Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Maintenance earns more than the whole company
Service profit exceeds the company total, because head-office costs absorb what New Equipment adds, so the installed base is the business.
For investorsWhat the Service margin depends on from here
For foundersThe install-then-maintain playbook behind Otis's profit
Modernization grew far faster than maintenance and repair, so the aging installed base is turning into a second sales pipeline.
Field costs took a bigger slice of each sales dollar, and leaner overhead offset almost all of it, holding the operating margin steady.
Lower tax and a smaller minority share lifted profit to shareholders well beyond the operating gain, despite higher interest cost.
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Business Lens describes Otis Worldwide from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
