Otis Worldwide (OTIS) 10-K Summaries & Annual Filing History
Review Otis Worldwide Corporation (OTIS) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Otis Worldwide Corporation filed its annual report for the most recent fiscal year. The filing covers business operations, risk factors, and financial performance with revenue growth over the prior period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$14.4B
Revenue reported for the fiscal year.
Operating income
$2.1B
Income from operations reported for the year.
Net income
$1.4B
Net income reported for the year.
Operating cash flow
$1.6B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $13.7B | -4.3% |
| Dec 31, 2023 | $14.2B | +3.8% |
| Dec 31, 2024 | $14.3B | +0.4% |
| Dec 31, 2025 | $14.4B | +1.2% |
Business overview
The company provides vertical transportation solutions including elevators and escalators. Its operations span manufacturing, installation, and servicing as detailed in the business overview section of the filing.
Financial performance
Revenue increased compared to the prior year. The company reported operating income, net income, and positive operating cash flow for the period.
Material risks
The risk factors section outlines material risks such as economic conditions, competition, and regulatory changes that could affect operations. These factors are discussed in the filing.
Liquidity and capital
The company generated operating cash flow during the period, supporting its liquidity position.
What to watch
Readers should monitor revenue growth trends in the next filing.