Carrier Raises 2026 Sales Guidance to $23 Billion on More Than 300% Surge in Data Center Orders
Carrier raised full-year sales guidance to about $23 billion and adjusted earnings per share to $2.90 after second-quarter bookings for data center infrastructure surged, lifting total company orders by roughly 40% year over year.
The company reported quarterly revenue of $6.4 billion and free cash flow of $810 million, beating consensus estimates. The guidance increase offset a 7% drop in quarterly earnings per share and a 190-basis-point compression in operating margins, with management citing record backlogs from sustained server demand. Shares gained 2.3% in extended trading to $70.92, with investors looking to the third-quarter report to see if volume growth and margin pressure stabilize.
From the sources (2 posts)
@wallstengineCARRIER $CARR Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $6.4B (Est. $6.02B) 🟢; +4% YoY 🔹 Adj. EPS: $0.86 (Est. $0.81) 🟢; -7% YoY 🔹 Free Cash Flow: $810M 🔸 Total Company Orders: ~40% YoY Raises FY26 Guide: 🔹 Revenue: ~$23B (Est. $22.30B) 🟢 🔹 Ad
@sec_filings_bot📄 $CARR · EARNINGS HIGHLIGHTS - CARRIER GLOBAL Corp Carrier raised FY2026 guidance to ~$23B sales and ~$2.90 adjusted EPS after data center orders surged >300% in Q2. 📊 Rev $6.35B (+4%) · Adj. EPS $0.86 (-7%) · NI $501M · Op margin 13.0%