Carrier Global Q4 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
- Oct 1 – Dec 31, 2025
- Reported
- Feb 5, 2026
Revenue$4.84B
−6% year over year
Gross profit$1.01B
21% margin
Operating profit$0.10B
2% margin
Net profit$0.05B
1% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 4.84 | 100% | −6% |
| US | 2.11 | 44% | −16% |
| Europe | 1.61 | 33% | +5% |
| Asia Pacific | 0.96 | 20% | +3% |
| Other geographical region | 0.16 | 3% | −4% |
| Cost of revenue | −3.83 | 79% | |
| Gross profit | 1.01 | 21% margin | +0pp |
| R&D | −0.16 | 3% | +0pp |
| SG&A | −0.75 | 16% | +0pp |
| Operating profit | 0.10 | 2% margin | −13pp |
| Interest & other costs | −0.08 | ||
| Tax benefit | 0.03 | ||
| Net profit | 0.05 | 1% margin | +0pp |
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