Carrier Global (CARR) Operating Income (2019 - 2026)
Carrier Global (CARR) posted quarterly Operating Income of $825.0 million for Q2 2026, down 8.64% year-over-year from $903.0 million in Q2 2025, and up 218.53% quarter-over-quarter from $259.0 million in Q1 2026.
Carrier Global (CARR) Operating Income (2019 - 2026) Analysis & Trends
Carrier Global (CARR) has reported Operating Income for 8 consecutive years, with $825.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income fell 8.64% year-over-year to $825.0 million; the TTM figure through Jun 2026 stood at $1.7 billion (down 43.83% YoY), while the FY2025 annual figure was $2.2 billion, down 17.91% from the prior year.
- Operating Income advanced to $825.0 million in Q2 2026 per CARR's latest filing, from $259.0 million in the prior quarter.
- Across five years, Operating Income topped out at $1.7 billion in Q1 2022 and bottomed at -$98.0 million in Q4 2022.
- Historically, Operating Income has averaged $669.2 million across 5 years, with a median of $640.0 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Income sank 121.17% — and 2023, when it soared 650.0%.
- Carrier Global's Operating Income stood at -$98.0 million in 2022, then jumped by 650.0% to $539.0 million in 2023, then jumped by 43.6% to $774.0 million in 2024, then tumbled by 86.95% to $101.0 million in 2025, then jumped by 716.83% to $825.0 million in 2026.
- Business Quant data shows CARR's Operating Income at $825.0 million in Q2 2026, $259.0 million in Q1 2026, and $101.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 1.22 Bn |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 987.00 Mn |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 825.00 Mn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 470.00 Mn |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 352.50 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 355.00 Mn |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 482.00 Mn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 254.55 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 115.00 Mn |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 133.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 825.00 Mn |
| Mar 31, 2026 | 259.00 Mn |
| Dec 31, 2025 | 101.00 Mn |
| Sep 30, 2025 | 539.00 Mn |
| Jun 30, 2025 | 903.00 Mn |
| Mar 31, 2025 | 629.00 Mn |
| Dec 31, 2024 | 774.00 Mn |
| Sep 30, 2024 | 763.00 Mn |
| Jun 30, 2024 | 724.00 Mn |
| Mar 31, 2024 | 385.00 Mn |
| Dec 31, 2023 | 539.00 Mn |
| Sep 30, 2023 | 510.00 Mn |
| Jun 30, 2023 | 651.00 Mn |
| Mar 31, 2023 | 460.00 Mn |
| Dec 31, 2022 | -98.00 Mn |
| Sep 30, 2022 | 1.53 Bn |
| Jun 30, 2022 | 819.00 Mn |
| Mar 31, 2022 | 1.74 Bn |
| Dec 31, 2021 | 463.00 Mn |
| Sep 30, 2021 | 828.00 Mn |