CARR Q1 2025 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q1 2025 Earnings

Industrials Construction

Income Statement

Revenue

$5.2B-3.7% YoY

Gross Profit

$1.4B27.7% margin

Operating Income

$629M12.1% margin

Net Income

$412M7.9% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$483M

Free Cash Flow

$420M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$36.4B

Total Liabilities

$22.2B

Stockholders' Equity

$13.9B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.2B	$5.4B	-3.7%
Gross Profit	$1.4B	$1.5B	-3.8%
Operating Income	$629M	$385M	+63.4%
Net Income	$412M	$269M	+53.2%

Revenue Segments

Product

$4.7B89%

Service

$566M11%

Geographic Segments

UNITED STATES

$2.7B52%

Europe

$1.4B27%

Asia Pacific

$941M18%

Other Geographical Region

$138M3%