Loading
Sentiment · FY2026 Q1
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“Barclays, Carrier Group, Pearson and University of Miami all purchased 10,000 or more seats this quarter.”
Carrier is named as an enterprise customer that purchased 10,000-plus Microsoft 365 Copilot seats in the quarter.
“I remember talking to Carrier a couple of years ago who sells heating and cooling equipment on Shopify today.”
Shopify cites Carrier, which sells HVAC equipment on Shopify, as an example of a large industrial brand using its commerce stack.
“We also recently invested in NetVaso, which provides enhanced wireless IoT connectivity on cargo ships.”
Carrier invested in NetVaso for wireless IoT connectivity on cargo ships to enhance its container reefer telematics offering.
“This includes a roughly $350 million year-over-year revenue headwind from the exit of Riello mainly reported in the CSE segment.”
Carrier is divesting Riello (boiler burners), a ~$350M annual revenue exit in its European climate segment.
“And frankly, when we bought that Toshiba business, very little growth with margins pretty close to zero.”
Carrier's acquired Toshiba HVAC business has grown and expanded margins toward mid-teens under Carrier ownership.
“We've been working together on a number of climate optimized reference designs and thinking very closely about the chilling requirements for their future chip, the verruban.”
Carrier is co-developing data-center cooling reference designs with NVIDIA around its Blackwell and Vera Rubin chips, a read-through on NVIDIA-driven cooling demand.
“For HEMS in the United States, we announced an exciting new partnership with Google to enhance grid resilience and support smarter energy management. By integrating Carrier HEMS technology with Google's cloud, AI and analytics, we will help increase the efficiency of the existing energy infrastructure, reduce grid congestion, unlock greater energy utilization and reduce energy costs to the homeowner.”
Carrier launched a new partnership with Google to combine its home energy management systems (HEMS) with Google's cloud and AI analytics to improve grid resilience and reduce homeowner energy costs.
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Chris Snyder | Morgan Stanley | 12 (8%) |
| Julian Mitchell | Barclays | 12 (0%) |
| Deane Dray | RBC Capital Markets | 12 (0%) |
| Andy Kaplowitz | Citigroup | 12 (8%) |
| Joe Ritchie | Goldman Sachs | 12 (8%) |
| Jeff Sprague | Vertical Research Partners | 10 (20%) |
| Nigel Coe | Wolfe Research | 9 (11%) |
| Amit Mehrotra | UBS | 9 (0%) |
| Joe O'Dea | Wells Fargo | 9 (0%) |
| Andy Obin | Bank of America | 8 (13%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| RBC Capital Markets | 1 | 12 (0%) |
| Citigroup | 1 | 12 (8%) |
| Morgan Stanley | 1 | 12 (8%) |
| Goldman Sachs | 1 |
| 12 (8%) |
| Barclays | 1 | 12 (0%) |
| JPMorgan | 3 | 11 (0%) |
| Vertical Research Partners | 1 | 10 (20%) |
| Wells Fargo | 1 | 9 (0%) |
Carrier closed a difficult fiscal year with Q4 organic sales down 9% and adjusted EPS of $0.34, as residential volumes declined approximately 40% causing massive under-absorption. Total company orders were up over 15%, and the company introduced FY2026 guidance of approximately $2.80 adjusted EPS, up high single digits. Commercial orders surged 80%, and connected chillers tripled in three years to over 70,000 units.
Demand | Margin | Revenue Growth | Pricing | Inventory | Regulation Policy | Cloud & AI | Competitive Dynamics | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 9 | 3 | 4 | 5 | 3 | 3 | 1 | 4 |
| 2025Q1 | 9 | 5 | 7 | 3 | 2 | 3 | 3 | 2 |
| 2025Q2 | 11 | 7 | 6 | 4 | 4 | 3 | 1 | 1 |
| 2025Q3 | 15 | 3 | 5 | 5 | 5 | 3 | 1 | 2 |
| 2025Q4 | 12 | 5 | 1 | 2 | 5 | 1 | 3 | 1 |
| 2026Q1 | 9 | 6 | 5 | 6 | 2 | 4 | 2 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Demand | 9 | 9 | 11 | 15 | 12 | 9 |
| Margin | 3 | 5 | 7 | 3 | 5 | 6 |
| Revenue Growth | 4 | 7 | 6 | 5 | 1 | 5 |
| Pricing | 5 | 3 | 4 | 5 | 2 | 6 |
| Inventory | 3 | 2 | 4 | 5 | 5 | |
| Regulation Policy | 3 | 3 | 3 | 3 | 1 | 2 |
| Cloud & AI | 1 | 3 | 1 | 1 | 3 | 4 |
| Competitive Dynamics | 4 | 2 | 1 | 2 | 1 | 2 |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
CARR Carrier Global | 4 | +2.4% | |
| BLDR Builders FirstSource | 1 | -10.1% | |
| JCI Johnson Controls | 9 | +8.2% | |
| LII Lennox International | 6 | +5.8% | |
| MAS Masco | 6 | +6.5% | |
| TT Trane Technologies | 7 | +6.0% |