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Top analysts & firms
All analyzed callsNot limited to the selected quarter · analysts and firms with 2 or more questions
What does “challenging” mean?
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Most active analysts
Analyst
Firm
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Material event since the last analyzed call: Announces CEO transition; Chair and CEO Judith Marks to retire by mid-2027 (Sep 15, 2026). See corporate events below.
Corporate events
Filed after the FY2026 Q1 call day (Apr 22, 2026) through the next call day (Jul 22, 2026)From SEC 8-K filings
No 8-K events recorded for this window.
Quarter in detail
· FY2026 Q1
Macro signals
↑Housing↑Enterprise Spending→Regulation Policy
Otis reported Q1 FY26 organic sales up 1%, with Service up 5% and New Equipment down 5%. Adjusted EPS declined 3%, impacted by service margin contraction of 160 basis points from investments, mix, and Middle East costs. Repair growth accelerated to 10% as planned, and modernization backlog remained at record levels up 30%. Americas NE orders grew 20%+ for the seventh consecutive quarter. EPS guidance was narrowed to $4.20-$4.24 with the high end lowered. Service excellence investments were showing retention improvement.
Key themes
7
negative📊 company
Service Margin Contracts 160bps On Investments, Mix, And Middle East Costs
Service operating margin declined 160 basis points to 23%, driven by: ~50bps from portfolio mix headwinds (growth in lower-value markets), ~50bps from incremental service excellence and sales investments, ~30bps from Middle East conflict costs and inflation. Management targeting return to year-over-year margin expansion by Q4.
Key financials
FY2026 Q1 selectedReported GAAP figures from SEC filings
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Quarter
Revenue
Rev YoY
EPS
EPS YoY
Op margin
Net margin
FCF
FY2024 Q4
$3.67B
+1.5%
$0.84
+6.3%
14.4%
9.2%
$651M
FY2025 Q1
$3.35B
-2.5%
$0.61
-29.1%
12.3%
7.3%
$156M
FY2025 Q2
$3.60B
-0.2%
$0.99
-2.9%
15.2%
10.9%
$179M
FY2025 Q3
$3.69B
+4.0%
$0.95
-29.1%
15.9%
10.1%
$337M
FY2025 Q4
$3.80B
+3.3%
$0.95
+13.1%
15.5%
9.9%
$772M
FY2026 Q1Selected
$3.57B
+6.4%
$0.87
+42.6%
15.1%
9.5%
$380M
FY2026 Q2
$3.86B
+7.3%
$1.12
+13.1%
14.9%
11.1%
$223M
As stated by management
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
EPS
“adjusted EPS declined 3% or $0.03 in the quarter”
Revenue
“organic sales +1%; Service +5% (M&R +4%, Mod +6%), NE -5%”
Guidance
“EPS narrowed to $4.20-$4.24 (from wider prior range); adj OP $20-60M growth at CC”
Margin
Cost Pressure
positive📊 company
Repair Accelerates To 10% Organic Growth As Planned
Repair organic sales grew approximately 10% in Q1, in line with expectations and reflecting solid orders momentum across all regions. Repair orders above 10% in the quarter. Highest-margin service line delivering as guided.
Revenue GrowthDemand
positive📊 company
Modernization Backlog Remains At Record +30% Supporting Multi-Year Growth
Modernization orders grew 11% with North America and China each up >20%. Backlog up approximately 30% at constant currency. Total combined backlog approaching $20 billion. Management guides mod revenue growth in teens for 2026.
DemandRevenue Growth
negative📊 company
Adjusted EPS Declines 3% On Operational Headwinds
Adjusted EPS declined 3% or $0.03 driven by service profit pressure and NE margin decline. Adjusted operating profit declined $38M at constant currency. Q2 expected similar trajectory (EPS -3% to -5%) before H2 recovery.
MarginRevenue Growth
negative📊 company
EPS Guidance Narrowed To $4.20-$4.24, High End Lowered
Reduced high end of prior guidance range to $4.20-$4.24, reflecting softer-than-anticipated first half from operational headwinds and service investments. Still represents mid-single-digit growth vs 2025. Assumes Middle East conflict ends in Q2.
Guidance Reliability
positive📊 company
Americas NE Orders Grow 20%+ For Seventh Consecutive Quarter
North America new equipment orders up more than 20% in Q1, marking the seventh straight quarter of orders growth. NE backlog ex-China up 11%. Americas expected to return to positive NE sales growth for full year 2026.
DemandMacroeconomic
mixed📊 company
Service Excellence Investments Showing Retention Improvement
Retention rate at end of Q1 2026 at same level as full year 2025 (94.5% ex-China). Compared to Q1 2025, up approximately 50 basis points. Investments are working but creating near-term profit pressure. $50M incremental investments planned for full year 2026.
You had that 60 bps gain in the Q4 service margin. You're -- on an as-reported basis, you're comfortable with Q4 2026 exceeding Q4 2025 even with that gain?
is it something that goes from like 23% in the first quarter to maybe 24.5% in the second quarter and then the back half of the year, you're looking at year-over-year margin expansion
I wondered if there was any shift I mean our understanding is that maybe China service pricing very difficult U.S. service pricing, maybe a little bit more pressure
Analyst challenge ratePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. · all analyzed quarters
12%
Share price · trailing year
daily closes, last 12 months — not scoped to the selected quarter · dots mark earnings calls, colored by that quarter’s score
Sources.Tellvest earnings-call sentiment score for Otis Worldwide (OTIS), FY2026 Q1: 4/10. Scores: Otis Worldwide’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: OTIS daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
company-level, not the selected quarter
GAAP revenue YoY +6.45% → base 6. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
▸How this score was built
Base6Base 6GAAP revenue YoY +6.45% → base 6. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript0Transcript 0GAAP revenue +6.45% aligns with organic +1% plus FX tailwind ($28M) and prior-year revenue comp effects. No structural distortion in revenue. Base 6 (3-7%).+EPS-1EPS -1GAAP EPS YoY +42.62% is contaminated by prior-year restructuring/transformation charges dropping out of comparisons (Uplift finalized, China transformation completed in 2025). Management reported adjusted EPS -3%. Adjusted EPS spread: -3 - 6.45 = -9.45 percentage points (outside -5 percentage points → -1). Operating income cross-check: GAAP OI +31.14% also contaminated by prior-year charges. Adjusted OP declined $38M at constant currency, same negative direction as adjusted EPS. Both confirm -1.+Guidance-1Guidance -1EPS guidance narrowed from prior range (approximately $4.20-$4.28, midpoint ~$4.24) to $4.20-$4.24 (midpoint $4.22). Change: (4.22-4.24)/4.24 = -0.47%, lower <3%.=Final4
How this score was built
Base6Base 6GAAP revenue YoY +6.45% → base 6. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript0Transcript 0GAAP revenue +6.45% aligns with organic +1% plus FX tailwind ($28M) and prior-year revenue comp effects. No structural distortion in revenue. Base 6 (3-7%).+
93.62
64.05
8
8
4
Oct 25Oct 26
Mentions
Calendar Q1 2026
What OTIS said about other companies on its FY2026 Q1 call, and what other companies said about OTIS on their calls covering the same calendar quarter (Q1 2026). Each company's own fiscal quarter is shown next to its name. Extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“In the quarter, we expanded with customers like Anthropic, Ally Financial and Otis Elevator.”
Otis is cited as a Q4 expansion customer for Workday, a positive read on Otis as an ongoing platform user.
Companies OTIS discussed
1 mention
weMaintainNot covered by TellvestFY2026 Q1Acquisition
“What sets we maintain off from a lot of the ISPs across the globe is they're not just a service provider.”
Otis took a majority investment in weMaintain, a digitally native AI-enabled elevator service provider, differentiating it from typical independent service providers and complementing Otis ONE for multi-brand coverage.
EPS
-1
EPS -1GAAP EPS YoY +42.62% is contaminated by prior-year restructuring/transformation charges dropping out of comparisons (Uplift finalized, China transformation completed in 2025). Management reported adjusted EPS -3%. Adjusted EPS spread: -3 - 6.45 = -9.45 percentage points (outside -5 percentage points → -1). Operating income cross-check: GAAP OI +31.14% also contaminated by prior-year charges. Adjusted OP declined $38M at constant currency, same negative direction as adjusted EPS. Both confirm -1.
+
Guidance-1Guidance -1EPS guidance narrowed from prior range (approximately $4.20-$4.28, midpoint ~$4.24) to $4.20-$4.24 (midpoint $4.22). Change: (4.22-4.24)/4.24 = -0.47%, lower <3%.
Dover opened 2026 with double-digit revenue growth (GAAP revenue +10.05% year over year) and adjusted EPS of $2.28, up 11%, driven by secular-growth end markets, acquired company performance and constructive demand across the portfolio
Revenue grew 7% with EBITDA surging 87% to $896 million as GE Vernova delivered $4.8 billion in Q1 free cash flow, meaningfully exceeding full-year FY2025 FCF
NuScale's GAAP revenue fell to $0.6 million in the first quarter of 2026 from $13.4 million a year earlier, as the one-time RoPower technology-licensing agreement and Fluor FEED Phase 2 engineering services that drove prior-year revenue were completed in 2025, and the pre-commercial developer again reported a net loss
Dover opened 2026 with double-digit revenue growth (GAAP revenue +10.05% year over year) and adjusted EPS of $2.28, up 11%, driven by secular-growth end markets, acquired company performance and constructive demand across the portfolio
Revenue grew 7% with EBITDA surging 87% to $896 million as GE Vernova delivered $4.8 billion in Q1 free cash flow, meaningfully exceeding full-year FY2025 FCF
NuScale's GAAP revenue fell to $0.6 million in the first quarter of 2026 from $13.4 million a year earlier, as the one-time RoPower technology-licensing agreement and Fluor FEED Phase 2 engineering services that drove prior-year revenue were completed in 2025, and the pre-commercial developer again reported a net loss