Otis said net sales for Q2 2025 were $3,595 million, flat versus the prior year $3,601 million. The company said New Equipment net sales decreased 10% while Service net sales increased 6%.

1. 01

   Otis said net sales for Q2 2025 were $3,595 million, flat versus the prior year $3,601 million. The company said New Equipment net sales decreased 10% while Service net sales increased 6%.

2. 02

   In Q2, Service segment operating profit was $578 million, up $40 million from the prior year $538 million, and segment operating profit margin expanded 20 basis points to 24.9%. Otis cited higher volume and pricing and productivity gains including the benefits of UpLift as factors, with inflationary pressures including higher labor costs and mix partially offsetting the increase.

3. 03

   For Q2, GAAP earnings per share decreased 3% to $0.99, and adjusted EPS decreased 1% to $1.05. The company cited non-recurring items as the driver of the GAAP EPS decline.

4. 04

   Otis said cash flow from operations for Q2 was $215 million, down from the prior year $308 million, and guided for full-year adjusted free cash flow of $1.4 to $1.5 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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