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.

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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+

Last updated

Latest news about Otis

In short: Otis reported strong Q1 2026 service growth and increased its dividend, though the company flagged margin pressures from labor and material costs.

Company announcements

  • Otis

    Otis partners with Nou Mestalla as stadium partner

    Otis installs 19 Gen3 elevators, including hospitality and freight units, with maintenance plan, real-time monitoring, safety features, and energy efficiency.

  • Otis

    Otis announces solid Q1 2026 results

    Net sales rose 6%. All service lines grew, led by 16% repair growth. Modernization orders up 11%, backlog up 30% at constant currency.

  • Otis

    Otis announces 5% quarterly dividend increase

    The Board declares $0.44 per share, payable June 12, 2026 to shareholders of record May 15, 2026. CEO Judy Marks highlights strong service business and capital allocation.

  • Otis

    Otis marks five-year independence anniversary

    Judy Marks highlights strong 2025 results, Service-driven strategy advancement, and innovation. Annual report details progress.

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Media coverage

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