Otis Worldwide - WI

Q2 FY2026 EarningsQ2 FY26 results beat consensus across most key financial metrics: revenue reached $3.86B vs. $3.75B expected, and diluted GAAP EPS was $1.12 vs. $1.00 mean estimate. The performance was driven by a robust 9% organic surge in the Service segment (Modernization up 24% organic), which offset a 1% organic decline in New Equipment due to continued headwinds in China. Free cash flow for the first half was strong at ~$603M, and management continued aggressive capital returns with $800M in share repurchases YTD.