Filing Flows › Carrier Global (CARR) › Q2 2026
Carrier Global (CARR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 28, 2026
Carrier Global (CARR) reported revenue of $6.4B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +19% from the quarter before. Operating margin was 13.0%, net earnings $501M (7.9% of revenue).
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.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.4B | +19% | +4% |
| Operating profit | $825M | +219% | -9% |
| Net earnings | $501M | +111% | -15% |
| Operating cash flow | $927M | 12× | +43% |
| Free cash flow | $810M | — | +43% |
What changed
Revenue was $6.4B in Q2 2026, up 4% year over year and up 19% from the previous quarter. Product was the largest line at 89% of revenue. Product added $0.16B year over year (up 3%), 66% of the total change.
Operating profit was $0.82B, a 13.0% margin (down 1.8 points year over year). Operating profit fell $0.08B even though revenue rose $0.24B versus Q2 2025, so costs grew faster than sales. Total costs grew 6% against revenue growth of 4%. Net earnings were $0.50B, down 15% year over year. The effective tax rate was 25.0%.
Operating cash flow was $0.93B (up 43% year over year), 171% of net income including minority interests. Non-cash charges added back $0.31B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.12B left free cash flow of $0.81B.
Questions
What was Carrier Global's revenue in the second quarter 2026?
Carrier Global (CARR) reported revenue of $6.4B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +19% from the quarter before.
Was Carrier Global profitable in the second quarter 2026?
Operating profit was $825M (13.0% of revenue) and net earnings $501M.
Source: Carrier Global 10-Q on SEC EDGAR.