The company estimated the amount payable to RTX related to the German tax litigation at $218 million and recorded indemnification expense of $4 million and $62 million for Q3 2025 and the 9 months, respectively.

1. 01

   The company estimated the amount payable to RTX related to the German tax litigation at $218 million and recorded indemnification expense of $4 million and $62 million for Q3 2025 and the 9 months, respectively.

2. 02

   The company said organic volume for Q3 2025 increased 2%, with Service up 6% while New Equipment declined (5)%. Organic volume for the 9 months was flat.

3. 03

   The company said total UpLift costs to date are $260 million, of which UpLift restructuring costs are $128 million and UpLift transformation costs are $132 million. It said the approved UpLift restructuring actions are expected to generate approximately $102 million in annual recurring savings by 2025.

4. 04

   The company said net cash from operating activities for the 9 months ended 2025 was $779 million and net cash used in financing activities was $1.9 billion. Long-term debt repayment of $1.3 billion, share repurchases of $809 million and dividends of $483 million were the main outflows, partially offset by long-term debt issuance of $500 million.

Key figures

Quarter ended September 30, 2025

Revenue

$3.7B

Operating income

$586M

Net income

$374M

EPS

$0.95

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.