What changed in Carrier Global Corporation's latest annual report
In the year ended 31 Dec 2025, Carrier Global Corporation's revenue fell 3.3% to USD 21.75bn, from USD 22.49bn; net income fell 73.5% to USD 1.48bn, from USD 5.60bn; cash and cash equivalents fell 60.8% to USD 1.55bn, from USD 3.97bn.
Year ended 31 Dec 2025. Source: 10-K filed 5 Feb 2026, read it on SEC EDGAR.
USD 22.49bn to USD 21.75bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 22.49bn | 21.75bn | Down 3.3% |
| Net income | 5.60bn | 1.48bn | Down 73.5% |
| Total assets | 37.40bn | 37.19bn | Down 0.6% |
| Total liabilities | 23.01bn | 23.06bn | Up 0.2% |
| Long-term debt | 11.03bn | 11.37bn | Up 3.1% |
| Cash and cash equivalents | 3.97bn | 1.55bn | Down 60.8% |
Questions people ask
Did Carrier Global Corporation's revenue grow last year?
Revenue fell 3.3%, from USD 22.49bn to USD 21.75bn in the year ended 31 Dec 2025.
Is Carrier Global Corporation profitable?
Yes. Net income was USD 1.48bn in the year ended 31 Dec 2025. The year before: USD 5.60bn.
How much cash and debt does Carrier Global Corporation have?
At its latest year end (31 Dec 2025), Carrier Global Corporation reported cash and cash equivalents of USD 1.55bn and long-term debt of USD 11.37bn.
Where do these numbers come from?
From Carrier Global Corporation's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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