FINHUB Insights

CARR · Q1 FY26 · Jan 1 – Mar 31, 2026

Carrier Global Q1 FY26: where the revenue came from and where it went

Carrier Global Q1 FY26: revenue $5.3B (+2% year over year). Net profit $0.2B. Largest cohort United States $3.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Jul 28, 2026 10-Q
Sankey diagram of Carrier Global's income statement for Q1 FY26: revenue of $5.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$5.3B +2% year over year
Gross profit$1.4B 27% margin
Operating profit$0.3B 5% margin
Net profit$0.2B 4% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 5.3 100% +2%
United States 3.5 66%
Europe 1.6 30%
Other 0.2 4%
Cost of revenue−3.974%
Gross profit1.427% margin−4pp
Research & development−0.13%+0pp
SG&A−0.916%+2pp
Other−0.23%+0pp
Operating profit0.35% margin−7pp
Interest & other costs−0.2
Net profit0.24%−3pp
Filing on EDGAR More quarters of CARR

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

Older quarters