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Carrier Global CARR Climate Solutions Americas — Research and Development Expense

Other segment segments

CSA

$347M—

CSE

$75M—

CSAME

$61M—

Climate Solutions Europe

$21M+16.7%

Climate Solutions Asia Pacific, Middle East & Africa

$15M0.0%

Climate Solutions Transportation

$15M—

Similar metrics at other companies

TFX

TFXAmericas — Research and development expenses

$14.25M+21.0%

WTSAmericas — Research And Development Expense

$15.4M+12.4%

MSA

MSAAmericas segment — R&D

$9.64M+2.9%

ZBHAmericas — Research And Development Expense Excluding Acquired In Process Cost

$71.9M+1.1%

REZIProducts and Solutions — Research and development expenses

$36M+33.3%

CCThermal And Specialized Solutions — Research And Development Expense

$7M0.0%

Other financials

Income statement

Revenue$5.3B+2.4%

Gross profit$1.5B+15.9%

Operating income$259.0M-58.8%

Net income$238.0M-42.2%

EPS (diluted)$0.28-40.4%

Balance sheet

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

Operating cash flow$79.0M-83.6%

CapEx$94.0M+49.2%

Free cash flow-$15.0M-104%

Valuation

Market cap$63.12B+4.5%

Enterprise value$74.6B+5.9%

P/E48.2×+37.7×

P/S2.9×+0.2×

Profitability

Gross margin26.6%-0.6pp

Operating margin8.2%-4.7pp

Net margin6%-19.8pp

FCF margin7.7%—

Returns & leverage

Return on equity9.4%-34.7pp

Debt / equity0.9×+0.1×

Current ratio1.1×-0.2×

Where this comes from

Reported directly by Carrier Global in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Carrier Global’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carrier Global's climate solutions americas — research and development expense?: Carrier Global (CARR) reported climate solutions americas — research and development expense of $77M in Q1 2026.
How has Carrier Global's climate solutions americas — research and development expense changed year-over-year?: Carrier Global's climate solutions americas — research and development expense decreased by 10.5% year-over-year, from $86M to $77M.
What does climate solutions americas — research and development expense mean?: Expenditures dedicated to the innovation, design, and improvement of products and technologies within the Climate Solutions Americas segment. This investment is critical for maintaining market competitiveness and meeting evolving regulatory standards.