CARRIER GLOBAL Corp revenue by segment CARR

CARRIER GLOBAL Corp splits its revenue into 2 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Product at $19.2 billion, 88% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
Revenue
22,792
21,747
22,486
18,951
17,288
20,613
17,456
Product
20,024
+2.3%
share 87.9%
19,173
-4.1%
share 88.2%
19,990
+20.0%
share 88.9%
16,665
-8.7%
share 87.9%
18,250
+6.0%
share 105.6%
17,214
+20.0%
share 83.5%
14,347
share 82.2%
Services
2,768
+11.0%
share 12.1%
2,574
+3.1%
share 11.8%
2,496
+9.2%
share 11.1%
2,286
+5.3%
share 12.1%
2,171
-36.1%
share 12.6%
3,399
+9.3%
share 16.5%
3,109
share 17.8%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (SIC 3585)
Listed as
CARR (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Palm Beach Gardens, FL
SEC filer status
Large accelerated filer
SEC CIK
1783180

Other Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.