Carrier Global R&D decreased by 10.6% to $143.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.5%, from $153.00M to $143.00M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 5.6% CAGR.
High spending signals a commitment to future growth and innovation, though it reduces current period earnings.
Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...
Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.
is_research_and_development| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $125.00M | $123.00M | $134.00M | $125.00M | $122.00M | $143.00M | $149.00M | $139.00M | $151.00M | $157.00M | $170.00M | $224.00M | $187.00M | $172.00M | $103.00M | $153.00M | $161.00M | $151.00M | $160.00M | $143.00M |
| QoQ Change | — | -1.6% | +8.9% | -6.7% | -2.4% | +17.2% | +4.2% | -6.7% | +8.6% | +4.0% | +8.3% | +31.8% | -16.5% | -8.0% | -40.1% | +48.5% | +5.2% | -6.2% | +6.0% | -10.6% |
| YoY Change | — | — | — | — | -2.4% | +16.3% | +11.2% | +11.2% | +23.8% | +9.8% | +14.1% | +61.2% | +23.8% | +9.6% | -39.4% | -31.7% | -13.9% | -12.2% | +55.3% | -6.5% |
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|
| Climate Solutions Americas | $86.00M | $89.00M | $83.00M | $77.00M |
| Climate Solutions Europe | $18.00M | $19.00M | $19.00M | $21.00M |
| Climate Solutions Asia Pacific, Middle East & Africa | $15.00M | $16.00M | $15.00M | $15.00M |
| Total | $153.00M | $161.00M | $151.00M | $143.00M |
CSA, CSAME, CSE are derived from annual filings.
| Segment | FY'22 | FY'23 |
|---|---|---|
| HVAC | $265.00M | $322.00M |
| Refrigeration | $82.00M | $85.00M |
| Total | $539.00M | $617.00M |
All segment values are derived from annual filings.
HVAC, Refrigeration were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.