Carrier said net sales for Q3 2026 rose 12% to $6,263 million, and adjusted operating profit increased 33% to $1,091 million. The company said adjusted operating margin rose 260 basis points to 17.4%.

1. 01

   Carrier said net sales for Q3 2026 rose 12% to $6,263 million, and adjusted operating profit increased 33% to $1,091 million. The company said adjusted operating margin rose 260 basis points to 17.4%.

2. 02

   The company reported a GAAP operating loss of ($2,273) million and a continuing operations loss per share of ($3.16) for Q3 2026. It said it recorded a non-cash goodwill impairment charge of $3.1 billion related to its Climate Solutions Europe reporting unit.

3. 03

   Carrier said net cash flows from operating activities were $813 million and capital expenditures were $139 million, resulting in free cash flow of $674 million for Q3 2026. Free cash flow for the same quarter of the prior year was $224 million, the company said.

4. 04

   The company set its full-year 2026 sales outlook at $23.8 to $24.0 billion (prior outlook of ~$23 billion) and its adjusted EPS outlook at $2.85 to $2.90 (prior outlook of ~$2.90). It said its adjusted operating profit outlook of ~$3.5 billion and free cash flow outlook of ~$2 billion were unchanged from the prior outlook.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.