Income Statement - CARRIER GLOBAL Corp (CARR)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | |
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 21.75 | 22.49 | 22.10 | 17.29 | 20.61 | 17.46 | 18.61 | 18.91 | 17.81 |
| Cost of revenue | 16.12 | 16.51 | 15.72 | 12.99 | 14.63 | 12.35 | 13.19 | 13.35 | 12.63 |
| Gross profit | 5.62 | 5.98 | 6.38 | 4.30 | 5.98 | 5.11 | 5.42 | 5.57 | 5.19 |
| Total operating expenses | 3.72 | 3.88 | 3.91 | 2.39 | 3.34 | 2.03 | 2.93 | 1.93 | 2.16 |
| Operating income | 1.91 | 2.10 | 2.30 | 1.90 | 2.65 | 3.08 | 2.49 | 3.64 | 3.03 |
| Non-operating income (net) | -0.11 | 0.18 | -0.21 | 1.92 | -0.25 | -0.23 | 0.18 | 0.21 | 0.02 |
| Income before tax | 1.80 | 2.27 | 2.08 | 3.82 | 2.40 | 2.86 | 2.67 | 3.84 | 3.05 |
| Income tax expense | 0.24 | 1.06 | -0.64 | 0.62 | 0.70 | 0.85 | 0.52 | 1.07 | 1.79 |
| Net income | 1.48 | 5.60 | 1.44 | 3.53 | 1.66 | 1.98 | 2.12 | 2.73 | 1.23 |
Show Quarterly Income Statement
Income Statement - CARRIER GLOBAL Corp (CARR)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 5.34 | 4.84 | 5.58 | 6.11 | 5.22 | 5.15 | 5.98 | 5.93 | 5.42 | 5.10 | 4.94 | 5.99 | 5.27 | 5.11 | 5.45 | 5.21 | 4.65 | 5.13 | 5.34 | 5.44 | 4.70 | 4.59 | 5.00 | 3.97 | 3.89 | 4.50 | 4.82 | 4.96 | 4.32 |
| Cost of revenue | 4.10 | 3.88 | 4.13 | 4.34 | 3.77 | 3.80 | 4.31 | 4.36 | 4.04 | 3.67 | 3.45 | 4.24 | 3.90 | 3.86 | 3.97 | 3.76 | 3.36 | 3.77 | 3.74 | 3.82 | 3.31 | 3.31 | 3.44 | 2.83 | 2.77 | 3.23 | 3.38 | 3.49 | 3.10 |
| Gross profit | 1.24 | 0.96 | 1.45 | 1.77 | 1.45 | 1.34 | 1.68 | 1.58 | 1.39 | 1.43 | 1.49 | 1.76 | 1.38 | 1.25 | 1.48 | 1.45 | 1.29 | 1.37 | 1.60 | 1.62 | 1.39 | 1.29 | 1.56 | 1.14 | 1.12 | 1.27 | 1.45 | 1.47 | 1.23 |
| Total operating expenses | 1.00 | 0.91 | 0.95 | 0.97 | 0.88 | 0.97 | 0.91 | 0.85 | 1.00 | 0.83 | 0.98 | 1.27 | 0.82 | 0.81 | -0.05 | 0.63 | -0.44 | 0.90 | 0.77 | 0.84 | 0.82 | 0.04 | 0.48 | 0.70 | 0.81 | 0.72 | 0.82 | 0.67 | 0.73 |
| Operating income | 0.24 | 0.05 | 0.50 | 0.80 | 0.56 | 0.38 | 0.76 | 0.72 | 0.39 | 0.61 | 0.51 | 0.49 | 0.56 | 0.43 | 1.53 | 0.82 | 1.74 | 0.46 | 0.83 | 0.78 | 0.57 | 1.25 | 1.08 | 0.44 | 0.32 | 0.56 | 0.63 | 0.81 | 0.50 |
| Non-operating income (net) | -0.07 | -0.05 | -0.06 | 0.02 | -0.02 | 0.31 | 0.01 | -0.16 | -0.14 | -0.05 | -0.04 | -0.07 | -0.05 | -0.06 | -0.06 | -0.06 | -0.05 | -0.06 | -0.06 | -0.05 | -0.08 | -0.07 | -0.07 | -0.07 | -0.02 | 0.03 | 0.05 | 0.05 | 0.04 |
| Income before tax | 0.17 | 0.01 | 0.43 | 0.81 | 0.55 | 0.69 | 0.77 | 0.57 | 0.24 | 0.56 | 0.47 | 0.42 | 0.51 | 0.38 | 1.47 | 0.76 | 1.69 | 0.41 | 0.77 | 0.73 | 0.50 | 1.18 | 1.01 | 0.38 | 0.30 | 0.59 | 0.68 | 0.86 | 0.54 |
| Income tax expense | -0.10 | -0.03 | 0.00 | 0.16 | 0.11 | 0.72 | 0.17 | 0.12 | 0.05 | 0.12 | 0.18 | 0.19 | 0.12 | 0.10 | 0.14 | 0.17 | 0.30 | 0.07 | 0.29 | 0.23 | 0.10 | 0.29 | 0.26 | 0.11 | 0.19 | 0.14 | 0.18 | 0.07 | 0.14 |
| Net income | 0.24 | 0.05 | 0.43 | 0.59 | 0.41 | 2.55 | 0.45 | 2.34 | 0.27 | 0.42 | 0.36 | 0.20 | 0.37 | 0.27 | 1.31 | 0.57 | 1.38 | 0.32 | 0.47 | 0.49 | 0.38 | 0.88 | 0.74 | 0.26 | 0.10 | 0.44 | 0.49 | 0.78 | 0.40 |