Income StatementBalance SheetCash FlowSegments
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Carrier Global Income Statement

Revenue, expenses, and profitability over time

Carrier Global generated $21.9B in trailing twelve-month revenue, down 0.0% year-over-year. Net income was $1.3B with a 5.99% net margin. Gross margin stands at 27.35% and operating margin at 8.24%. Diluted EPS is $1.53, which declined 0.8% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$21.9BGross Profit (TTM)$6.0BOperating Income (TTM)$1.8BNet Income (TTM)$1.3BEps Diluted (TTM)$1.53
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$55.5B
P/E Ratio42.37
ROE9.36%

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Continuing operations (in dollars per share)$-0.05$0.47$0.71$0.48$0.05$0.29
Continuing operations (in dollars per share)$-0.05$0.47$0.70$0.47$0.05$0.28
Discontinued operations (in dollars per share)$2.86$0.00$-0.02$0.03$0.02$0.00
Basic earnings per share$2.85$0.47$0.69$0.50$0.08$0.29
Basic EPS from discontinued operations$2.91$0.00$-0.02$0.02$0.03$0.00
Diluted earnings per share$2.82$0.47$0.68$0.50$0.07$0.28
Weighted-average shares, basic—866.9M854.9M848.8M—835M
Weighted-average shares, diluted—878.3M866.3M858.6M—842.8M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net—$22.0M$30.0M-$16.0M$0.0-$12.0M
Research and development$103.0M$153.0M$161.0M$151.0M$160.0M$143.0M
Selling, general and administrative$438.0M$729.0M$813.0M$803.0M$747.0M$861.0M
Total operating expenses$3.5B$4.7B$5.3B$5.1B$4.8B$5.1B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from discontinued operations$2.6B$0.0-$17.0M$21.0M$25.0M-$1.0M
Income from Continuing Operations Available to Common Stockholders$0.0$412.0M$608.0M$407.0M$28.0M$239.0M
Net income$2.5B$412.0M$591.0M$428.0M$53.0M$238.0M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$44.0M$44.0M$78.0M$60.0M$47.0M$31.0M
Non-service pension and postretirement benefit expense$0.0-$1.0M$0.0$9.0M$2.0M-$1.0M
Interest Income (Expense), Nonoperating-$48.0M-$82.0M-$91.0M-$97.0M-$94.0M-$90.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes—$548.0M$812.0M$433.0M$5.0M$170.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense—$111.0M$162.0M-$1.0M—-$96.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$774.0M$629.0M$903.0M$539.0M$101.0M$259.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$4.1B—————

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$5.1B$5.2B$6.1B$5.6B$4.8B$5.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income from discontinued operations attributable to basic common shareholders$2.6B$0.0-$17.0M$21.0M$25.0M-$1.0M