Carrier Global Corporation (CARR) Revenue by Segment

Carrier Global revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Carrier Global's largest business segment was Climate Solutions Americas, with $3.37 billion or 53% of revenue, up 3.7% from a year earlier. Next: Climate Solutions Europe (21%), Climate Solutions CSAME (14%) and Climate Solutions Transportation (12%).

By product or service, Product brought in 89% and Service brought in 11% of revenue in Q2 fiscal 2026.

By region, United States brought in 56%, Europe brought in 25% and Asia Pacific brought in 16% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Climate Solutions Europe (+5.7%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2019.

Carrier Global Corporation

CARRManufacturing and Production

United States

Manufacturing and Production

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

HVACClimate Solutions AmericasFire and SecurityRefrigerationClimate Solutions EuropeClimate Solutions CSAMEClimate Solutions TransportationIntersegment eliminations

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Climate Solutions Americas	USD 3.37B	53.1%	+3.7%
Climate Solutions Europe	USD 1.32B	20.8%	+5.7%
Climate Solutions CSAME	USD 917.00M	14.4%	+4.0%
Climate Solutions Transportation	USD 738.00M	11.6%	+1.7%

Sum of items USD 6.35B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19
HVAC	–	–	–	–	–	–	4.5B	–	–	–	–	4.0B	4.2B	3.6B	–	3.7B	3.4B	3.0B	2.7B	3.1B	3.1B	2.5B	2.3B	2.9B	2.3B	2.0B	2.2B	2.6B	2.7B	2.2B
Climate Solutions Americas	3.4B	2.5B	–	2.7B	3.3B	2.6B	–	3.0B	2.9B	2.4B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Fire and Security	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	905.0M	887.0M	818.0M	1.4B	1.4B	1.4B	1.3B	1.4B	1.3B	1.1B	1.2B	1.4B	1.4B	1.4B	1.3B
Refrigeration	–	–	–	–	–	–	680.0M	–	–	–	–	924.0M	972.0M	898.0M	–	923.0M	1.0B	976.0M	1.1B	1.0B	1.0B	1.0B	949.0M	876.0M	700.0M	808.0M	953.0M	922.0M	955.0M	962.0M
Climate Solutions Europe	1.3B	1.3B	–	1.3B	1.3B	1.2B	–	1.2B	1.2B	1.3B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Climate Solutions CSAME	917.0M	834.0M	–	833.0M	882.0M	826.0M	–	840.0M	902.0M	884.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Climate Solutions Transportation	738.0M	713.0M	–	745.0M	726.0M	651.0M	–	937.0M	973.0M	884.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Intersegment eliminations	–	–	–	–	–	–	–	–	–	–	–	3.0M	–	–	–	- 111.0M	- 105.0M	- 110.0M	- 118.0M	- 101.0M	- 104.0M	- 96.0M	- 89.0M	- 90.0M	- 76.0M	- 85.0M	- 81.0M	- 104.0M	- 114.0M	- 97.0M

Carrier Global revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Climate Solutions Americas	$3.4B	$2.5B	$2.7B	$3.3B	53%
Climate Solutions Europe	$1.3B	$1.3B	$1.3B	$1.3B	21%
Climate Solutions CSAME	$917.0M	$834.0M	$833.0M	$882.0M	14%
Climate Solutions Transportation	$738.0M	$713.0M	$745.0M	$726.0M	12%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Carrier Global revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Product	$5.6B	$4.7B	$4.9B	$5.5B	89%
Service	$717.0M	$674.0M	$673.0M	$636.0M	11%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Carrier Global revenue by region, last 4 quarters

Region	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
United States	$3.5B	$2.7B	$2.9B	$3.4B	56%
Europe	$1.6B	$1.5B	$1.6B	$1.5B	25%
Asia Pacific	$1.0B	$986.0M	$961.0M	$981.0M	16%
Other Geographical Region	$205.0M	$149.0M	$198.0M	$183.0M	3%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Carrier Global's business segments?

Climate Solutions Americas, Climate Solutions Europe, Climate Solutions CSAME and Climate Solutions Transportation (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Carrier Global?

Climate Solutions Americas: $3.37 billion, or 53% of revenue, in Q2 fiscal 2026.

What are Carrier Global's main products and services?

By revenue in Q2 fiscal 2026: Product (89%) and Service (11%).

Where does Carrier Global make its money?

By region in Q2 fiscal 2026: United States (56%), Europe (25%), Asia Pacific (16%) and Other Geographical Region (3%).

MoreCarrier Global stock overview Carrier Global financials Carrier Global executive team Carrier Global shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

HVACClimate Solutions AmericasFire and SecurityRefrigerationClimate Solutions EuropeClimate Solutions CSAMEClimate Solutions TransportationIntersegment eliminations

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Climate Solutions Americas	USD 3.37B	53.1%	+3.7%
Climate Solutions Europe	USD 1.32B	20.8%	+5.7%
Climate Solutions CSAME	USD 917.00M	14.4%	+4.0%
Climate Solutions Transportation	USD 738.00M	11.6%	+1.7%

Sum of items USD 6.35B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19
HVAC	–	–	–	–	–	–	4.5B	–	–	–	–	4.0B	4.2B	3.6B	–	3.7B	3.4B	3.0B	2.7B	3.1B	3.1B	2.5B	2.3B	2.9B	2.3B	2.0B	2.2B	2.6B	2.7B	2.2B
Climate Solutions Americas	3.4B	2.5B	–	2.7B	3.3B	2.6B	–	3.0B	2.9B	2.4B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Fire and Security	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	905.0M	887.0M	818.0M	1.4B	1.4B	1.4B	1.3B	1.4B	1.3B	1.1B	1.2B	1.4B	1.4B	1.4B	1.3B
Refrigeration	–	–	–	–	–	–	680.0M	–	–	–	–	924.0M	972.0M	898.0M	–	923.0M	1.0B	976.0M	1.1B	1.0B	1.0B	1.0B	949.0M	876.0M	700.0M	808.0M	953.0M	922.0M	955.0M	962.0M
Climate Solutions Europe	1.3B	1.3B	–	1.3B	1.3B	1.2B	–	1.2B	1.2B	1.3B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Climate Solutions CSAME	917.0M	834.0M	–	833.0M	882.0M	826.0M	–	840.0M	902.0M	884.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Climate Solutions Transportation	738.0M	713.0M	–	745.0M	726.0M	651.0M	–	937.0M	973.0M	884.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Intersegment eliminations	–	–	–	–	–	–	–	–	–	–	–	3.0M	–	–	–	- 111.0M	- 105.0M	- 110.0M	- 118.0M	- 101.0M	- 104.0M	- 96.0M	- 89.0M	- 90.0M	- 76.0M	- 85.0M	- 81.0M	- 104.0M	- 114.0M	- 97.0M