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 | 21,747.00 | 22,486.00 | 22,098.00 | 17,288.00 | 20,613.00 | 17,456.00 | 18,608.00 | 18,914.00 | 17,814.00 |
| Cost of revenue | 16,123.00 | 16,505.00 | 15,715.00 | 12,991.00 | 14,633.00 | 12,347.00 | 13,189.00 | 13,345.00 | 12,629.00 |
| Gross profit | 5,624.00 | 5,981.00 | 6,383.00 | 4,297.00 | 5,980.00 | 5,109.00 | 5,419.00 | 5,569.00 | 5,185.00 |
| Total operating expenses | 3,717.00 | 3,883.00 | 3,914.00 | 2,393.00 | 3,335.00 | 2,026.00 | 2,928.00 | 1,932.00 | 2,155.00 |
| Operating income | 1,907.00 | 2,098.00 | 2,296.00 | 1,904.00 | 2,645.00 | 3,083.00 | 2,491.00 | 3,637.00 | 3,030.00 |
| Non-operating income (net) | -109.00 | 176.00 | -212.00 | 1,919.00 | -245.00 | -228.00 | 181.00 | 205.00 | 24.00 |
| Income before tax | 1,798.00 | 2,274.00 | 2,084.00 | 3,823.00 | 2,400.00 | 2,855.00 | 2,672.00 | 3,842.00 | 3,054.00 |
| Income tax expense | 240.00 | 1,062.00 | -644.00 | 616.00 | 699.00 | 849.00 | 517.00 | 1,073.00 | 1,787.00 |
| Net income | 1,484.00 | 5,604.00 | 1,440.00 | 3,534.00 | 1,664.00 | 1,982.00 | 2,116.00 | 2,734.00 | 1,227.00 |
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 | 5,341.00 | 4,837.00 | 5,579.00 | 6,113.00 | 5,218.00 | 5,148.00 | 5,984.00 | 5,934.00 | 5,420.00 | 5,102.00 | 4,935.00 | 5,992.00 | 5,273.00 | 5,105.00 | 5,451.00 | 5,211.00 | 4,654.00 | 5,133.00 | 5,341.00 | 5,440.00 | 4,699.00 | 4,594.00 | 5,002.00 | 3,972.00 | 3,888.00 | 4,501.00 | 4,822.00 | 4,962.00 | 4,323.00 |
| Cost of revenue | 4,097.00 | 3,876.00 | 4,130.00 | 4,344.00 | 3,773.00 | 3,804.00 | 4,307.00 | 4,359.00 | 4,035.00 | 3,668.00 | 3,449.00 | 4,237.00 | 3,895.00 | 3,858.00 | 3,974.00 | 3,764.00 | 3,361.00 | 3,767.00 | 3,740.00 | 3,821.00 | 3,305.00 | 3,309.00 | 3,441.00 | 2,831.00 | 2,766.00 | 3,228.00 | 3,376.00 | 3,488.00 | 3,097.00 |
| Gross profit | 1,244.00 | 961.00 | 1,449.00 | 1,769.00 | 1,445.00 | 1,344.00 | 1,677.00 | 1,575.00 | 1,385.00 | 1,434.00 | 1,486.00 | 1,755.00 | 1,378.00 | 1,247.00 | 1,477.00 | 1,447.00 | 1,293.00 | 1,366.00 | 1,601.00 | 1,619.00 | 1,394.00 | 1,285.00 | 1,561.00 | 1,141.00 | 1,122.00 | 1,273.00 | 1,446.00 | 1,474.00 | 1,226.00 |
| Total operating expenses | 1,004.00 | 907.00 | 954.00 | 974.00 | 882.00 | 965.00 | 914.00 | 851.00 | 1,000.00 | 827.00 | 976.00 | 1,266.00 | 823.00 | 814.00 | -49.00 | 628.00 | -444.00 | 903.00 | 773.00 | 836.00 | 823.00 | 40.00 | 480.00 | 699.00 | 807.00 | 716.00 | 817.00 | 669.00 | 726.00 |
| Operating income | 240.00 | 54.00 | 495.00 | 795.00 | 563.00 | 379.00 | 763.00 | 724.00 | 385.00 | 607.00 | 510.00 | 489.00 | 555.00 | 433.00 | 1,526.00 | 819.00 | 1,737.00 | 463.00 | 828.00 | 783.00 | 571.00 | 1,245.00 | 1,081.00 | 442.00 | 315.00 | 557.00 | 629.00 | 805.00 | 500.00 |
| Non-operating income (net) | -70.00 | -49.00 | -62.00 | 17.00 | -15.00 | 314.00 | 7.00 | -157.00 | -141.00 | -48.00 | -39.00 | -67.00 | -46.00 | -56.00 | -56.00 | -62.00 | -49.00 | -58.00 | -60.00 | -52.00 | -75.00 | -69.00 | -72.00 | -67.00 | -20.00 | 34.00 | 50.00 | 54.00 | 43.00 |
| Income before tax | 170.00 | 5.00 | 433.00 | 812.00 | 548.00 | 693.00 | 770.00 | 567.00 | 244.00 | 559.00 | 471.00 | 422.00 | 509.00 | 377.00 | 1,470.00 | 757.00 | 1,688.00 | 405.00 | 768.00 | 731.00 | 496.00 | 1,176.00 | 1,009.00 | 375.00 | 295.00 | 591.00 | 679.00 | 859.00 | 543.00 |
| Income tax expense | -96.00 | -32.00 | -1.00 | 162.00 | 111.00 | 723.00 | 172.00 | 120.00 | 47.00 | 120.00 | 177.00 | 189.00 | 122.00 | 99.00 | 138.00 | 170.00 | 301.00 | 73.00 | 288.00 | 234.00 | 104.00 | 289.00 | 261.00 | 106.00 | 193.00 | 137.00 | 175.00 | 65.00 | 140.00 |
| Net income | 238.00 | 53.00 | 428.00 | 591.00 | 412.00 | 2,551.00 | 447.00 | 2,337.00 | 269.00 | 420.00 | 357.00 | 199.00 | 373.00 | 270.00 | 1,312.00 | 573.00 | 1,379.00 | 324.00 | 469.00 | 487.00 | 384.00 | 884.00 | 741.00 | 261.00 | 96.00 | 440.00 | 492.00 | 784.00 | 400.00 |