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Carrier Global CARR Deferred Revenue

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$85.4M-6.4%

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:ContractWithCustomerLiabilityCurrent.

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)June 30,2026December 31,2025
Contract assets (included within Other current assets)$450$499
Contract assets, non-current (included within Other assets)1483
Total contract assets464582
Contract liabilities (included within Accrued liabilities)(816)(691)
Contract liabilities, non-current (included within Other long-term liabilities)(217)(203)
Total contract liabilities(1,033)(894)
Net contract assets (liabilities)$(569)$(312)

Item 1. Financial Statements

FAQ

What is Carrier Global's deferred revenue?
Carrier Global (CARR) reported deferred revenue of $816M in Q2 2026.
How has Carrier Global's deferred revenue changed year-over-year?
Carrier Global's deferred revenue increased by 48.6% year-over-year, from $549M to $816M.
What is the long-term trend for Carrier Global's deferred revenue?
Over 5 years (2020 to 2025), Carrier Global's deferred revenue has grown at a 6.2% compound annual growth rate (CAGR), from $512M to $691M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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