Carrier Global Corporation (CARR) Financials
Key financial figures for Carrier Global Corporation (Q3 2026).
Carrier Q3 2026 net sales rose 12% to $6.263B (organic +15%) and adjusted EPS rose to $0.87 from $0.67, but a $3.1B non-cash goodwill impairment in Climate Solutions Europe drove a GAAP loss of $3.16 per share. Net sales were $6,263 million, up 12% from $5,579 million a year earlier; organic sales rose 15% and divestitures (Riello, NORESCO) were a 3% headwind. Climate Solutions Americas sales rose 24% to $3,354 million (organic +25%). Adjusted operating profit rose 33% to $1,091 million and adjusted operating margin was 17.4% versus 14.8%, up 260 basis points, on volume and price net of input costs and tariffs; the release says about $130 million of operating profit came from IEEPA tariff refunds. On the outlook: FY2026 (as of Oct 29, 2026): sales $23.8 to $24.0 billion with organic growth of about 10% (prior: about $23 billion, organic up mid-to-high single digits); adjusted operating profit about $3.5 billion (unchanged); adjusted EPS $2.85 to $2.90 (prior: about $2.90); free cash flow about $2 billion (unchanged); about $2.3 billion to be returned to shareowners through dividends and repurchases. Figures are for Q3 2026, as Carrier Global Corporation reported them.
- Revenue
- $6.3B
- Net Income
- -$2.6B
- EPS
- $-3.16
- Total Assets
- $33.6B
- Operating Cash Flow
- $813M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $6.3B | -$2.6B | -$3.16 | -36.29% | $674M |
| Q2 FY2026 | $6.4B | $501M | $0.60 | 12.12% | $810M |
| Q1 FY2026 | $5.3B | $238M | $0.28 | 4.49% | -$15M |
| Q4 FY2025 | $4.8B | $53M | $0.06 | 1.12% | $882M |
| Q3 FY2025 | $5.6B | $428M | $0.50 | 8.87% | $224M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $21.7B | $1.5B | $1.72 | 8.77% | $1.7B |
| FY2024 | $22.5B | $5.6B | $6.15 | 9.33% | $44M |
| FY2023 | $19.0B | $1.3B | $1.58 | 10.88% | $2.2B |
Frequently asked questions
What was Carrier Global Corporation's revenue last quarter?
Carrier Global Corporation reported revenue of $6.26 billion for Q3 FY2026, up 12.3% from the same period a year earlier.
Is Carrier Global Corporation profitable?
Not in its most recent reported period. Carrier Global Corporation reported a net loss of $2.59 billion for Q3 FY2026, a net margin of -41.4% on revenue.
How has Carrier Global Corporation's margin trended?
Operating margin was -36.29% in Q3 FY2026, compared with 8.87% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Carrier Global Corporation generate?
Carrier Global Corporation generated free cash flow of $674.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Carrier Global Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.