carr: the income statement

MyFinsight

For the quarter ending 2025-09-30, CARR made $5,579M in revenue. $428M in net income. Net profit margin of 7.67%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total net sales	5,579	6,113	5,218	5,984
Cost of goods sold-Product	3,656	3,867	3,358	3,796
Cost of goods sold-Service	474	477	415	511
Research and development	151	161	153	172
Selling, general and administrative	803	813	729	799
Total costs and expenses	5,084	5,318	4,655	5,278
Equity method investment net earnings	60	78	44	66
Other income (expense), net	-16	30	22	-9
Operating profit	539	903	629	763
Non-service pension (expense) benefit	9	0	-1	1
Interest (expense) income, net	-97	-91	-82	8
Earnings before income taxes	433	812	548	770
Income tax (expense) benefit	-1	162	111	172
Earnings from continuing operations	434	650	437	598
Discontinued operations, net of tax	21	-17	0	-117
Net earnings (loss)	455	633	437	481
Less non-controlling interest in subsidiaries'	27	42	25	34
Net earnings (loss) attributable to common shareowners	428	591	412	447

Basic (in shares)	848,800,000	854,900,000	866,900,000	901,200,000
Diluted (in shares)	858,600,000	866,300,000	878,300,000	915,000,000
Net earnings (loss), basic (in dollars per share)	0.5	0.69	0.47	0.5
Net earnings (loss), diluted (in dollars per share)	0.5	0.68	0.47	0.49