Short answer

Otis Worldwide (OTIS) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $3.7B (up 4.0% year over year) with net income of $374M.

Q3 2025 key financials · XBRL

Revenue: $3.7B; +4.0% YoY · +2.6% QoQ
Net income: $374M; −30.7% YoY · −4.8% QoQ
Operating margin: 15.9%
EPS (diluted): $0.95; −29.1% YoY · −4.0% QoQ

Source: XBRL data from the Otis Worldwide (OTIS) Q3 2025 10-Q on SEC EDGAR. USD.

Otis Worldwide Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

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

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Otis Worldwide quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.

Start free