Carrier Global (CARR) Research & Development (2019 - 2026)
Carrier Global (CARR) posted quarterly Research & Development of $148.0 million for 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.
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.
- In Q2 2026, Research & Development fell 8.07% year-over-year to $148.0 million; the TTM figure through Jun 2026 stood at $602.0 million (down 7.1% YoY), while the FY2025 annual figure was $625.0 million, down 8.89% from the prior year.
- Research & Development climbed to $148.0 million in Q2 2026 per CARR's latest filing, from $143.0 million in the prior quarter.
- Across five years, Research & Development topped out at $192.0 million in Q1 2024 and bottomed at $26.0 million in Q4 2022.
- Historically, Research & Development has averaged $142.9 million across 5 years, with a median of $149.5 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development slumped 80.6% — and 2023, when it surged 430.77%.
- Carrier Global's Research & Development stood at $26.0 million in 2022, then soared by 430.77% to $138.0 million in 2023, then gained by 17.39% to $162.0 million in 2024, then slipped by 1.23% to $160.0 million in 2025, then declined by 7.5% to $148.0 million in 2026.
- Business Quant data shows CARR's Research & Development at $148.0 million in Q2 2026, $143.0 million in Q1 2026, and $160.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 148.00 Mn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | - |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 11.40 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | - |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 35.00 Mn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 130.82 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | - |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |