CARRIER GLOBAL Corp (CARR) Form 8-K — Oct 29, 2026
Carrier Global reported Q3 2026 results on October 29, 2026, with net sales of $6.3 billion, up 12% (organic +15%), and adjusted EPS of $0.87, up 30% year-over-year. However, GAAP results showed a loss of ($3.16) per share due to a $3.1 billion non-cash goodwill impairment of the Climate Solutions Europe reporting unit. Demand metrics were exceptionally strong: total company orders rose ~35%, data center orders surged ~300%, and backlog hit a record of more than $8.5 billion, up 60% versus last year, now supplemented by minimum volume commitments under newly signed long-term agreements. Free cash flow was $674 million in the quarter and Carrier returned ~$600 million to shareowners.
Key figures
- Revenue
- 6263000000
- Guidance
- FY2026 sales of nearly $24 billion with ~10% organic growth; adjusted EPS $2.85-$2.90; adjusted operating profit ~$3.5B; free cash flow ~$2B; ~$2.3B returned to shareowners
- Revenue Yoy
- 12%
- Total Assets
- 33594000000
- Cash Position
- 1354000000
- Backlog
- >$8.5 billion, up 60% YoY
- Adjusted eps
- $0.87 (+30% YoY)
- Orders growth
- ~35%
- Free cash flow
- $674 million in Q3
- Goodwill impairment
- $3.1 billion (Climate Solutions Europe reporting unit)
- Ieepa refund benefit
- ~$130 million operating profit benefit
- Organic sales growth
- 15%
- Shareholder returns q3
- ~$600 million
- Adjusted operating profit
- $1,091 million (+33%)
- Data center orders growth
- ~300%
AI analysis
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