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Carrier (NYSE: CARR) Q1 2026: orders surge but earnings and cash flow fall
Carrier Global Corporation (NYSE: CARR) reported mixed Q1 2026 results with sales up 2% to $5.34 billion, but significant declines in GAAP operating profit, adjusted EPS, and free cash flow due to margin compression across segments. Despite the financial setbacks, the company saw strong order growth, particularly in data center orders which surged over 500%, and reaffirmed its full-year 2026 guidance. This indicates a potential timing issue with profitability while demand remains robust for its core products.