CARRIER GLOBAL Corp
For the period ended Dec 31, 2025. Filed Feb 5, 2026.
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FY2025 · Filed Feb 5, 2026
CARR$53.33+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Operations
| For the Year Ended December 31, | |||
|---|---|---|---|
| (In millions, except per share amounts) | 2025 | 2024 | 2023 |
| Net sales | |||
| Product sales | $19,173 | $19,990 | $16,665 |
| Service sales | 2,574 | 2,496 | 2,286 |
| Total Net sales | 21,747 | 22,486 | 18,951 |
| Costs and expenses | |||
| Cost of products sold | (14,232) | (14,580) | (12,002) |
| Cost of services sold | (1,891) | (1,925) | (1,787) |
| Research and development | (625) | (686) | (493) |
| Selling, general and administrative | (3,092) | (3,197) | (2,607) |
| Total Costs and expenses | (19,840) | (20,388) | (16,889) |
| Equity method investment net earnings | 229 | 231 | 211 |
| Other income (expense), net | 36 | 317 | (113) |
| Operating profit | 2,172 | 2,646 | 2,160 |
| Non-service pension benefit (expense) | (10) | (1) | (1) |
| Interest (expense) income, net | (364) | (371) | (160) |
| Earnings before income taxes | 1,798 | 2,274 | 1,999 |
| Income tax (expense) benefit | (240) | (1,062) | (521) |
| Earnings from continuing operations | 1,558 | 1,212 | 1,478 |
| Discontinued operations, net of tax | 29 | 4,496 | (38) |
| Net earnings (loss) | 1,587 | 5,708 | 1,440 |
| Less: Non-controlling interest in subsidiaries' | 103 | 104 | 91 |
| Net earnings (loss) attributable to common shareowners | $1,484 | $5,604 | $1,349 |
| Amounts attributable to common shareowners: | |||
| Continuing operations | $1,455 | $1,108 | $1,387 |
| Discontinued operations | 29 | 4,496 | (38) |
| Net earnings (loss) attributable to common shareowners | $1,484 | $5,604 | $1,349 |
| Earnings per share | |||
| Basic: | |||
| Continuing operations | $1.71 | $1.23 | $1.66 |
| Discontinued operations | 0.03 | 5.01 | (0.05) |
| Net earnings (loss) | $1.74 | $6.24 | $1.61 |
| Diluted: | |||
| Continuing operations | $1.69 | $1.22 | $1.63 |
| Discontinued operations | 0.03 | 4.93 | (0.05) |
| Net earnings (loss) | $1.72 | $6.15 | $1.58 |
| Weighted-average number of shares outstanding | |||
| Basic | 852.4 | 898.2 | 837.3 |
| Diluted | 862.4 | 911.7 | 853.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.