Carrier Global (CARR) Operating Income (2019 - 2026)
Carrier Global (CARR) reported Operating Income of $259.0 million for Q1 2026, down 58.82% year-over-year from $629.0 million in Q1 2025, and up 156.44% on a QoQ basis from $101.0 million in Q4 2025.
Carrier Global (CARR) has 8 years of Operating Income data on file, last reported at $259.0 million in Q1 2026.
- Quarterly Operating Income fell 58.82% year-over-year to $259.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.8 billion (down 37.65% YoY) and the FY2025 annual result came in at $2.2 billion, down 17.91% from the prior year.
- Operating Income grew to $259.0 million in Q1 2026 per CARR's latest filing, from $101.0 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.
- The 5-year median for Operating Income is $629.0 million (2025), against an average of $660.1 million.
- The widest annual swing landed in 2022, when Operating Income tumbled 121.17%; it then jumped 650.0% in 2023.
- Tracing CARR's Operating Income over 5 years: 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 plunged by 86.95% to $101.0 million in 2025, then surged by 156.44% to $259.0 million in 2026.
- Per Business Quant, the three latest CARR Operating Income figures stand at $259.0 million (Q1 2026), $101.0 million (Q4 2025), and $539.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 776.10 Mn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 853.00 Mn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 259.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 163.50 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 316.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 180.30 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 43.96 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 87.70 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 53.34 Mn |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 120.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 783.00 Mn |
| Mar 31, 2021 | 571.00 Mn |
| Dec 31, 2020 | 1.25 Bn |
| Sep 30, 2020 | 1.08 Bn |
| Jun 30, 2020 | 442.00 Mn |
| Mar 31, 2020 | 315.00 Mn |
| Dec 31, 2019 | 557.00 Mn |
| Sep 30, 2019 | 629.00 Mn |
| Jun 30, 2019 | 805.00 Mn |
| Mar 31, 2019 | 500.00 Mn |