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CARRIER GLOBAL Corp Net Income 2018-2026 | CARR

Annual FY2018–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$1.48B

−73.5%YoY vs FY2024Source: 10-KFY2025

From $2.73B in FY2018 to $1.48B in FY2025: 0.5× in 7 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$238M−42.2%Not reportedNot reportedNot reported
FY25$412M+53.2%$591M−74.7%$428M−4.3%$53M−97.9%
FY24$269M−27.9%$2.3B+1074.4%$447M+25.2%$2.6B+507.4%
FY23$373M−73.1%$199M−66.1%$357M−73.2%$420M+51.1%
FY22$1.4B+261.2%$587M+20.5%$1.3B+184.0%$278M−14.2%
Share21%27%27%25%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

−5.8%

FY2020
$2.01B
FY2025
$1.48B

5 years selected · on the chart

Net Income History

Year-over-year comparison from 10-K annual reports

  1. $1.48B
YoY changeLargest recent move+315.4%in FY24Latest −73.5%

1 older move runs past ±150% (largest +315.4%); point at, tap or drag across the bars to read one.

Net Income, period by period

PeriodValueChangeSource
FY2025$1.48B−73.5%10-K
FY2024$5.60B+315.4%10-K
FY2023$1.35B−62.4%10-K
FY2022$3.58B+115.4%10-K
FY2021$1.66B−17.0%10-K
FY2020$2.01B−5.2%10-K
FY2019$2.12B−22.6%10-K
FY2018$2.73B—10-K

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is CARRIER GLOBAL Corp's current net income?

CARRIER GLOBAL Corp (CARR) annual net income for 2025 was $1.48B, a 73.52% decline from 2024. CARRIER GLOBAL Corp net income for the quarter ending March 31, 2026 was $238.0M.

What was CARRIER GLOBAL Corp's net income in 2024?

CARRIER GLOBAL Corp annual net income for 2024 was $5.60B, a 315.42% increase from 2023.

What was CARRIER GLOBAL Corp's net income in 2023?

CARRIER GLOBAL Corp annual net income for 2023 was $1.35B, a 62.36% decline from 2022.

What is CARRIER GLOBAL Corp's 5-year net income CAGR?

CARRIER GLOBAL Corp net income grew at a compound annual growth rate (CAGR) of 5.85% from FY2020 to FY2025, going from $2.01B to $1.48B over 5 years.

Company
CARRIER GLOBAL Corp
Ticker
CARR
Sector
Other
Industry
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip