Description
Carrier Global: HVAC Orders Up 35% And Organic Sales Flat Tell Two Very Different Stories!
Carrier Global Corporation reported first-quarter 2026 results that generally surpassed internal expectations, driven by robust demand in its commercial HVAC and aftermarket segments, though certain areas faced continuing challenges. Total company orders rose by 11%, primarily led by a 35% increase in global commercial HVAC orders, with the commercial HVAC backlog sufficiently covering an expected $1.5 billion in data center sales for the year. However, organic sales remained flat, reflecting mixed performance where residential segments experienced softness but light commercial and commercial businesses performed better than anticipated. The company highlighted strong growth in aftermarket initiatives supported by digital connectivity and product innovation. Residential Light Commercial Americas (CSA RLC) particularly exhibited resilience with share gains and margin strength, fuelled by new product introductions like efficient fan coils and hybrid fuel rooftop units.
