Carrier Global Exceeds Earnings and Revenue Estimates, Raises Fiscal Year Outlook
Carrier Global (CARR) reported second-quarter results that exceeded both revenue and earnings expectations. The company posted non-GAAP EPS of $0.86 per share, surpassing estimates by $0.04, while revenue reached $6.35 billion—$320 million above forecasts—and grew 3.9% year-over-year. Strong performance was driven across multiple segments, including a nearly 40% increase in total company orders and over 65% growth in Commercial HVAC demand. The firm also noted significant gains in data center-related business with more than 300% order increases. Despite these successes, the adjusted operating margin declined to 17.2%. In response to its strong performance, Carrier Global raised its full-year fiscal outlook for FY26.
Tickers: $CARR
Topics: Earnings Orders Growth Revenue Beat