Carrier Global (CARR) Revenue — Quarter Ended Dec 31, 2024
Revenue for the reported quarter declined from the immediately preceding quarter but rose compared to the same quarter one year earlier. The sequential decrease contrasts with the year-over-year growth.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 FY
Revenue for the reported quarter declined from the immediately preceding quarter but rose compared to the same quarter one year earlier. The sequential decrease contrasts with the year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.1B
Revenue reported for this quarter.
Quarter-over-quarter
-14.0%
Change from the immediately preceding quarter.
Year-over-year
+19.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.5B
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 |
|---|---|---|
| Mar 31, 2024 | $5.4B | +20.0% |
| Jun 30, 2024 | $5.9B | -12.0% |
| Sep 30, 2024 | $6B | +77.6% |
| Dec 31, 2024 | $5.1B | +19.3% |
Revenue performance
The reported quarter's revenue moved lower sequentially, reflecting a decrease from the prior quarter's level. On an annual basis, however, revenue was higher than the same period a year ago.
Quarterly comparison
Compared with the preceding quarter, revenue was lower, while compared with the same quarter one year earlier, revenue was higher. This mixed performance highlights a divergence between sequential and annual trends.
What to watch
The sequential revenue decline contrasts with the year-over-year increase, a pattern that may be monitored in future quarters.