Michael Rednor
Vice President of Investor Relations
Replay available
Carrier Global Corporation (CARR) Q2 2026 Earnings Call
Carrier Global Corporation (NYSE: CARR) Q2 2026 earnings conference call, held 2026-07-28. Replay captured from the company's public earnings webcast.
Hosted by
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David Gitlin
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.353 Good morning and welcome to Carrier's second quarter 2026 earnings conference call. 00:00:05.353 -- 00:00:09.534 I would like to introduce your host for today's conference, Michael Rednor, Vice President 00:00:09.534 -- 00:00:13.215 of Investor Relations. Please go ahead. 00:00:13.236 -- 00:00:17.917 Good morning and welcome to Carrier's second quarter 2026 earnings conference call. 00:00:17.917 -- 00:00:22.139 On the call with me today are David Gitlin, Chairman and Chief Executive Officer, and 00:00:22.139 -- 00:00:26.760 Patrick Goris, Chief Financial Officer. Except where otherwise noted, the company will 00:00:26.760 -- 00:00:29.568 speak to results from continuing operations Thank you. 00:00:29.568 -- 00:00:31.688 Thank you. 00:00:59.825 -- 00:01:05.030 Thanks, Mike, and good morning, everyone. With strong orders, record backlog levels, 00:01:05.030 -- 00:01:09.634 and first half results being better than expected, we are raising our full year guidance 00:01:09.634 -- 00:01:13.477 on sales, operating profit, and EPS. 00:01:13.477 -- 00:01:18.602 2Q orders were very strong, up about 40%, with commercial HVAC up about 00:01:18.602 -- 00:01:20.323 65%, 00:01:20.323 -- 00:01:26.345 driven by continued strength in data centers where orders were up 4x over last year. 00:01:26.345 -- 00:01:30.848 Our total company backlog, which excludes orders that we expect from long-term agreements 00:01:30.848 -- 00:01:35.572 with hyperscalers and colos, is now over $8 billion, 00:01:35.572 -- 00:01:40.976 up about 40% versus last year and up 20% sequentially. 00:01:40.976 -- 00:01:45.399 Given the increasing demand for our differentiated commercial solutions, we have announced 00:01:45.399 -- 00:01:51.159 a new facility in India and are finaliz...