Business Segments · Research and Development Expense

Climate Solutions Europe — Research and Development Expense

Carrier Global Climate Solutions Europe — Research and Development Expense increased by 10.5% to $21.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.7%, from $18.00M to $21.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2024
Last reportedQ1 2026
Rolls up toR&D

How to read this metric

Higher spending suggests a commitment to future innovation and competitive differentiation, while lower spending may indicate a focus on short-term cost control.

Detailed definition

Expenditures dedicated to innovation, product design, and engineering improvements within the Climate Solutions Europe s...

Peer comparison

Standard metric for assessing innovation intensity in manufacturing and industrial sectors.

Metric ID: carr_segment_climate_solutions_europe_research_and_development_expense

Historical Data

7 periods
 Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$23.00M$19.00M$20.00M$18.00M$19.00M$19.00M$21.00M
QoQ Change-17.4%+5.3%-10.0%+5.6%+0.0%+10.5%
YoY Change-21.7%+0.0%-5.0%+16.7%
Range$18.00M$23.00M
CAGR-5.9%
Avg YoY Growth-2.5%
Median YoY Growth-2.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Carrier Global's climate solutions europe — research and development expense?
Carrier Global (CARR) reported climate solutions europe — research and development expense of $21.00M in Q1 2026.
How has Carrier Global's climate solutions europe — research and development expense changed year-over-year?
Carrier Global's climate solutions europe — research and development expense increased by 16.7% year-over-year, from $18.00M to $21.00M.
What does climate solutions europe — research and development expense mean?
Money spent on developing new products and improving existing technology for the European climate business.