secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001783180-26-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carrier Q1 GAAP EPS $0.28 (-40%), Adj EPS $0.57 (-12%); sales up 2% to $5.34B
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- GAAP operating profit $259M (-59% YoY); adjusted op profit $594M (-30%); net sales $5.34B (+2% reported, -1% organic).
- Data center orders surged >500%; total orders up 11%; Commercial HVAC orders up 35%. Backlog covers expected 2026 data center sales.
- Free cash flow ($15)M vs $420M prior year due to higher capex and lower cash from ops; returned ~$500M to shareholders.
- CSA Residential sales down ~12% YoY; segment op margin fell 730bps to 14.9%. CST Container revenue up 38%.
- FY2026 guidance reaffirmed: sales ~$22B, adj EPS ~$2.80, FCF ~$2B. Riello divestiture now expected to close by end of Q2 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000178318026000023/0001783180-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000178318026000023/carr-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001783180-26-000023

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