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Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip SIC 3585
6 companies filing with the SEC under SIC 3585. Median revenue growth +10% year on year in Q3 2026 (middle half +4% to +11%, 4 companies). The growth model expects the industry's combined revenue to grow +7% in Q3 2026.
Money flow: where the industry's revenue goes
Drawn in the browser: an estimate of where the industry's revenue goes — what it buys from other industries, the pay that reaches households, taxes and profit — beside its filed cash flow, two tiers of suppliers and its capital spending by kind of asset.
Open the industry: growth distribution, money flow, network →
Growth model
Industry revenue, the same companies year on year; 80% ranges. Fitted on SEC filings and tested out of sample (how).
| Quarter | Growth Y/Y | Revenue | 80% range |
|---|---|---|---|
| Q3 2026 | +6.8% | $14.8B | $11.2B – $18.4B |
| Q4 2026 | +5.5% | $12.9B | $9.4B – $16.5B |
| Q1 2027 | +4.3% | $13.7B | $9.8B – $17.6B |
| Q2 2027 | +3.2% | $15.6B | $11.1B – $20.2B |
Capital spending and supply chain →
Companies
| Company | Quarterly revenue | Y/Y | Stage |
|---|---|---|---|
| JCI Johnson Controls International | $7.1B | +10% | transition |
| CARR Carrier Global | $6.3B | +12% | reacceleration |
| LII Lennox International | $1.6B | +10% | transition |
| AAON Aaon | $627M | — | expansion |
| TGEN Tecogen | $5.7M | — | contraction |
| EVOH EvoAir Holdings | $107K | -14% | contraction |
Growth from positive, comparable quarterly revenue as filed; industries are SEC Standard Industrial Classification codes. Data Nov 8, 2026.