Carrier Global (CARR) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter rose compared with the prior quarter but fell versus the same quarter a year ago. The sequential increase continued the upward trajectory seen in recent quarters, while the year-over-year decline reversed earlier gains.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter rose compared with the prior quarter but fell versus the same quarter a year ago. The sequential increase continued the upward trajectory seen in recent quarters, while the year-over-year decline reversed earlier gains.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.9B
Revenue reported for this quarter.
Quarter-over-quarter
+9.5%
Change from the immediately preceding quarter.
Year-over-year
-12.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$19B
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 |
|---|---|---|
| Sep 30, 2023 | $3.4B | -38.2% |
| Dec 31, 2023 | $4.3B | +118.9% |
| Mar 31, 2024 | $5.4B | +20.0% |
| Jun 30, 2024 | $5.9B | -12.0% |
Revenue performance
Reported revenue increased from the immediately preceding quarter, reflecting a higher level of net sales. The year-ago comparison showed a decrease, indicating a contrasting performance relative to the same period last year.
Quarterly comparison
Compared with the prior quarter, revenue advanced. Compared with the same quarter one year earlier, revenue declined.
What to watch
The year-over-year revenue decline warrants attention given the sequential growth pattern in recent quarters.