Short answer
Otis Worldwide (OTIS) filed its Q2 2025 10-Q quarterly report on Jul 24, 2025 for the quarter ended Jun 30, 2025. Quarterly revenue was $3.6B (down 0.2% year over year) with net income of $393M.
Q2 2025 key financials · XBRL
- Revenue
- $3.6B
- −0.2% YoY · +7.3% QoQ
- Net income
- $393M
- −5.3% YoY · +61.7% QoQ
- Operating margin
- 15.2%
- EPS (diluted)
- $0.99
- −3.9% YoY · +62.3% QoQ
Source: XBRL data from the Otis Worldwide (OTIS) Q2 2025 10-Q on SEC EDGAR. USD.
Otis Worldwide Q2 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- New risk: Reorganization of operations in China announced Jan 2025 triggers $40M restructuring charges
- Updated risk: Increased restructuring and UpLift costs with $80M vs $31M YoY, driven by expanded actions to align cost structure
- Legal risk: $58M indemnification expense from German tax litigation impacting net income and operating cash flows
- Market risk: 11% organic decline in New Equipment sales, notably >20% drop in China, pressure on segment operating profit and margins
- Financial risk: Debt reduced by $575M to $7.75B as of June 30, 2025, but net debt increased to $7.06B due to lower cash balance $688M vs $2.3B prior year
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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