Carrier Global CARR
NYSE CARR
$57.44 +0.81 (+1.43%)
At close: Sep 11, 2026 · 4:00 PM EDT

Carrier Global (CARR) Research & Development (2019 - 2026)

Carrier Global's (CARR) quarterly Research & Development came in at $148.0 million in Q2 2026, down 8.07% year-over-year from $161.0 million in Q2 2025, and up 3.5% quarter-over-quarter from $143.0 million in Q1 2026.

Analysis

Carrier Global (CARR) Research & Development (2019 - 2026) Analysis & Trends

Carrier Global (CARR) has reported Research & Development for 8 consecutive years, with $148.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 8.07% year-over-year to $148.0 million in Q2 2026; TTM through Jun 2026 was $602.0 million, a 7.1% decrease from a year earlier, with the FY2025 full-year figure at $625.0 million, down 8.89% from the prior year.
  • Research & Development was $148.0 million for Q2 2026 at Carrier Global, up from $143.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $192.0 million in Q1 2024 and troughed at $26.0 million in Q4 2022.
  • A 5-year average of $142.9 million and a median of $149.5 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development tumbled 80.6% in 2022 and jumped 430.77% in 2023, its largest moves.
  • Over 5 years, Research & Development stood at $26.0 million in 2022, then jumped by 430.77% to $138.0 million in 2023, then increased by 17.39% to $162.0 million in 2024, then retreated by 1.23% to $160.0 million in 2025, then slipped by 7.5% to $148.0 million in 2026.
  • The last three Research & Development figures came in at $148.0 million (Q2 2026), $143.0 million (Q1 2026), and $160.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Trane Technologies 97.32 Bn 96.02 Bn 2.26 Bn -
2 Johnson Controls International 88.44 Bn 87.84 Bn 2.47 Bn -
3 Comfort Systems Usa 59.52 Bn 57.67 Bn 844.23 Mn -
4 Carrier Global 47.35 Bn 46.33 Bn 1.94 Bn 148.00 Mn
5 Lennox International 12.64 Bn 12.59 Bn 539.50 Mn -
6 Modine Manufacturing 9.98 Bn 9.92 Bn - -
7 SPX Technologies 9.61 Bn 9.44 Bn 272.80 Mn -
8 Smith A O 7.80 Bn 7.62 Bn 387.80 Mn -
9 Aaon 6.58 Bn 6.58 Bn 152.49 Mn -
10 Legence 6.12 Bn 6.21 Bn 220.23 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 148.00 Mn
Mar 31, 2026 143.00 Mn
Dec 31, 2025 160.00 Mn
Sep 30, 2025 151.00 Mn
Jun 30, 2025 161.00 Mn
Mar 31, 2025 153.00 Mn
Dec 31, 2024 162.00 Mn
Sep 30, 2024 172.00 Mn
Jun 30, 2024 160.00 Mn
Mar 31, 2024 192.00 Mn
Dec 31, 2023 138.00 Mn
Sep 30, 2023 126.00 Mn
Jun 30, 2023 151.00 Mn
Mar 31, 2023 139.00 Mn
Dec 31, 2022 26.00 Mn
Sep 30, 2022 143.00 Mn
Jun 30, 2022 122.00 Mn
Mar 31, 2022 125.00 Mn
Dec 31, 2021 134.00 Mn
Sep 30, 2021 123.00 Mn