Carrier Global (CARR) Research & Development (2019 - 2026)
Carrier Global (CARR) reported Research & Development of $143.0 million for Q1 2026, down 6.54% year-over-year from $153.0 million in Q1 2025, and down 10.62% on a QoQ basis from $160.0 million in Q4 2025.
Carrier Global (CARR) has 8 years of Research & Development data on file, last reported at $143.0 million in Q1 2026.
- Quarterly Research & Development fell 6.54% year-over-year to $143.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $615.0 million (down 4.95% YoY) and the FY2025 annual result came in at $625.0 million, down 8.89% from the prior year.
- Research & Development slipped to $143.0 million in Q1 2026 per CARR's latest filing, from $160.0 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.
- The 5-year median for Research & Development is $151.0 million (2023), against an average of $142.6 million.
- The widest annual swing landed in 2022, when Research & Development plunged 80.6%; it then soared 430.77% in 2023.
- Tracing CARR's Research & Development over 5 years: stood at $26.0 million in 2022, then soared by 430.77% to $138.0 million in 2023, then grew by 17.39% to $162.0 million in 2024, then fell by 1.23% to $160.0 million in 2025, then decreased by 10.62% to $143.0 million in 2026.
- Per Business Quant, the three latest CARR Research & Development figures stand at $143.0 million (Q1 2026), $160.0 million (Q4 2025), and $151.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | - |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | - |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 143.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | - |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | - |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 12.10 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | - |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | - |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | - |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 37.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 125.00 Mn |
| Mar 31, 2021 | 121.00 Mn |
| Dec 31, 2020 | 127.00 Mn |
| Sep 30, 2020 | 100.00 Mn |
| Jun 30, 2020 | 94.00 Mn |
| Mar 31, 2020 | 98.00 Mn |
| Dec 31, 2019 | 99.00 Mn |
| Sep 30, 2019 | 102.00 Mn |
| Jun 30, 2019 | 103.00 Mn |
| Mar 31, 2019 | 97.00 Mn |