Carrier Q2 sales rise 3% to $6.1 billion; adjusted EPS up 26% to $0.92
Carrier Global reported second-quarter 2025 net sales of $6.1 billion, up 3% from a year earlier, with organic sales up 6%. Adjusted earnings per share rose 26% to $0.92, and GAAP diluted EPS from continuing operations rose 56% to $0.70. The company reaffirmed its full-year 2025 guidance, including adjusted EPS of $3.00 to $3.10 and free cash flow of $2.4 billion to $2.6 billion.
Key points
- Q2 2025 net sales were $6.1 billion, up 3%; organic sales rose 6%, offset by a 4% headwind from divestitures, mainly Commercial Refrigeration.
- Adjusted EPS was $0.92, up 26% from $0.73; GAAP EPS from continuing operations was $0.70, up from $0.45.
- Free cash flow was $568 million in the quarter, compared with $549 million a year earlier.
- Full-year 2025 guidance was unchanged: adjusted EPS of $3.00 to $3.10 and free cash flow of $2.4 billion to $2.6 billion.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.