Carrier Global Corp. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Carrier Global Corp. reported net income of $1.48B on revenue of $21.75B. Operating cash flow was $2.51B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.91B | $18.61B | $17.46B | $20.61B | $17.29B | $18.95B | $22.49B | $21.75B |
| Operating income | $3.64B | $2.49B | $3.08B | $2.65B | $3.98B | $2.16B | $2.65B | $2.17B |
| Net income | $2.77B | $2.15B | $2.01B | $1.70B | $3.53B | $1.35B | $5.60B | $1.48B |
| Diluted EPS | $3.16 | $2.44 | $2.25 | $1.87 | $4.10 | $1.58 | $6.15 | $1.72 |
| Operating cash flow | $2.06B | $2.06B | $1.69B | $2.24B | $1.74B | $2.61B | $563.00M | $2.51B |
| Reported in | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 10.0% | 6.8% |
| Dec 2024 | — | 11.8% | 24.9% |
| Dec 2023 | — | 11.4% | 7.1% |
| Dec 2022 | — | 23.0% | 20.4% |
| Dec 2021 | — | 12.8% | 8.3% |
Source: SEC EDGAR XBRL company facts for CIK 1783180 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.