Carrier Global annual r&d spending
2018
2019
2020
2021
2022
2023
2024
2025
Carrier Global R&D Spending Growth & History (CARR)
Carrier Global's r&d spending was $625.0M for fiscal 2025.
View full Carrier Global company overviewCarrier Global annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $625.0M | −$61.0M | −8.89% |
| 2024 | 2024-12-31 | $686.0M | $193.0M | +39.15% |
| 2023 | 2023-12-31 | $493.0M | $77.0M | +18.51% |
| 2022 | 2022-12-31 | $416.0M | −$87.0M | −17.30% |
| 2021 | 2021-12-31 | $503.0M | $84.0M | +20.05% |
| 2020 | 2020-12-31 | $419.0M | $18.0M | +4.49% |
| 2019 | 2019-12-31 | $401.0M | $1.0M | +0.25% |
| 2018 | 2018-12-31 | $400.0M | — | — |
Carrier Global quarterly r&d spending
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $148.0M | −$13.0M | −8.07% |
| Q1 2026 | 2026-03-31 | $143.0M | −$10.0M | −6.54% |
| Q4 2025 | 2025-12-31 | $160.0M | −$2.0M | −1.23% |
| Q3 2025 | 2025-09-30 | $151.0M | −$21.0M | −12.21% |
| Q2 2025 | 2025-06-30 | $161.0M | $1.0M | +0.63% |
| Q1 2025 | 2025-03-31 | $153.0M | −$39.0M | −20.31% |
| Q4 2024 | 2024-12-31 | $162.0M | — | — |
| Q3 2024 | 2024-09-30 | $172.0M | $46.0M | +36.51% |
| Q2 2024 | 2024-06-30 | $160.0M | $9.0M | +5.96% |
| Q1 2024 | 2024-03-31 | $192.0M | $53.0M | +38.13% |
| Q3 2023 | 2023-09-30 | $126.0M | −$17.0M | −11.89% |
| Q2 2023 | 2023-06-30 | $151.0M | $29.0M | +23.77% |
| Q1 2023 | 2023-03-31 | $139.0M | $14.0M | +11.20% |
| Q3 2022 | 2022-09-30 | $143.0M | $20.0M | +16.26% |
| Q2 2022 | 2022-06-30 | $122.0M | −$3.0M | −2.40% |
| Q1 2022 | 2022-03-31 | $125.0M | $4.0M | +3.31% |
| Q4 2021 | 2021-12-31 | $134.0M | $7.0M | +5.51% |
| Q3 2021 | 2021-09-30 | $123.0M | $23.0M | +23.00% |
| Q2 2021 | 2021-06-30 | $125.0M | $31.0M | +32.98% |
| Q1 2021 | 2021-03-31 | $121.0M | $23.0M | +23.47% |
| Q4 2020 | 2020-12-31 | $127.0M | $28.0M | +28.28% |
| Q3 2020 | 2020-09-30 | $100.0M | −$2.0M | −1.96% |
| Q2 2020 | 2020-06-30 | $94.0M | −$9.0M | −8.74% |
| Q1 2020 | 2020-03-31 | $98.0M | $1.0M | +1.03% |
| Q4 2019 | 2019-12-31 | $99.0M | — | — |
| Q3 2019 | 2019-09-30 | $102.0M | — | — |
| Q2 2019 | 2019-06-30 | $103.0M | — | — |
| Q1 2019 | 2019-03-31 | $97.0M | — | — |
Carrier Global r&d spending trends
Over the last five fiscal years, Carrier Global's r&d spending increased from $419.0M to $625.0M, a change of $206.0M. The latest reported quarter, Q2 2026, shows $148.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Carrier Global source filings ↗