Short answer
Otis Worldwide (OTIS) filed an 8-K current report with the SEC on July 22, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Otis furnished its second-quarter 2026 results press release on July 22, 2026.
Otis Worldwide 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Otis furnished its second-quarter 2026 results press release on July 22, 2026
- Financial performance details and management commentary are contained in Exhibit 99
- Exhibit 99 is furnished, not filed under Exchange Act Section 18 liability provisions
Item EX-99.1 · Exhibit EX-99.1
- Q2 net sales $3.9B, up 7%; Service organic growth 9% offset New Equipment organic decline of 1%
- Adjusted EPS $1.01, down 4%; adjusted operating margin fell 180 bps to 15.2% amid growth investments and New Equipment weakness
- Service modernization sales up 24% organically, with modernization backlog up 24% and 26% at constant currency
- New Equipment operating profit fell $28M; margin compressed 220 bps to 3.1%, reflecting lower volume, unfavorable price, and mix
- Full-year outlook targets adjusted EPS $4.01–$4.05 and adjusted free cash flow $1.50–$1.55B; share repurchases reached approximately $400M in Q2
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