CARRIndustrials & materialscorporate.carrier.com
| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $3.63B | $5.22B | $6.11B | $5.58B | $4.84B | $5.34B | $6.35B | $6.26B | ▲ +12.3% |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Operating income | −$2.31B | $629.00M | $903.00M | $539.00M | $101.00M | $259.00M | $825.00M | −$2.27B | ▼ -521.7% |
| Net income | $2.55B | $412.00M | $591.00M | $428.00M | $53.00M | $238.00M | $501.00M | −$2.59B | ▼ -705.8% |
| R&D | $103.00M | $153.00M | $161.00M | $151.00M | $160.00M | $143.00M | $148.00M | $154.00M | ▲ +2.0% |
| EPS (diluted) | — | 0.47 $ | 0.68 $ | 0.50 $ | — | 0.28 $ | 0.60 $ | -3.16 $ | ▼ -732.0% |
| Margins (% of revenue) | |||||||||
| Gross | — | — | — | — | — | — | — | — | — |
| Operating | -63.6 % | 12.1 % | 14.8 % | 9.7 % | 2.1 % | 4.8 % | 13.0 % | -36.3 % | ▼ -46.0 pt |
| Net | 70.3 % | 7.9 % | 9.7 % | 7.7 % | 1.1 % | 4.5 % | 7.9 % | -41.4 % | ▼ -49.1 pt |
| Balance sheet | |||||||||
| Assets | $37.40B | $36.45B | $38.49B | $38.08B | $37.19B | $37.19B | $37.37B | $33.59B | ▼ -11.8% |
| Liabilities | $23.01B | $22.25B | $23.48B | $23.24B | $23.06B | $23.39B | $23.90B | $23.17B | ▼ -0.3% |
| Equity | $14.39B | $14.20B | $15.01B | $14.84B | $14.13B | $13.80B | $13.47B | $10.42B | ▼ -29.8% |
| Cash | $3.97B | $1.70B | $1.80B | $1.42B | $1.55B | $1.37B | $1.34B | $1.35B | ▼ -4.8% |
| Capital | |||||||||
| Shares outstanding | 868.34M | 857.31M | 851.02M | 842.21M | 835.84M | 830.58M | 824.33M | 818.16M | ▼ -2.9% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.