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Carrier Global Corporation Common StockStock · IndustrialsS&P 500 0.1%
$68.91−$0.24 (-0.35%)as of market close, Jul 24, 2026
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How Carrier Global Corporation Common Stock makes money

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How does Carrier Global Corporation Common Stock make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Carrier Global Corporation Common Stock · FY2025 · year ended 2025-12-31
Revenue$21.7BGross profit$21.7B · 100%Cost of revenue$0 · 0%Operating income$2.2B · 10%Operating expenses$19.6B · 90%R&D$625M · 3%SG&A$3.1B · 14%Other opex$15.9B · 73%Pre-tax income$1.7B · 8%Other expense$448M · 2%Net income$1.5B · 7%Income tax$240M · 1%Product$19.2B · 88%Service$2.6B · 12%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.