Tax
Income Tax
Carrier Global Income Tax decreased by 9500.0% to -$96.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 186.5%, from $111.00M to -$96.00M. Over 2 years (FY 2021 to FY 2023), Income Tax shows relatively stable performance with a -4.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
Metric ID:
is_income_tax_expenseHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $234.00M | $288.00M | $73.00M | $301.00M | $170.00M | $138.00M | $99.00M | $122.00M | $189.00M | $213.00M | $120.00M | $46.00M | $1.16B | $172.00M | $111.00M | $162.00M | -$1.00M | -$96.00M |
| QoQ Change | — | +23.1% | -74.7% | +312.3% | -43.5% | -18.8% | -28.3% | +23.2% | +54.9% | +12.7% | -43.7% | -61.7% | >999% | -85.1% | -35.5% | +45.9% | -100.6% | <-999% |
| YoY Change | — | — | — | — | -27.4% | -52.1% | +35.6% | -59.5% | +11.2% | +54.3% | +21.2% | -62.3% | +511.1% | -19.2% | +141.3% | -86.0% | -100.6% | -186.5% |
Range-$96.00M – $1.16B
CAGR-18.9%
Avg YoY Growth+12.9%
Median YoY Growth-23.3%
Current Streak2 quarters decline
Income Tax at Other Companies
Frequently Asked Questions
- What is Carrier Global's income tax?
- Carrier Global (CARR) reported income tax of -$96.00M in Q1 2026.
- How has Carrier Global's income tax changed year-over-year?
- Carrier Global's income tax decreased by 186.5% year-over-year, from $111.00M to -$96.00M.
- What is the long-term trend for Carrier Global's income tax?
- Over 2 years (2021 to 2023), Carrier Global's income tax has grown at a -4.0% compound annual growth rate (CAGR), from $699.00M to $644.00M.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.