Operating Expenses

R&D

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.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

High spending signals a commitment to future growth and innovation, though it reduces current period earnings.

Detailed definition

Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...

Peer comparison

Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.

Metric ID: is_research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$103.00M$224.00M
CAGR+2.9%
Avg YoY Growth+8.1%
Median YoY Growth+10.5%

Business Segments — CSA

View all
SegmentQ1 '25Q2 '25Q3 '25Q1 '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.

Business Segments — HVAC

View all
SegmentFY'22FY'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.

Frequently Asked Questions

What is Carrier Global's r&d?
Carrier Global (CARR) reported r&d of $143.00M in Q1 2026.
How has Carrier Global's r&d changed year-over-year?
Carrier Global's r&d decreased by 6.5% year-over-year, from $153.00M to $143.00M.
What is the long-term trend for Carrier Global's r&d?
Over 4 years (2021 to 2025), Carrier Global's r&d has grown at a 5.6% compound annual growth rate (CAGR), from $503.00M to $625.00M.
What does r&d mean?
The money spent on creating new technology and improving existing products.