Carrier raised its FY2026 guidance across the board, driven by accelerating data center demand (up 4x orders) and a recovering residential business. Management flagged margin dilution from mix and investments, and announced a new U.S. facility to support growth. Full-year 2026 guidance raised: revenue ~$23B, EPS ~$2.90, and data center sales raised to ~$2B.
Carrier raised its FY2026 guidance across the board, driven by accelerating data center demand (up 4x orders) and a recovering residential business. Management flagged margin dilution from mix and investments, and announced a new U.S. facility to support growth. Full-year 2026 guidance raised: revenue ~$23B, EPS ~$2.90, and data center sales raised to ~$2B.
Management expressed strong confidence, citing record backlog, 40% order growth, and raising full-year guidance, while acknowledging margin challenges but affirming a clear path to improvement.
Data center sales outlook raised to ~$2 billion for 2026. Management expressed strong confidence, citing record backlog, 40% order growth, and raising full-year guidance, while acknowledging margin challenges but affirming a clear path to improvement.
Data center sales outlook raised to ~$2 billion for 2026. Management expressed strong confidence, citing record backlog, 40% order growth, and raising full-year guidance, while acknowledging margin challenges but affirming a clear path to improvement.
Management is increasing capacity investments, announcing a new facility in India and finalizing plans for a new U.S. site (likely Texas or Alabama) to support data center demand. They have ordered advanced lead-time equipment and expect the new U.S. facility to be operational…
Management discussed AI in the context of the 75F acquisition, highlighting its AI-enabled, cloud-native BMS platform that enables agentic AI applications for building autonomy, reliability, and energy optimization, positioning Carrier to lead in intelligent and autonomous buildings.
Data center sales outlook raised to ~$2 billion for 2026. Management expressed strong confidence, citing record backlog, 40% order growth, and raising full-year guidance, while acknowledging margin challenges but affirming a clear path to improvement.
Management is increasing capacity investments, announcing a new facility in India and finalizing plans for a new U.S. site (likely Texas or Alabama) to support data center demand. They have ordered advanced lead-time equipment and expect the new U.S. facility to be operational by end of Q1 2027.
Management expressed strong confidence, citing record backlog, 40% order growth, and raising full-year guidance, while acknowledging margin challenges but affirming a clear path to improvement.
“We didn't really see them in 2Q. We see them in the back half. We'll get 10 points of that benefit from the absence of destocking. in the second half.”
“We expect that we would be able to support $2.5 billion in data centers with the capacity that we've effectively built... it's not enough to support the demand that we see for 27, 28, 29, and beyond.”
“So of the $2 billion, $1.5 billion is the balance of the year.”
“We will continue to drive strong growth initiatives and will take a more aggressive and structured approach to cost reduction and pricing discipline.”
| Metric | Period | Range | Midpoint | Status |
|---|---|---|---|---|
| EPS | FY2026 | $2.90 | $2.90 | RAISED |
| Revenue | FY2026 | $23B | $23B | RAISED |
| RevenueDATA_CENTER | FY2026 | $2B | $2B | RAISED |
| RevenueCSA_RESI | FY2026 | 7% | 7% | RAISED |
| RevenueCSA_RESI_LIGHT_COMMERCIA | FY2026 | 7% | 7% | RAISED |
| Issued | Metric | Target | Guide | Actual | Outcome |
|---|---|---|---|---|---|
| FY2026 Q1 | EPS | FY2026 Q2 | $0.80 | $0.86 | Met / beat |
| FY2026 Q1 | Revenue | FY2026 Q2 | $6B | $6.351B | Met / beat |