Carrier Global Research and Development Expenses 2018-2026 | CARR

Carrier Global annual/quarterly research and development expenses history and growth rate from 2018 to 2026. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Carrier Global research and development expenses for the quarter ending March 31, 2026 were $143M, a 6.54% decline year-over-year.
  • Carrier Global research and development expenses for the twelve months ending March 31, 2026 were $615M, a 4.95% decline year-over-year.
  • Carrier Global annual research and development expenses for 2025 were $0.625B, a 8.89% decline from 2024.
  • Carrier Global annual research and development expenses for 2024 were $0.686B, a 39.15% increase from 2023.
  • Carrier Global annual research and development expenses for 2023 were $0.493B, a 18.51% increase from 2022.
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Carrier Global Annual Research and Development Expenses
(Millions of US $)
2025 $625
2024 $686
2023 $493
2022 $416
2021 $503
2020 $419
2019 $401
2018 $400
2017 $364
Carrier Global Quarterly Research and Development Expenses
(Millions of US $)
2026-03-31 $143
2025-12-31 $160
2025-09-30 $151
2025-06-30 $161
2025-03-31 $153
2024-12-31 $162
2024-09-30 $172
2024-06-30 $160
2024-03-31 $192
2023-12-31 $77
2023-09-30 $126
2023-06-30 $151
2023-03-31 $139
2022-12-31 $26
2022-09-30 $143
2022-06-30 $122
2022-03-31 $125
2021-12-31 $134
2021-09-30 $123
2021-06-30 $125
2021-03-31 $121
2020-12-31 $127
2020-09-30 $100
2020-06-30 $94
2020-03-31 $98
2019-12-31 $99
2019-09-30 $102
2019-06-30 $103
2019-03-31 $97
2018-12-31
2017-12-31
Sector Industry Market Cap Revenue
Construction Building Products - Air Conditioning & Heating $52.916B $21.747B
Carrier Global is a provider of advanced heating, ventilation, refrigeration, air conditioning, fire, security and building automation technologies world wide. It has 3 business segments: Heating, Ventilating & Air Conditioning (HVAC); Refrigeration; and Fire & Security. HVAC provides heating and cooling systems for residential & commercial applications, building automation systems, controls, air handling systems, aftermarket services, and repair and energy solutions. Refrigeration offers commercial refrigeration products and digital solutions for trucks, shipping containers, trailers, intermodal and rail. Fire & Security offers residential, commercial and industrial technologies & systems, and advanced fire service security solutions. The business includes brands like Carrier Commercial Refrigeration, Carrier Transicold, BrokerBay, Kidde, Marioff, Autronica, Edwards, GST, Carrier, Riello, Tempstar, Automated Logic, Carlyle, Bryant, etc.
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