Latest Otis News & Updates

See the latest news and media coverage for Otis. We track all announcements, press releases, and industry mentions in real time, all in one place.

Otis

Manufacturer and maintainer of elevators, escalators, and moving walkways

otis.com

Headquarters: United States
Founded year: 1853
Company type: Public company
Number of employees: 30,000+
Industry: Heavy Electrical Equipment

Last updated Today

Latest news about Otis

In short: Otis posted strong service-led sales growth in 2026, though it lowered its annual profit forecast due to rising costs and labor headwinds.

Company announcements

July 23 Otis

Otis declares quarterly dividend of $0.44 per share

The dividend is payable on September 11, 2026 to shareholders of record on August 14, 2026.

July 22 Otis

Otis' Q2 2026 net sales grew 7%

Growth was supported by all service lines and sequential improvement in new equipment trends, with strong modernization and repair sales.

July 10 Otis

Otis named to TIME's inaugural America's Best Companies list

It ranked top five for Sustainability Transparency in the Engineering, Manufacturing & Medical Technology category based on employee surveys, financial data and sustainability reporting.

May 28 Otis

Otis is transforming urban mobility in Montréal

They installed 79 custom elevators and escalators for the REM, designed for accessibility and sustainability.

Media coverage

July 22 Seeking Alpha

Otis forecasts 2026 adjusted EPS $4.01-$4.05 while targeting $15.1B-$15.3B sales amid service cost headwinds

Q2 2026 earnings call recap: service-led growth and strong free cash flow, but retention and cost headwinds cut EPS guidance.

July 22 Reuters

Otis cuts annual profit forecast on rising costs; higher pricing offsets Mideast hit

, opens new tab on Wednesday cut its annual adjusted profit forecast on the back of increased costs,...

July 22 MarketWatch

Otis Worldwide Profit, Sales Rise on Strong Service Sales

Otis benefited from no longer paying UpLift transformation costs, as well as the absence of other separation-related adjustments and nonrecurring items in the prior year...

July 22 The Globe and Mail

Otis (NYSE:OTIS) Surprises With Q2 CY2026 Sales

Detailed price information for Otis Worldwide Corp (OTIS-N) from The Globe and Mail including charting and trades.

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