Name: CARR Income Statement - Carrier Global Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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CARR - Carrier Global Corp.

USD | NYSE | Industrials

CARR Income Statement - Carrier Global Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19
Revenues
Revenues	5,341.0	4,837.0	5,579.0	6,113.0	5,218.0	5,148.0	5,984.0	5,934.0	5,420.0	2,751.0	4,935.0	5,992.0	5,273.0	1,972.0	5,451.0	5,211.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Revenues
Revenues	21,870.0	21,747.0	22,486.0	18,951.0	17,288.0	20,613.0	17,456.0	18,608.0	18,914.0
Cost of Revenue	-	-	16,505.0	13,789.0	12,991.0	-	-	-	-
Gross Profit	-	-	5,981.0	5,162.0	4,297.0	-	-	-	-
Operating Expenses
Research & Development	615.0	625.0	686.0	493.0	416.0	503.0	419.0	401.0	400.0
Selling General & Administrative	3,224.0	3,092.0	3,197.0
Operating Income
Operating Income	1,802.0	2,172.0	2,646.0	2,160.0	3,984.0	2,645.0	3,083.0	2,491.0	3,637.0
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-
Interest Expense	-	458.0	580.0	306.0	238.0
Tax & Net
Income Tax Expense	33.0	240.0	1,062.0	521.0	616.0	699.0	849.0	517.0	1,073.0
Net Income From Continuing Ops	1,387.0	1,558.0	1,212.0	1,478.0
Per Share
EPS Basic	1.57	1.74	6.24	1.61	4.19	1.92	2.29	2.44	3.16
EPS Diluted	1.55	1.72	6.15	1.58	4.10
Supplementary Data
EBITDA	-	3,446.0	3,878.0	2,651.0	4,312.0	2,983.0	3,419.0	2,826.0	3,994.0
EBIT	1,802.0	2,172.0	2,646.0	2,160.0	3,984.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	143.0	160.0	151.0	161.0	153.0	162.0	172.0	160.0	192.0	77.0	126.0	151.0	139.0	26.0	143.0	122.0	125.0	134.0	123.0	125.0	121.0	127.0	100.0	94.0	98.0	99.0	102.0	103.0	97.0
Selling General & Administrative	861.0	747.0	803.0	813.0	729.0	802.0	799.0	789.0	807.0	438.0	664.0	784.0	721.0	138.0	624.0	614.0
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Intangibles	217.0	227.0	228.0	221.0	208.0	211.0	213.0	208.0	211.0	42.0	54.0	61.0	64.0	25.0	38.0	20.0
Other Operating Expenses	(12.0)	0.0	(16.0)	30.0	22.0	350.0	(9.0)	8.0	(32.0)	538.0	(261.0)	(383.0)	(7.0)	(54.0)	753.0	7.0	1,112.0
Total Operating Expenses	5,101.0	4,783.0	5,084.0	5,318.0	4,655.0	4,768.0	5,278.0	5,308.0	5,034.0	2,723.0	4,239.0	5,172.0	4,755.0	2,056.0	4,741.0

Operating Income
Operating Income	259.0	101.0	539.0	903.0	629.0	774.0	763.0	724.0	385.0	606.0	510.0	489.0	555.0	(98.0)	1,526.0	819.0	1,737.0	463.0	828.0	783.0	571.0	1,245.0	1,081.0	442.0	315.0	557.0	629.0	805.0	500.0

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income From Equity Investments	31.0	47.0	60.0	78.0	44.0	44.0	66.0	90.0	31.0	40.0	75.0	52.0	44.0	40.0	63.0	101.0
Other Non-Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pre-Tax Income	170.0	5.0	433.0	812.0	548.0	693.0	770.0	567.0	244.0	597.0	471.0	422.0	509.0	(92.0)	1,470.0	757.0

Tax & Net
Income Tax Expense	(96.0)	(32.0)	(1.0)	162.0	111.0	723.0	172.0	120.0	47.0	33.0	177.0	189.0	122.0	7.0	138.0	170.0	301.0	73.0	288.0	234.0	104.0	289.0	261.0	106.0	193.0	137.0	175.0	65.0	140.0
Net Income From Continuing Ops	266.0	37.0	434.0	650.0	437.0	(30.0)	598.0	447.0	197.0	564.0	294.0	233.0	387.0	(99.0)	1,332.0	587.0	1,387.0
Net Income From Discontinued Ops	(1.0)	25.0	21.0	(17.0)	0.0	2,599.0	(117.0)	1,922.0	92.0	-	87.0	-	-	-	-	-	-
Net Income	265.0	62.0	455.0	633.0	437.0	2,569.0	481.0	2,369.0	289.0	439.0	381.0	233.0	387.0	278.0	1,332.0	587.0	1,387.0
Net Income Attributable To Parent	238.0	53.0	428.0	591.0	412.0	2,551.0	447.0	2,337.0	269.0	420.0	357.0	199.0	373.0	270.0	1,312.0	573.0
Less: Minority Interest	27.0	9.0	27.0	42.0	25.0	18.0	34.0	32.0	20.0	19.0	24.0	34.0	14.0	8.0	20.0	14.0	8.0
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	238.0	53.0	428.0	591.0	412.0	2,551.0	447.0	2,337.0	269.0	420.0	357.0	199.0	373.0	270.0	1,312.0

Per Share
EPS Basic	0.29	-	0.50	0.69	0.47	-	0.50	2.59	0.30	-	0.43	0.24	0.45	-	1.56	0.68	1.62	-	0.54	0.56	0.44	-	0.86	0.30	0.11	-	0.57	0.91	0.46
EPS Diluted	0.28	-	0.50	0.68	0.47	-	0.49	2.55	0.29	-	0.42	0.23	0.44	-	1.53	0.67	1.58	-
Shares Basic	835.0	-	848.8	854.9	866.9	-	901.2	902.4	899.2	-	838.7	836.0	835.0	-	839.6	845.7	853.3	-
Shares Diluted	842.8	-	858.6	866.3	878.3	-	915.0	915.3	913.0	-	854.7	850.9	852.2	-	856.5	862.7	874.1	-

Supplementary Data
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,416.0	1,137.0	495.0	371.0	729.0	683.0	860.0	554.0
EBIT	259.0	101.0	539.0	903.0	629.0	774.0	763.0	724.0	385.0	606.0	510.0	489.0	555.0	(98.0)	1,526.0	819.0	1,737.0	463.0	828.0