Service — Total Net Sales
Carrier Global Service — Total Net Sales decreased by 3.6% to $674.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.1%, from $566.00M to $674.00M. Over 4 years (FY 2021 to FY 2025), Service — Total Net Sales shows a downward trend with a -6.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher customer loyalty, a growing installed base, or improved service contract attachment rates, while a decrease may indicate competitive pressure or a shrinking installed base.
Detailed definition
This metric represents the total revenue generated from recurring service, maintenance, and aftermarket support contract...
Peer comparison
Comparable to service revenue or aftermarket sales reported by other industrial conglomerates and HVAC manufacturers.
carr_segment_service_total_net_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $856.00M | $831.00M | $877.00M | $484.00M | $549.00M | $560.00M | $578.00M | $587.00M | $637.00M | $650.00M | $661.00M | $640.00M | $685.00M | $677.00M | $494.00M | $566.00M | $636.00M | $673.00M | $699.00M | $674.00M |
| QoQ Change | — | -2.9% | +5.5% | -44.8% | +13.4% | +2.0% | +3.2% | +1.6% | +8.5% | +2.0% | +1.7% | -3.2% | +7.0% | -1.2% | -27.0% | +14.6% | +12.4% | +5.8% | +3.9% | -3.6% |
| YoY Change | — | — | — | — | -35.9% | -32.6% | -34.1% | +21.3% | +16.0% | +16.1% | +14.4% | +9.0% | +7.5% | +4.2% | -25.3% | -11.6% | -7.2% | -0.6% | +41.5% | +19.1% |
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Frequently Asked Questions
- What is Carrier Global's service — total net sales?
- Carrier Global (CARR) reported service — total net sales of $674.00M in Q1 2026.
- How has Carrier Global's service — total net sales changed year-over-year?
- Carrier Global's service — total net sales increased by 19.1% year-over-year, from $566.00M to $674.00M.
- What is the long-term trend for Carrier Global's service — total net sales?
- Over 4 years (2021 to 2025), Carrier Global's service — total net sales has grown at a -6.7% compound annual growth rate (CAGR), from $3.40B to $2.57B.
- What does service — total net sales mean?
- Total revenue earned from providing maintenance, repair, and support services to customers.