CARR at a glance
Carrier Global (CARR, SEC CIK 1783180) filed its latest 10-K annual report on February 5, 2026, a 10-Q quarterly report on July 28, 2026, an 8-K current report on July 28, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Carrier Global (CARR) reported revenue of $21.7 billion (down 3.3% from FY2024) and net income of $1.5 billion. Diluted EPS was $1.72.
- As of June 30, 2026, 52 institutional investment managers tracked by SignalX reported holding Carrier Global (CARR) shares worth $23.2 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Viessmann Maximilian on May 20, 2026 of 12,094,823 shares at $62.01 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $21.7B
- −3.3% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 52 funds
- $23.2B · +2 vs prior quarter
- Latest 8-K
- Jul 28, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Intelligent climate and energy solutions with digitally enabled lifecycle services for heating, cooling, ventilation, and cold chain markets
- New emphasis: Acquisition of Viessmann's climate solutions business expands sustainable HVAC offerings in Europe; announced sale of Riello business for $430 million
- Strategic shift: Restructured segments in 2025 to four global climate solution regions; focusing on pure-play climate and energy with electrification and digital platforms like Abound and Lynx
- Quantitative highlight: Net sales $21.7B (2025), operating profit $2.2B; approx. 47,000 employees across 52 countries, with 52% international sales
- Noteworthy fact: Initiated simplification via divestitures (fire security, commercial refrigeration) and acquired Viessmann's business to accelerate portfolio transformation
Risk Factors
- U.S. AIM Act of 2020 and Kigali Amendment tariff/tax risks on HVAC refrigerants requiring capital expenditures to meet regulations
- 52% net sales from international ops exposed to volatile exchange rates and trade policy conflicts with China, Mexico, U.S. tariffs
- Reliance on joint ventures with Midea Group and Watsco, Inc., risking operational control loss and restrictions on market competition
- Competitive threat from rapidly evolving HVAC technologies, with risk of product obsolescence amid tighter climate regulations
- Debt obligations and additional borrowings could impair profitability and ability to meet financial commitments
Management Discussion & Analysis
- Revenue $21.7B, down 3% YoY ($739M decrease), organic sales down 1%, impacted by Climate Solutions Americas and Europe segments
- Gross margin 25.9% vs 26.6%, fell 6% YoY ($357M decrease) due to lower volumes and full amortization of VCS Business inventory step-up
- Best segment: Climate Solutions Americas with $2.15B operating profit but 7% decline; Worst segment: Climate Solutions Transportation 17% sales decline, 7% profit drop to $452M
- Cash and cash equivalents $1.56B (down $2.4B), total debt reduced by ~$1.0B to $11.8B, net debt increased to $10.3B; repaid $1.2B debt in 2025
- Management expects cash flows and credit facilities sufficient for operations, notes risks from market conditions, plans portfolio optimization including Riello sale for $430M closing in H1 2026
AI summary of the CARR 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $6.351B, up 4% YoY from $6.113B, with organic growth 3%
- Gross margin 27.2% vs 28.9%; operating profit $825M vs $903M
- Best segment: Americas revenue $3.372B, operating margin 24.4%; worst: Asia Pacific, MEA margin 11.8% vs 15.3%
- Riello impairment $46M; expected sale proceeds approximately $430M, completed July 1, 2026
- Tariffs, higher input costs, unfavorable mix, and commercial paper borrowings remained near-term headwinds
Risk Factors
- No material changes in risk factors from Carrier’s 2025 Form 10-K
- Iran-related compliance exposure: Viessmann Sub provided approximately $1,600 of services to Iran’s Embassy in Austria
- Compliance remediation: Viessmann Sub will not engage in future transactions with the Embassy
- No new operational, competitive, market, liquidity, debt, or currency risks disclosed in the section
AI summary of the CARR 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results announced July 28, 2026
- Detailed financial results and management commentary available in Exhibit 99
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Neil Barua appointed independent director effective July 24, 2026, with term through 2027 annual meeting
- Board assignments add Barua to Compensation Committee and Technology & Innovation Committee
Item EX-99.1: Item EX-99.1
- Neil Barua appointed Carrier director effective July 24, 2026
- Board roles on Technology and Innovation and Compensation Committees
Item 2.02: Results of Operations and Financial Condition
- Carrier issued its first-quarter 2026 results on April 30, 2026
- Detailed financial results and management commentary are contained in Exhibit 99
AI summaries of CARR 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for CARR
Don't miss the next CARR filing
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- Ask anything. An AI agent that reads every CARR filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Yildiz Beril | F | Oct 1, 2026 | 260 | $55.22 |
| Yildiz Beril | M | Oct 1, 2026 | 1,065 | - |
| Yildiz Beril | M | Oct 1, 2026 | 1,065 | - |
| Barua Neil | A | Jul 24, 2026 | 2,831.011 | $68.88 |
| Dryden Edward C. | M | Jul 1, 2026 | 6,894 | - |
| Dryden Edward C. | M | Jul 1, 2026 | 6,894 | - |
| Dryden Edward C. | F | Jul 1, 2026 | 2,147 | $72.07 |
| Viessmann Maximilian | Sell | May 20, 2026 | 12,094,823 | $62.01 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $22.1B | $22.5B | $21.7B |
| Operating Income | $2.3B | $2.6B | $2.2B |
| Net Income | - | $5.6B | $1.5B |
| Op. Margin | 10.4% | 11.8% | 10.0% |
| Net Margin | - | 24.9% | 6.8% |
| Balance Sheet | |||
| Total Assets | $32.8B | $37.4B | $37.2B |
| Equity | $9.0B | $14.4B | $14.1B |
| ROE | - | 38.9% | 10.5% |
| Per Share | |||
| EPS | $1.58 | $6.15 | $1.72 |
| Cash Flow | |||
| Operating CF | $2.6B | $563.0M | $2.5B |
Source: XBRL data in Carrier Global (CARR)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate CARR share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 52 | $23.22B |
| Q1 2026 | 50 | $16.49B |
| Q4 2025 | 50 | $16.19B |
| Q3 2025 | 53 | $19.53B |
| Q2 2025 | 53 | $21.07B |
| Q1 2025 | 51 | $14.31B |
| Q4 2024 | 43 | $11.87B |
| Q3 2024 | 37 | $5.22B |
- BlackRock+9.30M (+16%)
- Franklin Resources+3.56M (+366%)
- Ameriprise Financial+3.54M (+74%)
- Millennium Management+3.27M (+443%)
- BNY Mellon+3.23M (+67%)
- Morgan Stanley−1.30M (-11%)
- Goldman Sachs Group−1.18M (-15%)
- Principal Financial Group−712.7K (-44%)
- Citadel Advisors LLC−585.8K (-16%)
- JPMorgan Chase & Co−469.2K (-1%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 389 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
CARR filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 8-K | Jul 28, 2026 | - | Analysis | - |
| 10-Q | Jul 28, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 24, 2026 | - | Analysis | - |
| 4 | Jul 24, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | May 20, 2026 | - | - | |
| 4 | May 1, 2026 | - | - | - |
| 10-Q | Apr 30, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 30, 2026 | - | Analysis | - |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Apr 17, 2026 | - | - | - |
| 4 | Apr 17, 2026 | - | - | - |
| 4 | Apr 17, 2026 | - | - | - |
| 4 | Apr 17, 2026 | - | - | - |
| 4 | Apr 17, 2026 | - | - | - |
| 4 | Apr 17, 2026 | - | - | - |
| 4 | Apr 17, 2026 | - | - | - |
| 4 | Apr 17, 2026 | - | - | - |
| 4 | Apr 17, 2026 | - | - | - |
| 8-K | Apr 16, 2026 | - | Analysis | - |
| 4 | Apr 2, 2026 | - | - | - |
| 4 | Feb 11, 2026 | - | - | |
| 8-K | Feb 5, 2026 | - | - | |
| 10-K | Feb 5, 2026 | Dec 31, 2025 | Analysis |
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CARR SEC filings: frequently asked questions
Which institutions hold CARR stock?
As of June 30, 2026, the largest Carrier Global (CARR) holders among the 13F filers tracked by SignalX were BlackRock ($4.9 billion), Vanguard Capital Management LLC ($3.8 billion), Vanguard Portfolio Management LLC ($2.7 billion), JPMorgan Chase & Co ($2.5 billion), State Street Corp ($2.5 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was CARR's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Carrier Global (CARR) reported revenue of $21.7 billion (down 3.3% from FY2024) and net income of $1.5 billion. Diluted EPS was $1.72. The figures come from the XBRL data in the 10-K.
What are the main risks in CARR's latest 10-K?
In the 10-K filed February 5, 2026, Carrier Global (CARR) flagged: U.S. AIM Act of 2020 and Kigali Amendment tariff/tax risks on HVAC refrigerants requiring capital expenditures to meet regulations. 52% net sales from international ops exposed to volatile exchange rates and trade policy conflicts with China, Mexico, U.S. tariffs. (AI summary of the Risk Factors section.)
What did CARR report in its latest 8-K?
Carrier Global (CARR) filed an 8-K on July 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 2026 results announced July 28, 2026.
What are the latest CARR SEC filings?
Carrier Global (CARR) filed its latest 10-K annual report on February 5, 2026, a 10-Q quarterly report on July 28, 2026, an 8-K current report on July 28, 2026 and a Form 4 insider filing on October 2, 2026.
What is CARR's SEC CIK number?
Carrier Global (CARR)'s SEC Central Index Key (CIK) is 1783180. EDGAR lists every CARR filing under that number.
Ask anything about CARR
The research agent reads CARR's filings, financials, insider trades and 13F holders, then answers with sources.