CARR Q3 2025 Earnings — Carrier Global Corporation Revenue & Financial Results | Market Cap Arena

CARRCarrier Global Corporation

$49B

Q3 2025 Earnings

Industrials Construction

Income Statement

Revenue

$5.6B-6.8% YoY

Gross Profit

$1.4B26.0% margin

Operating Income

$539M9.7% margin

Net Income

$428M7.7% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

-8.7%

Cash Flow

Operating Cash Flow

$341M

Free Cash Flow

$224M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$38.1B

Total Liabilities

$23.2B

Stockholders' Equity

$14.5B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.6B	$6.0B	-6.8%
Gross Profit	$1.4B	$1.7B	-14.4%
Operating Income	$539M	$763M	-29.4%
Net Income	$428M	$447M	-4.3%

Revenue Segments

Product

$4.9B88%

Service

$673M12%

Geographic Segments

UNITED STATES

$2.9B51%

Europe

$1.6B28%

Asia Pacific

$961M17%

Other Geographical Region

$198M4%