Carrier Global (CARR) Revenue — Quarter Ended Sep 30, 2024
Revenue increased for the quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The growth rate versus the prior year was notably higher than the sequential change.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased for the quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The growth rate versus the prior year was notably higher than the sequential change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
+0.8%
Change from the immediately preceding quarter.
Year-over-year
+77.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.7B
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 |
|---|---|---|
| Dec 31, 2023 | $4.3B | +118.9% |
| Mar 31, 2024 | $5.4B | +20.0% |
| Jun 30, 2024 | $5.9B | -12.0% |
| Sep 30, 2024 | $6B | +77.6% |
Revenue performance
The reported revenue rose from the prior quarter, continuing an upward trend, and showed a substantial increase compared to the same period last year.
Quarterly comparison
When measured against the preceding three-month period, revenue was slightly higher. The year-over-year comparison reflected a much larger gain.
What to watch
The magnitude of the year-over-year revenue increase may be examined in subsequent quarters for sustainability.