FINHUB Insights

CARR · Q2 FY25 · Apr 1 – Jun 30, 2025

Carrier Global Q2 FY25: where the revenue came from and where it went

Carrier Global Q2 FY25: revenue $6.1B (+3% year over year). Net profit $0.6B. Largest cohort Climate Solutions Americas $3.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 29, 2025 10-Q
Sankey diagram of Carrier Global's income statement for Q2 FY25: revenue of $6.1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.1B +3% year over year
Gross profit$2.2B 37% margin
Operating profit$0.9B 15% margin
Net profit$0.6B 10% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 6.1 100% +3%
Climate Solutions Americas 3.3 54% +14%
Climate Solutions Europe 1.3 21% +5%
Climate Solutions CSAME 0.9 15% −2%
Climate Solutions Transportation 0.7 11% −25%
Cost of revenue−3.964%
Gross profit2.237% margin+0pp
Research & development−0.23%+0pp
SG&A−0.813%+0pp
Other−0.46%+0pp
Operating profit0.915% margin+3pp
Tax−0.1
Interest & other costs−0.2
Net profit0.610%−30pp
Filing on EDGAR More quarters of CARR

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters