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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.35B | $5.34B | $4.84B | $5.58B | $6.11B | $5.22B | $5.15B | $5.98B |
| Cost of revenue | $4.62B | $4.10B | $3.88B | $4.13B | $4.34B | $3.77B | $3.80B | $4.31B |
| Gross profit | $1.73B | $1.24B | $961.00M | $1.45B | $1.77B | $1.45B | $1.34B | $1.68B |
| Gross margin | 27.2% | 23.3% | 19.9% | 26.0% | 28.9% | 27.7% | 26.1% | 28.0% |
| Research and development | $148.00M | $143.00M | $160.00M | $151.00M | $161.00M | $153.00M | $162.00M | $172.00M |
| Selling, general and administrative | $810.00M | $861.00M | $747.00M | $803.00M | $813.00M | $729.00M | $803.00M | $799.00M |
| Operating expenses | $958.00M | $1.02B | $909.00M | $963.00M | $974.00M | $860.00M | $965.00M | $972.00M |
| Operating income | $770.00M | $228.00M | $52.00M | $486.00M | $795.00M | $585.00M | $379.00M | $705.00M |
| Operating margin | 12.1% | 4.3% | 1.1% | 8.7% | 13.0% | 11.2% | 7.4% | 11.8% |
| EBITDA | $1.08B | $543.00M | $381.00M | $811.00M | $1.11B | $888.00M | $697.00M | $1.02B |
| Interest income | $0 | $0 | −$94.00M | −$97.00M | $0 | $0 | −$81.00M | $8.00M |
| Interest expense | −$105.00M | −$90.00M | $0 | — | −$91.00M | −$82.00M | $0 | — |
| Income before taxes | $721.00M | $170.00M | $5.00M | $433.00M | $812.00M | $548.00M | $693.00M | $770.00M |
| Income taxes | $180.00M | −$96.00M | −$32.00M | −$1.00M | $162.00M | $111.00M | $723.00M | $172.00M |
| Net income | $541.00M | $265.00M | $62.00M | $455.00M | $633.00M | $437.00M | $2.57B | $481.00M |
| Net margin | 8.5% | 5.0% | 1.3% | 8.2% | 10.4% | 8.4% | 49.9% | 8.0% |
| EPS, basic | $0.61 | $0.29 | $0.06 | $0.50 | $0.69 | $0.47 | $2.87 | $0.50 |
| EPS, diluted | $0.60 | $0.28 | $0.06 | $0.50 | $0.68 | $0.47 | $2.82 | $0.49 |
| Diluted shares | 836.50M | 842.80M | 846.40M | 858.60M | 866.30M | 878.30M | 903.50M | 915.00M |
Figures describe Carrier Global shares, not any token. As of Jul 28, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.