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Carrier Global CARR Climate Solutions Americas — Research and Development Expense

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$15M-6.3%
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Other financials

Income statement

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Revenue$6.4B+3.9%
Gross profit$1.5B-28.0%
Operating income$825.0M-8.6%
Net income$501.0M-15.2%
EPS (diluted)$0.60-11.8%

Balance sheet

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Cash & equivalents$1.3B-25.2%
Total debt$12.6B+5.0%
Total equity$13.5B-10.3%
Total assets$37.4B-2.9%

Cash flow

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Operating cash flow$927.0M+42.8%
CapEx$117.0M+44.4%
Free cash flow$810.0M+42.6%

Valuation

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Market cap$52.77B-6.1%
Enterprise value$64.01B-3.6%
P/E43.3×+29.2×
P/S2.4×-0.1×

Profitability

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Gross margin26.6%-12.4pp
Operating margin7.8%-5.9pp
Net margin5.5%-12.3pp
FCF margin8.7%

Returns & leverage

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Return on equity8.6%-18.9pp
Debt / equity0.9×+0.1×
Current ratio-0.1×

Where this comes from

Reported directly by Carrier Global in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Carrier Global’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 2:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001783180-26-000032
(In millions)CSACSECSAMECSTSegment Total
Net sales$3,372$1,324$917$738$6,351
Cost of goods sold(2,227)(936)(714)(531)(4,408)
Research and development(80)(22)(15)(15)(132)
Selling, general and administrative(282)(273)(132)(75)(762)
Equity method investment net earnings3125258
Other income (expense), net9227(1)37
Segment operating profit$823$95$108$118$1,144
Three Months Ended June 30, 2025

Item 1. Financial Statements

FAQ

What is Carrier Global's climate solutions americas — research and development expense?
Carrier Global (CARR) reported climate solutions americas — research and development expense of $80M in Q2 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 10.1% year-over-year, from $89M to $80M.
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.

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