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CARRIER GLOBAL Corp R&D Expense 2018-2025 | CARR

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What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is CARRIER GLOBAL Corp's current r&d expense?

CARRIER GLOBAL Corp (CARR) annual r&d expense for 2025 was $625.0M, a 8.89% decline from 2024. CARRIER GLOBAL Corp r&d expense for the quarter ending December 31, 2025 was $160.0M.

What was CARRIER GLOBAL Corp's r&d expense in 2024?

CARRIER GLOBAL Corp annual r&d expense for 2024 was $686.0M, a 39.15% increase from 2023.

What was CARRIER GLOBAL Corp's r&d expense in 2023?

CARRIER GLOBAL Corp annual r&d expense for 2023 was $493.0M, a 18.51% increase from 2022.

What is CARRIER GLOBAL Corp's 5-year r&d expense CAGR?

CARRIER GLOBAL Corp r&d expense grew at a compound annual growth rate (CAGR) of 8.33% from FY2020 to FY2025, going from $419.0M to $625.0M over 5 years.

R&D Expense History

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

Key Statistics
Trend Direction
Stable
CAGR+8.3%
FY2020
$419.0M
FY2025
$625.0M
1819202122232425
5 years selected
R&D Expense History
PeriodValueChangeSource
FY2025$625.0M-8.9%10-K
FY2024$686.0M+39.1%10-K
FY2023$493.0M+18.5%10-K
FY2022$416.0M-17.3%10-K
FY2021$503.0M+20.0%10-K
FY2020$419.0M+4.5%10-K
FY2019$401.0M+0.3%10-K
FY2018$400.0M-10-K
Company: CARRIER GLOBAL CorpTicker: CARRSector: OtherIndustry: Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipView company profile →