Carrier Global Corporation — Third Quarter 2026 Earnings Summary

Carrier Global Corporation reported third-quarter 2026 net sales of $6.26 billion, representing a 12% increase year-over-year, with organic sales growing by 15%. The company recorded a GAAP net loss of $2.59 billion due to a $3.1 billion goodwill impairment charge, while adjusted earnings per share rose to $0.87. Total company orders surged approximately 35%, driven by a 300% increase in data center orders, resulting in a record backlog exceeding $8.5 billion. Free cash flow for the quarter reached $674 million, and the company returned approximately $600 million to shareholders through dividends and share repurchases.