StocksMedium•28 October 2026•
1 min read
Otis Reports Q3 2026 Net Sales of $3.9 Billion Driven by Service Growth
Key Facts
1Otis reported Q3 2026 net sales of $3.9 billion, a 6% increase compared to the previous year.
2Service organic sales grew 7%, and service operating profit margin improved 100 bps sequentially to 24.2%.
3The company returned approximately $1.3 billion to shareholders year-to-date through share repurchases and dividends.
Otis reported Q3 2026 net sales of $3.9 billion, representing a 6% increase compared to the previous year. According to PR Newswire, the performance was supported by a 7% growth in service organic sales and a 100 basis point sequential improvement in service operating profit margin to 24.2%.
The company has returned approximately $1.3 billion to shareholders year-to-date through share repurchases and dividends, maintaining its full-year outlook despite a slight dip in adjusted operating profit. OTIS closed at $74.19 on October 27, 2026, after trading between a low of $73.89 and a high of $75.25 during that session.