---
schema_version: "secwatch.filing_event.v1"
accession: "0001783180-23-000053"
form_type: "8-K"
ticker: "CARR"
cik: "0001783180"
company_name: "CARRIER GLOBAL Corp"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:43:05.463286+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Carrier Q2: sales $6.0B (+15%), adj EPS $0.79; FY adj EPS guidance raised to $2.55-$2.65

## Summary
- Net sales $6.0B, up 15% YoY (organic +6%); commercial HVAC up high-teens, North America resi HVAC +5%.
- GAAP EPS $0.23; adjusted EPS $0.79; adjusted operating profit $964M up 12%; one-time charges: $293M KFI deconsolidation, $111M Viessmann hedge.
- FY 2023 guidance raised: sales >$22B, adj op margin 14.0-14.5%, adj EPS $2.55-$2.65 (from $2.50-$2.60).
- Q2 free cash flow $310M; full-year FCF guidance unchanged ~$1.9B.

## SEC filing metadata
- accession: 0001783180-23-000053
- form_type: 8-K
- ticker: CARR
- cik: 0001783180
- company_name: CARRIER GLOBAL Corp
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783180/000178318023000053/0001783180-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783180/000178318023000053/carr-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783180-23-000053
- JSON: https://secwatch.observer/filing/0001783180-23-000053.json
- Plain text: https://secwatch.observer/filing/0001783180-23-000053.txt

## Key facts
- Earnings Releases
  CARRIER GLOBAL Corp reported second quarter 2023 results: revenue $6.0 billion, net income $199 million, EPS $0.23. Guidance raised.
  - Period: second quarter 2023
  - Revenue: $6.0 billion
  - Net income: $199 million
  - EPS: $0.23
  - Guidance: raised
  - Result: reported results
  source text: Carrier’s second quarter sales of $6.0 billion were up 15% compared to the prior year and organic sales grew 6% over the same period. Organic sales strength continued in the HVAC segment with commercial HVAC up high-teens and North America residential and light commercial HVAC up 5% organically. Fire and Security sales were up 9% organically while Refrigeration sales were down 6% organically driven by lower volumes in container and commercial refrigeration only partially offset by strength in global truck and trailer demand. GAAP operating profit in the quarter of $489 million was down 40% from last year largely due to the one-time loss of $293 million associated with the deconsolidation of KFI following its Chapter 11 filing and the $111 million unrealized loss on the mark-to-market valuation of forward contracts associated with the Viessmann Climate Solutions acquisition. Adjusted operating profit of $964 million was up 12% compared to last year. Net income was $199 million and adjus
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000178318023000053/0001783180-23-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.