Every 8-K that Otis Worldwde (OTIS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OTIS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OTIS filings page.
Otis Worldwide Corporation reported second quarter 2026 net sales of $3.9 billion, up 7% year over year, with organic sales up 6%. Growth came from the Service segment, where net sales rose 11% and organic sales 9%, including 6% organic maintenance and repair growth and 24% organic modernization growth. New Equipment net sales were flat, with weakness in China and EMEA offsetting growth in the Americas and Asia Pacific.
GAAP operating profit increased $28 million to $575 million, but adjusted operating profit declined $25 million to $587 million and adjusted operating margin fell 180 basis points to 15.2%. GAAP EPS rose 13% to $1.12, while adjusted EPS decreased 4% to $1.01. Operating cash flow was $267 million, free cash flow $223 million and adjusted free cash flow $290 million, alongside approximately $400 million of share repurchases in the quarter. For full-year 2026, Otis now expects net sales of $15.1–$15.3 billion, adjusted operating profit of about $2.4 billion, adjusted EPS of $4.01–$4.05, and adjusted free cash flow of $1.50–1.55 billion.
Otis Worldwide Corporation reported the results of its 2026 Annual Meeting of Shareholders held on May 27, 2026. As of March 30, 2026, 385,710,610 common shares were outstanding, and a quorum of 345,588,993 shares was represented.
Shareholders elected ten directors to serve until the 2027 annual meeting or until their successors are elected and qualified. They also approved, on an advisory basis, the compensation of Otis’ named executive officers and ratified the appointment of PricewaterhouseCoopers LLP as independent auditor for 2026.
A shareholder proposal requesting reporting on political contributions and expenditures did not pass, receiving fewer votes in favor than against, with additional broker non-votes recorded.
Otis Worldwide Corporation issued $700 million aggregate principal amount of 4.488% Notes due 2029, registered under its automatic shelf registration statement. Net proceeds are estimated at about $695.2 million after underwriting discounts and expenses.
Otis plans to use most of the proceeds to repay at maturity its 0.318% Notes due December 15, 2026, of which €600 million (approximately $695 million) principal was outstanding as of March 31, 2026, and to repay certain commercial paper borrowings and for other general corporate purposes. The notes pay interest semi-annually on May 7 and November 7, beginning November 7, 2026, are unsecured and unsubordinated, include optional redemption features with a make-whole premium before April 7, 2029, and are subject to a 101% repurchase right upon a Change of Control Triggering Event.
Otis Worldwide Corporation reported first quarter 2026 results showing modest growth driven by its Service business. Net sales reached $3.6 billion, up 6% year over year, with organic sales up 1%. Service net sales rose 11% with 5% organic growth, while New Equipment net sales declined 1%.
GAAP operating profit increased to $539 million, lifting operating margin to 15.1%, but adjusted operating profit slipped to $550 million with margin down to 15.4%. GAAP EPS climbed 43% to $0.87, while adjusted EPS fell 3% to $0.89 as higher costs, interest and taxes weighed on results.
Operating cash flow improved sharply to $413 million and adjusted free cash flow to $272 million, supporting approximately $400 million of share repurchases. Modernization orders rose 11% at constant currency, with modernization backlog up 30% at constant currency, and New Equipment backlog increased 3% at constant currency. Otis revised its 2026 outlook to net sales of $15.1–$15.3 billion, adjusted operating profit of about $2.5 billion and adjusted EPS of $4.20–$4.24.
Otis Worldwide Corporation furnished an 8-K to share that it issued a press release announcing its fourth quarter and full-year 2025 results. The release was dated January 28, 2026 and covers performance for the year ended December 31, 2025.
The earnings press release is included as Exhibit 99 and is furnished, not filed, meaning it is not automatically incorporated into other securities law filings unless specifically referenced. Otis’s common stock and several series of notes continue to trade on the New York Stock Exchange.
Otis Worldwide Corporation reported that its Board of Directors has appointed Enrique Miñarro Viseras as Chief Operating Officer, effective January 16, 2026. He has led Otis EMEA since October 2023, and from May 2025 to December 2025 also served as President, Otis EMEA & Latin America, after prior senior leadership roles at Ingersoll Rand.
In connection with this promotion, his base salary will increase to $820,000, and his annual short-term incentive target will be set at 120% of base salary under the Executive Short-Term Incentive Plan. Starting with fiscal year 2026, he will be eligible for an annual equity award with a target value of $3,500,000 under the 2020 Long-Term Incentive Plan. He will also continue to participate in executive benefit programs, including up to $16,000 per year in financial counseling reimbursement and an annual executive health exam.
Otis Worldwide Corporation reported that it furnished a press release announcing its third quarter 2025 results. The press release, dated October 29, 2025, is included as Exhibit 99 and is furnished, not filed, under the Exchange Act. The company’s common stock trades on the NYSE under OTIS, alongside certain listed notes. The report is signed by Executive Vice President and Chief Financial Officer Cristina Méndez.
Otis Worldwide Corporation issued $500 million of 5.131% senior unsecured notes due 2035. The notes were sold under an existing shelf registration and detailed in a prospectus supplement dated September 2, 2025.
Otis expects net proceeds of about $495.2 million. It plans to use part of this to repay its 0.370% notes due March 18, 2026, of which ¥21.5 billion (approximately $147 million as of June 30, 2025) is outstanding, and to repay some commercial paper borrowings, with any remainder for general corporate purposes.
The notes pay interest at 5.131% per year, with payments on March 4 and September 4, starting March 4, 2026, and mature on September 4, 2035. Otis may redeem them at a make-whole price before June 4, 2035 and at par plus interest on or after that date. Holders can require Otis to repurchase the notes at 101% plus interest if a defined change of control triggering event occurs. The indenture includes customary covenants limiting additional liens, fundamental changes and sale-leaseback transactions, and sets standard events of default.
Otis Worldwide Corporation reported that board member Shailesh Jejurikar, who also serves as Chair of the Compensation Committee, has notified the company he will resign from the Board effective September 9, 2025. The company states his resignation is not due to any disagreement regarding its operations, policies, or practices.
Following this decision, the Board approved a reduction in its size from eleven to ten directors, effective the same date. Kathy Hopinkah Hannan rotated off the Audit Committee and the Nominations and Governance Committee and was appointed to replace Mr. Jejurikar as Chair of the Compensation Committee. All other committee assignments remain unchanged.
Otis Worldwide Corporation entered into a new unsecured $1,500 million revolving credit agreement dated August 8, 2025, which matures on August 8, 2030, and replaces the prior facility that had been scheduled to expire March 10, 2028. The facility names Otis Intercompany Lending Designated Activity Company as a subsidiary borrower, is administered by JPMorgan Chase Bank, N.A., is guaranteed by Otis for subsidiary borrowings, and is available for general corporate purposes.
U.S. dollar borrowings may be at term SOFR or a base rate and euro borrowings at EURIBO or daily simple ESTR, with initial margins of 1.125% for term SOFR/EURIBO/ESTR and 0.125% for base rate borrowings; margins can fluctuate with Otis’ public debt rating. The agreement permits an aggregate upsize of up to $500 million and contains customary affirmative and negative covenants, including a consolidated leverage ratio financial covenant; breaches could lead to acceleration or termination of commitments.