Carrier Global (CARR) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the current quarter compared with both the prior quarter and the same quarter last year. The sequential improvement reversed a decline seen in the preceding period.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the current quarter compared with both the prior quarter and the same quarter last year. The sequential improvement reversed a decline seen in the preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.4B
Revenue reported for this quarter.
Quarter-over-quarter
+25.6%
Change from the immediately preceding quarter.
Year-over-year
+20.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $6.7B | +29.5% |
| Sep 30, 2023 | $3.4B | -38.2% |
| Dec 31, 2023 | $4.3B | +118.9% |
| Mar 31, 2024 | $5.4B | +20.0% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, marking a positive sequential change. This follows a period of sequential decline in the prior quarter.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. The year-over-year growth rate was consistent with the prior quarter's year-over-year performance.
What to watch
The filing context does not provide specific risk factors or management discussion beyond standard references.