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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%
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$48.42B-15.8%
Enterprise value$59.66B-11.9%
P/E39.7×+25.3×
P/S2.2×-0.4×

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:NetIncomeLoss.

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, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Discontinued operations, net of tax(17)(17)
Net earnings (loss)5416338061,070
Less: Non-controlling interest in subsidiaries'40426767
Net earnings (loss) attributable to common shareowners$501$591$739$1,003
Amounts attributable to common shareowners:
Continuing operations$501$608$739$1,020
Discontinued operations(17)(17)
Net earnings (loss) attributable to common shareowners$501$591$739$1,003

Item 1. Financial Statements

FAQ

What is Carrier Global's net income?
Carrier Global (CARR) reported net income of $501M in Q2 2026.
How has Carrier Global's net income changed year-over-year?
Carrier Global's net income decreased by 15.2% year-over-year, from $591M to $501M.
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.

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