Carrier Global Q2 FY25: where the revenue came from and where it went
The whole income statement of Carrier Global for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Jul 29, 2025
Revenue$6.11B
+3% year over year
Gross profit$1.88B
31% margin
Operating profit$0.90B
15% margin
Net profit$0.59B
10% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.11 | 100% | +3% |
| Americas | 3.25 | 53% | +14% |
| Europe | 1.25 | 21% | +5% |
| CSAME | 0.88 | 14% | −2% |
| Transportation | 0.73 | 12% | −25% |
| Cost of revenue | −4.24 | 69% | |
| Gross profit | 1.88 | 31% margin | +3pp |
| R&D | −0.16 | 3% | +0pp |
| SG&A | −0.81 | 13% | +0pp |
| Operating profit | 0.90 | 15% margin | +3pp |
| Interest & other costs | −0.15 | ||
| Tax | −0.16 | ||
| Net profit | 0.59 | 10% margin | −30pp |
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