Earnings Releases·Oct 29, 2026, 7:26 AM ET

Carrier Global Corporation — Third Quarter 2026 Earnings Summary

Total company net sales rose 12% year-over-year to $6.3 billion (organic sales +15%), while adjusted operating profit increased 33% to $1.1 billion and adjusted diluted EPS grew 30% to $0.87; GAAP results included a $3.1 billion goodwill impairment charge.
Full-year 2026 sales guidance was raised to $23.8–$24.0 billion (previously ~$23 billion) with organic growth expected at ~10%, and adjusted EPS guidance increased to $2.85–$2.90 (previously ~$2.90), while adjusted operating profit and free cash flow guidance remained unchanged.
Order growth was robust at ~35% year-over-year, driven by a ~300% surge in data center orders, resulting in a record backlog exceeding $8.5 billion, up 60% versus the prior year.
Management expects to return approximately $2.3 billion to shareowners through dividends and repurchases in 2026, following $600 million returned in the quarter, alongside completed divestitures of Riello and NORESCO.