Carrier Global (CARR) Climate Solutions Europe — Research and Development Expense — Quarterly & Annual

Screener

Other segment segments

CSA

$347M—

Climate Solutions Americas

$80M-10.1%

CSE

$75M—

CSAME

$61M—

Climate Solutions Asia Pacific, Middle East & Africa

$15M-6.3%

Climate Solutions Transportation

$15M—

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$77M+22.2%

MOG.AIndustrial — Research and Development Expense

$8.77M-2.0%

CMIAccelera — Research and Development Expense

$32M-25.6%

CMIComponents — Research and Development Expense

$81M+8.0%

Other financials

Income statement

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

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

Operating cash flow$927.0M+42.8%

CapEx$117.0M+44.4%

Free cash flow$810.0M+42.6%

Valuation

Market cap$52.77B-6.1%

Enterprise value$64.01B-3.6%

P/E43.3×+29.2×

P/S2.4×-0.1×

Profitability

Gross margin26.6%-12.4pp

Operating margin7.8%-5.9pp

Net margin5.5%-12.3pp

FCF margin8.7%—

Returns & leverage

Return on equity8.6%-18.9pp

Debt / equity0.9×+0.1×

Current ratio1×-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)	CSA	CSE	CSAME	CST	Segment 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 earnings	31	—	25	2	58
Other income (expense), net	9	2	27	(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 europe — research and development expense?: Carrier Global (CARR) reported climate solutions europe — research and development expense of $22M in Q2 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 15.8% year-over-year, from $19M to $22M.
What does climate solutions europe — research and development expense mean?: Expenditures dedicated to innovation, product design, and engineering improvements within the Climate Solutions Europe segment. This investment is critical for maintaining technological leadership in HVAC efficiency and sustainability.

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