What is Carrier Global's net income?

Carrier Global (CARR) reported net income of $238M in Q1 2026.

How has Carrier Global's net income changed year-over-year?

Carrier Global's net income decreased by 42.2% year-over-year, from $412M to $238M.

What is the long-term trend for Carrier Global's net income?

Over 4 years (2021 to 2025), Carrier Global's net income has grown at a -3.4% compound annual growth rate (CAGR), from $1.7B to $1.48B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Carrier Global CARR Net Income

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$305.48M+26.9%

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$39.82M+35.9%

Comfort Systems USAFIX

$370.38M+119%

Lennox InternationalLII

$117.2M-9.6%

Trane TechnologiesTT

$584.4M-3.4%

Other financials

Income statement

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Revenue$5.3B+2.4%

Gross profit$1.5B+15.9%

Operating income$259.0M-58.8%

EPS (diluted)$0.28-40.4%

Balance sheet

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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

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Operating cash flow$79.0M-83.6%

CapEx$94.0M+49.2%

Free cash flow-$15.0M-104%

Valuation

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Market cap$63.12B+4.5%

Enterprise value$74.6B+5.9%

P/E48.2×+37.7×

P/S2.9×+0.2×

Profitability

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Gross margin26.6%-0.6pp

Operating margin8.2%-4.7pp

Net margin6%-19.8pp

FCF margin7.7%—

Returns & leverage

See full

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:NetIncomeLoss.

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 net income?: Carrier Global (CARR) reported net income of $238M in Q1 2026.
How has Carrier Global's net income changed year-over-year?: Carrier Global's net income decreased by 42.2% year-over-year, from $412M to $238M.
What is the long-term trend for Carrier Global's net income?: Over 4 years (2021 to 2025), Carrier Global's net income has grown at a -3.4% compound annual growth rate (CAGR), from $1.7B to $1.48B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.