Carrier Global (CARR) Revenue & Revenue Breakdown


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Carrier Global Revenue Highlights


Latest Revenue (Y)

$21.75B

Latest Revenue (Q)

$5.58B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Carrier Global Revenue by Period


Carrier Global Revenue by Year

DateRevenueChange
2025-12-31$21.75B-3.29%
2024-12-31$22.49B18.65%
2023-12-31$18.95B9.62%
2022-12-31$17.29B-16.13%
2021-12-31$20.61B18.09%
2020-12-31$17.46B-6.19%
2019-12-31$18.61B-1.62%
2018-12-31$18.91B6.17%
2017-12-31$17.81B-

Carrier Global generated $21.75B in revenue during NA 2025, up -3.29% compared to the previous quarter, and up 124.58% compared to the same period a year ago.

Carrier Global Revenue by Quarter

DateRevenueChange
2025-09-30$5.58B-8.74%
2025-06-30$6.11B17.15%
2025-03-31$5.22B1.36%
2024-12-31$5.15B-13.97%
2024-09-30$5.98B0.84%
2024-06-30$5.93B9.48%
2024-03-31$5.42B6.23%
2023-12-31$5.10B3.38%
2023-09-30$4.93B-17.64%
2023-06-30$5.99B13.64%
2023-03-31$5.27B3.29%
2022-12-31$5.11B-6.35%
2022-09-30$5.45B4.61%
2022-06-30$5.21B11.97%
2022-03-31$4.65B-9.33%
2021-12-31$5.13B-3.89%
2021-09-30$5.34B-1.82%
2021-06-30$5.44B15.77%
2021-03-31$4.70B2.29%
2020-12-31$4.59B-8.16%
2020-09-30$5.00B25.93%
2020-06-30$3.97B2.16%
2020-03-31$3.89B-13.62%
2019-12-31$4.50B-6.66%
2019-09-30$4.82B-2.82%
2019-06-30$4.96B14.78%
2019-03-31$4.32B-

Carrier Global generated $5.58B in revenue during Q3 2025, up -8.74% compared to the previous quarter, and up 94.02% compared to the same period a year ago.

Carrier Global Revenue Breakdown


Carrier Global Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Product$19.17B$19.99B$19.56B$18.25B$17.21B
Service$2.57B$2.50B$2.54B$2.17B$3.40B

Carrier Global's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product (88.16%), and Service (11.84%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Service$699.00M$673.00M$636.00M$566.00M$1.13B$677.00M$685.00M$661.00M$650.00M$637.00M$587.00M$578.00M$560.00M$549.00M$484.00M$877.00M$831.00M$856.00M$835.00M$862.00M
Product$4.14B$4.91B$5.48B$4.65B$8.68B$5.31B$6.00B$9.80B$5.08B$4.69B$4.53B$4.89B$4.66B$4.17B$4.26B$4.51B$4.58B$3.86B$3.73B-

Carrier Global's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Product (85.55%), and Service (14.45%).

Carrier Global Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 21
Other Geographical Region$678.00M$688.00M$812.00M$776.00M$881.00M
UNITED STATES$11.14B$11.29B$12.21B$11.80B$10.49B
Europe$6.09B$6.69B$4.73B$4.36B$5.78B
Asia Pacific$3.84B$3.82B$4.35B$3.49B$3.46B

Carrier Global's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (51.21%), Europe (28.01%), Asia Pacific (17.66%), and Other Geographical Region (3.12%).

Quarterly Revenue by Country

CountryDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
UNITED STATES$2.11B$2.86B$3.43B$2.74B$4.66B$3.15B$3.48B$2.62B$3.33B$3.39B$2.86B$2.69B$3.15B$3.17B$2.78B$2.46B$2.83B$2.85B$2.35B$2.12B
Europe$1.61B$1.56B$1.52B$1.40B$3.08B$1.72B$1.89B$1.20B$1.12B$1.21B$1.20B$1.17B$1.02B$1.12B$1.04B$1.50B$1.42B$1.46B$1.40B$1.48B
Asia Pacific$958.00M$961.00M$981.00M$941.00M$1.79B$923.00M$1.10B$1.06B$1.06B$1.19B$1.03B$1.05B$1.07B$713.00M$652.00M$946.00M$869.00M$907.00M$742.00M$776.00M
Other Geographical Region$159.00M$198.00M$183.00M$138.00M$285.00M$184.00M$219.00M$213.00M$211.00M$204.00M$184.00M$193.00M$202.00M$208.00M$173.00M$225.00M$224.00M$226.00M$206.00M$216.00M

Carrier Global's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (43.60%), Europe (33.31%), Asia Pacific (19.81%), and Other Geographical Region (3.29%).

Carrier Global Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FERGFerguson$30.76B$8.17B
PCARPACCAR$28.44B$5.03B
JCIJohnson Controls$23.60B$5.80B
LHXL3Harris$21.86B$5.66B
CARRCarrier Global$21.75B$5.58B
GWWW.W. Grainger$17.94B$4.66B
FERFerrovial SE$9.40B$1.88B
FIXComfort Systems USA$9.10B$2.45B
FASTFastenal$8.20B$2.13B
ROPRoper$7.90B$2.02B
AMEAMETEK$7.40B$1.89B

CARR Revenue FAQ


What is Carrier Global’s yearly revenue?

Carrier Global's yearly revenue for 2025 was $21.75B, representing a decrease of -3.29% compared to 2024. The company's yearly revenue for 2024 was $22.49B, representing an increase of 18.65% compared to 2023. CARR's yearly revenue for 2023 was $18.95B, representing an increase of 9.62% compared to 2022.

What is Carrier Global’s quarterly revenue?

Carrier Global's quarterly revenue for Q3 2025 was $5.58B, a -8.74% decrease from the previous quarter (Q2 2025), and a -6.77% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $6.11B, a 17.15% increase from the previous quarter (Q1 2025), and a 3.02% increase year-over-year (Q2 2024). CARR's quarterly revenue for Q1 2025 was $5.22B, a 1.36% increase from the previous quarter (Q4 2024), and a -3.73% decrease year-over-year (Q1 2024).

What is Carrier Global’s revenue growth rate?

Carrier Global's revenue growth rate for the last 3 years (2023-2025) was 14.75%, and for the last 5 years (2021-2025) was 5.50%.

What are Carrier Global’s revenue streams?

Carrier Global's revenue streams in c 25 are Product, and Service. Product generated $19.17B in revenue, accounting 88.16% of the company's total revenue, down -4.09% year-over-year. Service generated $2.57B in revenue, accounting 11.84% of the company's total revenue, up 3.12% year-over-year.

What is Carrier Global’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Carrier Global was Product. This segment made a revenue of $19.17B, representing 88.16% of the company's total revenue.