Carrier reports record $8.5bn order backlog
29th October 2026
USA: Carrier has reported a record backlog of $8.5bn, with commercial HVAC orders up around 60% and data centres up approximately 300%.
The figures are contained in the company’s sales of $6,263m in the three months to the end of September, an increase of 12% on the same period in 2025. Net sales were up 12% and organic sales up 15%.
“We delivered strong third quarter performance, with orders, sales and adjusted EPS all up between 15% and 35%, with very strong free cash flow,” commented chairman and CEO David Gitlin.
“We expect to deliver double-digit organic sales and adjusted EPS growth in 2026, while record backlog levels give us confidence to sustain this momentum into 2027 and beyond.”
Carrier’s Climate Solutions Americas business was driven by strong residential and commercial performance, which saw sales grow 24%, and organic sales up 25%.
Its European business saw sales increase 3% with strong organic sales growth of 12%. Strong demand in residential heat pumps and air conditioning continued, with sales up around 35%.
