Carrier Global Research and Development Expenses 2018-2024 | CARR

Carrier Global annual/quarterly research and development expenses history and growth rate from 2018 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Carrier Global research and development expenses for the quarter ending December 31, 2024 were $103M, a 33.77% increase year-over-year.
  • Carrier Global research and development expenses for the twelve months ending December 31, 2024 were $686M, a 39.15% increase year-over-year.
  • Carrier Global annual research and development expenses for 2024 were $0.686B, a 39.15% increase from 2023.
  • Carrier Global annual research and development expenses for 2023 were $0.493B, a 18.51% increase from 2022.
  • Carrier Global annual research and development expenses for 2022 were $0.416B, a 17.3% decline from 2021.
Carrier Global Annual Research and Development Expenses
(Millions of US $)
2024 $686
2023 $493
2022 $416
2021 $503
2020 $419
2019 $401
2018 $400
2017 $364
Carrier Global Quarterly Research and Development Expenses
(Millions of US $)
2024-12-31 $103
2024-09-30 $172
2024-06-30 $187
2024-03-31 $224
2023-12-31 $77
2023-09-30 $126
2023-06-30 $151
2023-03-31 $139
2022-12-31 $26
2022-09-30 $143
2022-06-30 $122
2022-03-31 $125
2021-12-31 $134
2021-09-30 $123
2021-06-30 $125
2021-03-31 $121
2020-12-31 $127
2020-09-30 $100
2020-06-30 $94
2020-03-31 $98
2019-12-31 $99
2019-09-30 $102
2019-06-30 $103
2019-03-31 $97
2018-12-31
2017-12-31
Sector Industry Market Cap Revenue
Computer and Technology Electrical Products - Miscellaneous $57.788B $22.486B
Carrier Global is a provider of advanced heating, ventilation, refrigeration, air conditioning, fire, security and building automation technologies world wide. It has 3 business segments: Heating, Ventilating & Air Conditioning (HVAC); Refrigeration; and Fire & Security. HVAC provides heating and cooling systems for residential & commercial applications, building automation systems, controls, air handling systems, aftermarket services, and repair and energy solutions. Refrigeration offers commercial refrigeration products and digital solutions for trucks, shipping containers, trailers, intermodal and rail. Fire & Security offers residential, commercial and industrial technologies & systems, and advanced fire service security solutions. The business includes brands like Carrier Commercial Refrigeration, Carrier Transicold, BrokerBay, Kidde, Marioff, Autronica, Edwards, GST, Carrier, Riello, Tempstar, Automated Logic, Carlyle, Bryant, etc.
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Tokyo Electron (TOELY) Japan $75.671B 22.38
Osram Licht AG (OSAGF) Germany $53.417B 130.49
Garmin (GRMN) Switzerland $42.869B 30.11
Hoya (HOCPY) Japan $39.940B 29.38
Rockwell Automation (ROK) United States $33.089B 30.77
Daikin Industries (DKILY) Japan $30.572B 20.45
Teradyne (TER) United States $18.368B 35.27
Flex (FLEX) Singapore $14.953B 17.50
TD SYNNEX (SNX) United States $11.925B 12.78
Timken (TKR) United States $5.606B 13.83
Brother Industries (BRTHY) Japan $4.634B 20.25
SiTime (SITM) United States $3.993B 0.00
Spectris (SEPJY) United Kingdom $3.300B 0.00
Hayward Holdings (HAYW) United States $3.078B 24.22
XCHG (XCH) $2.776B 0.00
Casio Computer (CSIOY) Japan $1.961B 23.98
Sigma Lithium (SGML) Brazil $1.282B 0.00
Bel Fuse (BELFB) United States $1.062B 23.92
Bel Fuse (BELFA) United States $1.057B 16.71
Heritage Media (OLVI) $0.790B 0.00
Daktronics (DAKT) United States $0.725B 22.65
Preformed Line Products (PLPC) United States $0.645B 19.77
Eastman Kodak (KODK) United States $0.574B 10.20
Kimball Electronics (KE) United States $0.453B 15.64
Star Group (SGU) United States $0.446B 12.40
SES AI (SES) United States $0.328B 0.00
Mistras Group Inc (MG) United States $0.303B 16.86
Kopin (KOPN) United States $0.221B 0.00
Gauzy (GAUZ) Israel $0.215B 0.00
NOVONIX (NVX) Australia $0.210B 0.00
VOXX (VOXX) United States $0.168B 0.00
Wallbox (WBX) Spain $0.125B 0.00
Universal Electronics (UEIC) United States $0.110B 0.00
Electrovaya (ELVA) Canada $0.093B 0.00
American Battery Technology (ABAT) United States $0.086B 0.00
One Stop Systems (OSS) United States $0.078B 0.00
AuthID (AUID) United States $0.059B 0.00
ESS Tech (GWH) United States $0.051B 0.00
Elong Power Holding (ELPW) United States $0.048B 0.00
Spruce Power Holding (SPRU) United States $0.046B 0.00
Research Frontiers (REFR) United States $0.046B 0.00
Solidion Technology (STI) United States $0.044B 0.00
Stardust Power (SDST) United States $0.038B 0.00
Erayak Power Solution Group (RAYA) China $0.036B 0.00
Key Tronic (KTCC) United States $0.033B 0.00
Greenland Technologies Holding (GTEC) United States $0.025B 0.00
Flux Power Holdings (FLUX) United States $0.024B 0.00
ZOOZ Power (ZOOZ) Israel $0.023B 0.00
Li-Cycle Holdings (LICY) Canada $0.021B 0.00
CCSC Technology Holdings (CCTG) Hong Kong, SAR China $0.020B 0.00
Dragonfly Energy Holdings (DFLI) United States $0.018B 0.00
MKDWELL Tech (MKDW) Taiwan $0.009B 0.00
SigmaTron (SGMA) United States $0.008B 0.00
BIO-key (BKYI) United States $0.003B 0.00
Expion360 (XPON) United States $0.003B 0.00