Filing Flows › Carrier Global (CARR) › Guidance history
Carrier Global (CARR) guidance history: what it guided and what it reported
Carrier Global gave guidance in 12 earnings releases on file since Feb 6, 2024. Of 2 guided periods since reported, it met or beat its own guidance 0 times (0%). Revenue: 0 of 2, on average -7.3% against the guided midpoint. Its releases raised guidance 4 times and lowered it 0 times.
Revenue
Met or beat 0 of 2 periods (0 above, 0 within, 2 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $22.0B (Feb 5, 2026) → reaffirmed $22.0B (Apr 30, 2026) → raised $23.0B (Jul 28, 2026) | — | to be reported | — |
| FY2025 | $22.5B–$23.0B (Feb 11, 2025) → raised $23.0B (May 1, 2025) → reaffirmed $23.0B (Jul 29, 2025) → lowered $22.0B (Oct 28, 2025) | $21.7B | below the range | -1.1% |
| FY2024 | $26.0B (Apr 25, 2024) | $22.5B | below the range | -13.5% |
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 16.5%–17.0% (Feb 11, 2025) → reaffirmed 16.5%–17.0% (May 1, 2025) → reaffirmed 16.5%–17.0% (Jul 29, 2025) → lowered 15.0%–15.5% (Oct 28, 2025) | — | — | — |
| FY2024 | 15.0%–15.5% (Feb 6, 2024) → raised 15.5% (Apr 25, 2024) | — | — | — |
Operating income
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $3.4B (Apr 30, 2026) → raised $3.5B (Jul 28, 2026) | — | to be reported | — |
Adjusted operating income
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $3.4B (Feb 5, 2026) | — | to be reported | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $2.0B (Feb 5, 2026) → reaffirmed $2.0B (Apr 30, 2026) → reaffirmed $2.0B (Jul 28, 2026) | — | to be reported | — |
| FY2025 | $2.4B–$2.6B (Feb 11, 2025) → reaffirmed $2.4B–$2.6B (May 1, 2025) → lowered $2.0B (Oct 28, 2025) | $2.1B (GAAP) | not judged | — |
| FY2024 | $700M (Feb 6, 2024) → lowered $400M (Apr 25, 2024) | $44.0M (GAAP) | not judged | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $2.80 (Feb 5, 2026) → reaffirmed $2.80 (Apr 30, 2026) → raised $2.90 (Jul 28, 2026) | — | to be reported | — |
| FY2025 | $2.95–$3.05 (Feb 11, 2025) → raised $3.00–$3.10 (May 1, 2025) → reaffirmed $3.00–$3.10 (Jul 29, 2025) → lowered $2.65 (Oct 28, 2025) | — | — | — |
| FY2024 | $2.80–$2.90 (Feb 6, 2024) → lowered $0.05 (Apr 25, 2024) | — | — | — |
The latest quarter
Carrier Global, Q3 2026: revenue $6.3B (+12% year over year), operating margin -36.3%, net loss $2.5B, operating cash flow $813M. The chart follows the revenue to costs, profit and cash.
Questions
Does Carrier Global beat its guidance?
Carrier Global gave guidance in 12 earnings releases on file since Feb 6, 2024. Of 2 guided periods since reported, it met or beat its own guidance 0 times (0%). Revenue: 0 of 2, on average -7.3% against the guided midpoint.
How often does Carrier Global raise guidance?
Its earnings releases raised guidance 4 times and lowered it 0 times since Feb 6, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.