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Carrier Global CARR Q1 2026 earnings

Reported April 30, 2026 · Before market open

Revenue$5.3BBeat by $326.2M
EPS$0.57Beat by $0.06
Revenue estimate$5.0B
EPS estimate$0.51

Next report

Oct 27, 2026 (In 3 weeks)
Revenue estimate$6.0B
EPS estimate$0.77

Financials

Q1 2026

Income statement

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Revenue$5.3B+2.4%
Operating income$259.0M-58.8%
Net income$238.0M-42.2%
EPS (diluted)$0.28-40.4%

Balance sheet

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Cash & equivalents$1.4B-19.3%
Total debt$12.8B+9.6%
Total equity$13.8B-2.8%
Total assets$37.2B+2.0%

Cash flow

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Operating cash flow$79.0M-83.6%
CapEx$94.0M+49.2%
Free cash flow-$15.0M-104%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$47.04B-14.1%
Enterprise value$58.52B-9.7%
P/E35.9×+26.4×
P/S2.2×-0.3×

Profitability

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Operating margin8.2%-4.7pp
Net margin6%-19.9pp
FCF margin7.7%—

Returns & leverage

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Return on equity9.4%-34.9pp
Debt / equity0.9×+0.1×
Current ratio1.1×-0.2×

Segments

By segment

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Climate Solutions Americas$2.5B-2.8%
Climate Solutions Europe$1.3B+10.6%
Climate Solutions Asia Pacific, Middle East & Africa$834.0M+1.0%
Climate Solutions Transportation$713.0M—

By geography

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Europe$1.5B+10.6%
Asia Pacific$986.0M+4.8%
Other$149.0M+8.0%

By product

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Service$674.0M+19.1%

FAQ

When did Carrier Global report Q1 2026 earnings?
Carrier Global (CARR) reported Q1 2026 earnings on April 30, 2026 before market open.
What were Carrier Global's Q1 2026 revenue and EPS?
Carrier Global reported revenue of $5.3B and eps of $0.57 for Q1 2026.
Did Carrier Global beat estimates in Q1 2026?
Revenue beat the consensus estimate of $5.0B by $326.2M. EPS beat the consensus estimate of $0.51 by $0.06.
How did Carrier Global's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.4% from $5.2B a year earlier and eps declined 12.3% from $0.65.
Where can I find Carrier Global's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001783180-26-000023) and the 10-Q periodic report (0001783180-26-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.