Quick Answer
CARRIER GLOBAL Corp reported R&D Expense of $625.00 million for fiscal year 2025.
CARRIER GLOBAL Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $625.00M | -8.9% |
| 2024 | $686.00M | +39.1% |
| 2023 | $493.00M | +18.5% |
| 2022 | $416.00M | -17.3% |
| 2021 | $503.00M | +20.0% |
| 2020 | $419.00M | +4.5% |
| 2019 | $401.00M | +0.2% |
| 2018 | $400.00M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $151.00M | -12.2% | -6.2% |
| June 30, 2025 | $161.00M | +0.6% | +5.2% |
| March 31, 2025 | $153.00M | -20.3% | -11.0% |
| September 30, 2024 | $172.00M | +36.5% | +7.5% |
| June 30, 2024 | $160.00M | +6.0% | -16.7% |
| March 31, 2024 | $192.00M | +38.1% | +52.4% |
| September 30, 2023 | $126.00M | -11.9% | -16.6% |
| June 30, 2023 | $151.00M | +23.8% | +8.6% |
- CARRIER GLOBAL Corp showed a decrease of -8.9% in R&D Expense compared to the prior fiscal year.
- Over the 2018–2025 period, CARRIER GLOBAL Corp’s r&d expense has grown by 56.2% (from $400.00 million to $625.00 million).
- The most recent figure is from CARRIER GLOBAL Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 5, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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