Carrier reports better than expected sales

USA: Carrier has reported better than expected financial results for the second quarter of 2026, with net sales up 4% to $6,351m.

With commercial HVAC orders up around 65% and data centre orders up over 300%, the company has raised its full-year outlook, predicting sales of about $23bn.

“We ended the first half with a stronger than expected second quarter, including better sales, adjusted EPS and free cash flow,” commented chairman and CEO David Gitlin. 

“Organic sales returned to growth earlier than expected, up 3%, driven by strong performance in our CSA [Climate Solutions Americas] segment. Improving residential and light commercial markets in CSA and CSE [Climate Solutions Europe] are encouraging. 

“Orders were very strong globally in the second quarter supported by continued data centre demand.”