Carrier Global Q1 FY26: 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
- Jan 1 – Mar 31, 2026
- Reported
- Apr 30, 2026
Revenue$5.34B
+2% year over year
Gross profit$1.42B
27% margin
Operating profit$0.26B
5% margin
Net profit$0.24B
4% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.34 | 100% | +2% |
| United States | 2.66 | 50% | |
| Europe | 1.55 | 29% | |
| Asia Pacific | 0.99 | 18% | |
| Other revenue | 0.15 | 3% | |
| Cost of revenue | −3.93 | 73% | |
| Gross profit | 1.42 | 27% margin | −4pp |
| R&D | −0.14 | 3% | +0pp |
| SG&A | −0.86 | 16% | +2pp |
| Other | −0.15 | 3% | +0pp |
| Operating profit | 0.26 | 5% margin | −7pp |
| Interest & other costs | −0.12 | ||
| Tax benefit | 0.10 | ||
| Net profit | 0.24 | 4% margin | −3pp |
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