Carrier Global (CARR) Cost of Revenue (2019 - 2026)

Carrier Global (CARR) has reported Cost of Revenue for 8 consecutive years, with $4.4 billion the latest figure, recorded in Q2 2026.

• In Q2 2026, Cost of Revenue rose 7.09% year-over-year to $4.4 billion; the TTM figure through Jun 2026 stood at $15.7 billion (up 2.48% YoY), while the FY2025 annual figure was $15.2 billion, down 1.98% from the prior year.
• Cost of Revenue advanced to $4.4 billion in Q2 2026 per CARR's latest filing, from $3.8 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $4.4 billion in Q2 2026 and bottomed at $3.0 billion in Q3 2023.
• Historically, Cost of Revenue has averaged $3.7 billion across 5 years, with a median of $3.7 billion in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue surged 41.16% — and 2024, when it slipped 16.85%.
• Carrier Global's Cost of Revenue stood at $3.1 billion in 2022, then surged by 41.16% to $4.3 billion in 2023, then fell by 16.85% to $3.6 billion in 2024, then gained by 0.11% to $3.6 billion in 2025, then increased by 22.55% to $4.4 billion in 2026.
• Business Quant data shows CARR's Cost of Revenue at $4.4 billion in Q2 2026, $3.8 billion in Q1 2026, and $3.6 billion in Q4 2025.