62 billion.
2. Cash flow and outlook
Operating cash flow fell 10% year-over-year to $337 million as working-capital changes offset higher net income. The company kept its full-year 2026 net sales outlook unchanged at $15.1 billion to $15.3 billion.
