---
schema_version: "secwatch.filing_event.v1"
accession: "0001781335-25-000017"
form_type: "8-K"
ticker: "OTIS"
cik: "0001781335"
company_name: "Otis Worldwide Corp"
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:19:48.486374+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Otis Q1 adjusted EPS up 5% to $0.92; Service op margin expands 40 bps; FY outlook revised for tariffs

## Summary
- GAAP EPS $0.61 (-29% YoY); adjusted EPS $0.92 (+5%); net sales $3.35B (organic flat).
- Service organic sales +4%, operating margin 24.6% (+40 bps); maintenance portfolio units +4%.
- New Equipment orders -1% constant currency, backlog -3%; China sales decline >20%.
- FY adjusted EPS outlook $4.00-$4.10 (+4-7%), incorporates $45-75M tariff headwind.
- Q1 adjusted free cash flow $186M; share repurchases ~$250M; dividend increased 5th straight year.

## SEC filing metadata
- accession: 0001781335-25-000017
- form_type: 8-K
- ticker: OTIS
- cik: 0001781335
- company_name: Otis Worldwide Corp
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781335/000178133525000017/0001781335-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781335/000178133525000017/otis-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781335-25-000017
- JSON: https://secwatch.observer/filing/0001781335-25-000017.json
- Plain text: https://secwatch.observer/filing/0001781335-25-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.