For Q1 FY2026 ended March 31, 2026, Carrier Global reported revenue of $5.341 billion, up 2.4% year-over-year. Net income was $238 million, down 42.2% from the prior year, and diluted EPS was $0.28, a decrease of 40.4%. Operating income fell 58.8% to $259 million. The company had $1.371 billion in cash and $10.422 billion in long-term debt.
•Revenue increased 2.4% YoY to $5.341 billion.
•Net income declined 42.2% to $238 million; diluted EPS fell 40.4% to $0.28.
•Operating income dropped 58.8% to $259 million.
•Cash and cash equivalents were $1.371 billion; long-term debt stood at $10.422 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Carrier Global provides intelligent climate and energy solutions globally. Its business is organized into four segments: Climate Solutions Americas. Its portfolio also includes Climate Solutions Europe, Climate Solutions Asia Pacific, Middle East & Africa, and Climate Solutions Transportation. The company provides air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, aftermarket components, and repair and maintenance and rental services
Modernization and upgrades to meet the heating, cooling, and ventilation needs of residential and commercial customers Transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications.
The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Carrier Transicold, and Sensitech brands. Incorporated in 2019, the company is headquartered in Palm Beach Gardens, Florida.
Carrier Global Corporation provides intelligent climate and energy solutions worldwide. The company operates through four segments: Climate Solutions Americas, Climate Solutions Europe, Climate Solutions Asia Pacific, Middle East & Africa, and Climate Solutions Transportation. Its products include air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, and aftermarket components. It also offers repair, maintenance, and rental services, as well as modernization and upgrades for residential and commercial heating, cooling, and ventilation needs. Additionally, Carrier provides transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company sells its products under well-known brands such as Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Carrier Transicold, and Sensitech.
Where is Carrier Global Corporation (CARR) listed and what currency does it trade in?
Carrier Global Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol CARR. The company's shares are traded in US Dollars (USD), which is the official currency of the United States. As a US-based company, its financial reporting and stock trading are conducted in USD, making it accessible to investors on major US exchanges.
What sector and industry does Carrier Global Corporation (CARR) belong to?
Carrier Global Corporation operates in the Industrials sector and is classified under the Building Products & Equipment industry. This means the company is involved in manufacturing and providing products and equipment used in building construction, maintenance, and operation. Specifically, Carrier focuses on climate control and energy solutions, including heating, ventilation, air conditioning (HVAC), and refrigeration systems for residential, commercial, and transport applications. Its industry peers include other companies that produce building materials, HVAC systems, and related equipment.
Where is Carrier Global Corporation (CARR) headquartered and what markets does it serve?
Carrier Global Corporation is headquartered in Palm Beach Gardens, Florida, United States. The company was incorporated in 2019 and serves global markets through its four segments: Climate Solutions Americas, Climate Solutions Europe, Climate Solutions Asia Pacific, Middle East & Africa, and Climate Solutions Transportation. This geographic structure allows Carrier to address the heating, cooling, and ventilation needs of residential and commercial customers across the Americas, Europe, Asia Pacific, the Middle East, and Africa. Additionally, its transportation segment provides refrigeration and monitoring solutions for trucks, trailers, shipping containers, and rail applications worldwide.
How does Carrier Global Corporation (CARR) make money?
Carrier Global Corporation generates revenue through the sale of intelligent climate and energy solutions across multiple segments. Its primary revenue streams come from manufacturing and selling air conditioners, heating systems, heat pumps, and building energy management systems for residential and commercial customers. The company also earns income from aftermarket components, repair and maintenance services, and rental offerings. Additionally, Carrier provides modernization and upgrade services to improve existing HVAC systems. In the transportation sector, it sells transport refrigeration and monitoring products for trucks, trailers, shipping containers, and rail applications, along with digital solutions. The company's diverse brand portfolio, including Carrier, Viessmann, Toshiba, and others, helps it capture value across different market segments and geographies.