Otis Q3 adjusted EPS $1.05 up 9%; raises 2025 EPS midpoint to $4.04-$4.08

Otis Worldwide Corp

2025-Q3 EPS reported $2.55 revenue$10,635,000,000

Q3 net sales $3.69B (+4% YoY); GAAP EPS $0.95 (-29%), adjusted EPS $1.05 (+9%).
Service segment sales $2.43B (+9%); operating margin 25.5% (+70bps); maintenance portfolio units +4%.
New Equipment sales $1.26B (-4%); operating margin 4.7% (-170bps); orders up 4% but China down ~20%.
Modernization orders +27% constant currency; backlog +22% constant currency.
YTD operating cash flow $779M; share repurchases ~$800M; UpLift program run-rate savings $200M.

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