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Carrier Global (CARR) operating margin by quarter

Carrier Global's operating margin was 13.0% in Q2 2026 (second quarter 2026), +8.1 pts from Q1 2026. Over the last 6 quarters it ranged from 2.1% (Q4 2025) to 14.8% (Q2 2025).

Carrier Global operating margin by quarterCarrier Global operating margin by quarter12.1%Q1 202514.8%Q2 20259.7%Q3 20252.1%Q4 20254.8%Q1 202613.0%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202613.0%+8.1 pts-1.8 pts
Q1 20264.8%+2.8 pts-7.2 pts
Q4 20252.1%-7.6 pts—
Q3 20259.7%-5.1 pts—
Q2 202514.8%+2.7 pts—
Q1 202512.1%——

Q2 2026 at a glance

Carrier Global, Q2 2026: revenue $6.4B (+4% year over year), operating margin 13.0%, net earnings $501M, operating cash flow $927M. The chart follows the revenue to costs, profit and cash.

Questions

What is Carrier Global's operating margin?

Carrier Global's operating margin was 13.0% in Q2 2026 (second quarter 2026), +8.1 pts from Q1 2026.

How has Carrier Global's operating margin changed?

Over the last 6 quarters it ranged from 2.1% (Q4 2025) to 14.8% (Q2 2025).

Q2 2026 results → · How Carrier Global makes money →