Carrier Global CARR Q2 2026: EPS Beat, Record Backlog, Guidance Raised

As seen on the 24/7 Wall St. homepage on July 28, 2026.

CARR Carrier Global
Q2 2026
EPS
$0.86
est $0.82 +5.2%
Revenue
$6.35B
est $6.03B +5.3%

Carrier Global crushed Q2 expectations with a 5.2% EPS beat and 5.35% revenue beat, lifting full-year guidance on the back of a tripling in data center orders and record backlog that signal explosive demand ahead for AI cooling infrastructure.

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Carrier Global reported Q2 2026 earnings per share of $0.86, topping the consensus estimate of $0.8175 by about 5.2%. Revenue came in at $6.35 billion, beating expectations of roughly $6.03 billion by more than 5.3%. The company also raised its full-year guidance, signaling that management sees the strong momentum continuing beyond a single quarter.

The standout detail behind the beat is a tripling in data center orders, which has pushed the company's backlog to a record level. That surge is tied directly to demand for AI cooling infrastructure — the systems that keep high-density computing hardware from overheating — an area where Carrier has positioned itself as a key supplier.

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Looking at the recent earnings history, Carrier has now beaten EPS estimates in six of the past eight quarters, with only Q3 2024 and Q4 2025 coming in below expectations. The combination of accelerating data center demand, a record backlog, and upward guidance revisions makes the trajectory here worth watching closely in the quarters ahead.

Sources

Mentioned: CARR

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