Otis Worldwide (OTIS) Q3 2025 10-Q Quarterly Report

Filed: Oct 30, 2025Period ending Sep 30, 2025
Information Technology
Electronic & Other Electrical Equipment (No Computer Equip)SEC EDGAR

Otis Worldwide (OTIS) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 30, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Otis Worldwide Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $3.69B, up 4% YoY ($3.55B in Q3 2024); Service +6% organic growth, New Equipment -5% organic decline
  • Gross margin 30.7% vs 30.4% YoY (Q3 2025 vs Q3 2024); Operating margin 18.4% vs 18.0% YoY total segment
  • Service segment best performer: net sales $2.43B (+9% YoY), operating margin 25.5% vs 24.8%; New Equipment worst: net sales $1.26B (-4%), operating margin 4.7% vs 6.4%
  • Cash & equivalents $840M; operating cash flow $779M (9M 2025) down from $873M prior year; $1.9B cash used in financing including $809M stock repurchase
  • Near-term headwinds include inflationary pressures, higher tariffs ($25-35M impact), and macroeconomic uncertainties; UpLift program on track for $200M savings by H2 2025

Risk Factors

  • No new risk factors added in fiscal 2025 10-Q versus 2024 Form 10-K
  • Most materially updated risk unchanged; no material changes reported this quarter
  • Regulatory risk from compliance with international building codes remains significant, unchanged from 2024 10-K
  • Operational risk from supply chain disruptions and labor shortages continues to impact near-term production capacity
  • Financial risk includes foreign currency exposure given global operations, consistent with disclosures in 2024 10-K

Otis Worldwide Q3 2025 Quarterly Financials
XBRL

Revenue

$3.7B

+4.0% YoY +2.6% QoQ

Net Income

$374M

-30.7% YoY -4.8% QoQ

Operating Margin

15.9%

+565bp YoY +67bp QoQ

Net Margin

10.1%

-508bp YoY -80bp QoQ

ROE

-6.9%

Total Assets

$10.8B

EPS (Diluted)

$0.95

-29.1% YoY -4.0% QoQ

Operating Cash Flow

$374M

-5.1% YoY +74.0% QoQ

Source: XBRL data from Otis Worldwide Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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