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Carrier Global CARR Climate Solutions Transportation — Research and Development Expense

Other segment segments

CSA

$347M—

Climate Solutions Americas

$77M-10.5%

CSE

$75M—

CSAME

$61M—

Climate Solutions Europe

$21M+16.7%

Climate Solutions Asia Pacific, Middle East & Africa

$15M0.0%

Similar metrics at other companies

TELTransportation Solutions — Research And Development And Engineering Expense

$121M+9.0%

OSKTransport — Research And Development Expense

$3.3M+32.0%

MODClimate Solutions — Segment Expenditure Addition To Long Lived Assets

$30.6M+70.0%

CCThermal And Specialized Solutions — Research And Development Expense

$7M0.0%

REZIProducts and Solutions — Research and development expenses

$36M+33.3%

WABTransit Segment — Research and Development Expense

$13M+30.0%

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 transportation — research and development expense?: Carrier Global (CARR) reported climate solutions transportation — research and development expense of $15M in Q1 2026.
What does climate solutions transportation — research and development expense mean?: Expenditures dedicated to the innovation, design, and testing of new technologies and products within the Climate Solutions Transportation segment. This investment is critical for maintaining a competitive edge in transport refrigeration and supply chain monitoring.