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Side-by-side financial comparison of Carrier Global (CARR) and Intuit (INTU). Click either name above to swap in a different company.

Carrier Global is the larger business by last-quarter revenue ($4.8B vs $3.9B, roughly 1.2× Intuit). Intuit runs the higher net margin — 11.5% vs 1.1%, a 10.4% gap on every dollar of revenue. On growth, Carrier Global posted the faster year-over-year revenue change (33.2% vs 18.3%). Carrier Global produced more free cash flow last quarter ($909.0M vs $599.0M). Over the past eight quarters, Intuit's revenue compounded faster (7.1% CAGR vs -11.5%).

Carrier Global Corporation is an American multinational heating, ventilation, and air conditioning (HVAC), refrigeration, and fire and security equipment corporation based in Palm Beach Gardens, Florida. Carrier was founded in 1915 as an independent company manufacturing and distributing HVAC systems, and has since expanded to include manufacturing commercial refrigeration and food service equipment, and fire and security technologies.

Intuit Inc. is an American multinational business software company that specializes in financial software. Headquartered in Mountain View, California, the company is led by CEO Sasan Goodarzi. Intuit's products include the tax preparation application TurboTax, the small business accounting software QuickBooks, the credit monitoring and personal finance service Credit Karma, and the email marketing platform Mailchimp. As of 2019, more than 95% of its revenue and earnings originated from its op...

CARR vs INTU — Head-to-Head

Bigger by revenue
CARR
CARR
1.2× larger
CARR
$4.8B
$3.9B
INTU
Growing faster (revenue YoY)
CARR
CARR
+14.9% gap
CARR
33.2%
18.3%
INTU
Higher net margin
INTU
INTU
10.4% more per $
INTU
11.5%
1.1%
CARR
More free cash flow
CARR
CARR
$310.0M more FCF
CARR
$909.0M
$599.0M
INTU
Faster 2-yr revenue CAGR
INTU
INTU
Annualised
INTU
7.1%
-11.5%
CARR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CARR
CARR
INTU
INTU
Revenue
$4.8B
$3.9B
Net Profit
$53.0M
$446.0M
Gross Margin
Operating Margin
2.1%
13.7%
Net Margin
1.1%
11.5%
Revenue YoY
33.2%
18.3%
Net Profit YoY
-97.9%
126.4%
EPS (diluted)
$0.07
$1.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CARR
CARR
INTU
INTU
Q4 25
$4.8B
$3.9B
Q3 25
$5.6B
$3.8B
Q2 25
$6.1B
$7.8B
Q1 25
$5.2B
$4.0B
Q4 24
$3.6B
$3.3B
Q3 24
$6.0B
$3.2B
Q2 24
$6.7B
$6.7B
Q1 24
$6.2B
$3.4B
Net Profit
CARR
CARR
INTU
INTU
Q4 25
$53.0M
$446.0M
Q3 25
$428.0M
$381.0M
Q2 25
$591.0M
$2.8B
Q1 25
$412.0M
$471.0M
Q4 24
$2.6B
$197.0M
Q3 24
$447.0M
$-20.0M
Q2 24
$2.3B
$2.4B
Q1 24
$269.0M
$353.0M
Operating Margin
CARR
CARR
INTU
INTU
Q4 25
2.1%
13.7%
Q3 25
9.7%
8.8%
Q2 25
14.8%
48.0%
Q1 25
12.1%
15.0%
Q4 24
-63.6%
8.3%
Q3 24
12.8%
-4.7%
Q2 24
55.2%
46.1%
Q1 24
8.1%
10.9%
Net Margin
CARR
CARR
INTU
INTU
Q4 25
1.1%
11.5%
Q3 25
7.7%
9.9%
Q2 25
9.7%
36.4%
Q1 25
7.9%
11.9%
Q4 24
70.3%
6.0%
Q3 24
7.5%
-0.6%
Q2 24
34.9%
35.5%
Q1 24
4.4%
10.4%
EPS (diluted)
CARR
CARR
INTU
INTU
Q4 25
$0.07
$1.59
Q3 25
$0.50
$1.28
Q2 25
$0.68
$10.02
Q1 25
$0.47
$1.67
Q4 24
$2.82
$0.70
Q3 24
$0.49
$-0.09
Q2 24
$2.55
$8.42
Q1 24
$0.29
$1.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CARR
CARR
INTU
INTU
Cash + ST InvestmentsLiquidity on hand
$1.6B
$3.5B
Total DebtLower is stronger
$11.4B
$6.1B
Stockholders' EquityBook value
$14.1B
$19.3B
Total Assets
$37.2B
$33.2B
Debt / EquityLower = less leverage
0.80×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CARR
CARR
INTU
INTU
Q4 25
$1.6B
$3.5B
Q3 25
$1.4B
$2.9B
Q2 25
$1.8B
$5.4B
Q1 25
$1.7B
$2.4B
Q4 24
$4.0B
$2.9B
Q3 24
$2.2B
$3.6B
Q2 24
$2.9B
$4.2B
Q1 24
$1.3B
$1.5B
Total Debt
CARR
CARR
INTU
INTU
Q4 25
$11.4B
$6.1B
Q3 25
$11.3B
$6.0B
Q2 25
$11.3B
$6.4B
Q1 25
$11.1B
$6.3B
Q4 24
$11.0B
$6.1B
Q3 24
$10.3B
$6.0B
Q2 24
$11.3B
$6.0B
Q1 24
$15.6B
$6.0B
Stockholders' Equity
CARR
CARR
INTU
INTU
Q4 25
$14.1B
$19.3B
Q3 25
$14.8B
$19.7B
Q2 25
$15.0B
$20.1B
Q1 25
$14.2B
$17.9B
Q4 24
$14.4B
$18.1B
Q3 24
$15.0B
$18.4B
Q2 24
$14.1B
$18.8B
Q1 24
$11.9B
$16.9B
Total Assets
CARR
CARR
INTU
INTU
Q4 25
$37.2B
$33.2B
Q3 25
$38.1B
$37.0B
Q2 25
$38.5B
$36.6B
Q1 25
$36.4B
$31.7B
Q4 24
$37.4B
$33.2B
Q3 24
$40.2B
$32.1B
Q2 24
$40.4B
$31.6B
Q1 24
$40.8B
$29.7B
Debt / Equity
CARR
CARR
INTU
INTU
Q4 25
0.80×
0.32×
Q3 25
0.76×
0.30×
Q2 25
0.76×
0.32×
Q1 25
0.78×
0.35×
Q4 24
0.77×
0.34×
Q3 24
0.69×
0.33×
Q2 24
0.80×
0.32×
Q1 24
1.31×
0.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CARR
CARR
INTU
INTU
Operating Cash FlowLast quarter
$1.0B
$637.0M
Free Cash FlowOCF − Capex
$909.0M
$599.0M
FCF MarginFCF / Revenue
18.8%
15.4%
Capex IntensityCapex / Revenue
2.7%
1.0%
Cash ConversionOCF / Net Profit
19.62×
1.43×
TTM Free Cash FlowTrailing 4 quarters
$2.1B
$6.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CARR
CARR
INTU
INTU
Q4 25
$1.0B
$637.0M
Q3 25
$341.0M
$381.0M
Q2 25
$649.0M
$4.4B
Q1 25
$483.0M
$1.1B
Q4 24
$132.0M
$362.0M
Q3 24
$-269.0M
$417.0M
Q2 24
$660.0M
$4.0B
Q1 24
$40.0M
$613.0M
Free Cash Flow
CARR
CARR
INTU
INTU
Q4 25
$909.0M
$599.0M
Q3 25
$224.0M
$366.0M
Q2 25
$568.0M
$4.4B
Q1 25
$420.0M
$1.0B
Q4 24
$-85.0M
$329.0M
Q3 24
$-356.0M
$400.0M
Q2 24
$549.0M
$3.9B
Q1 24
$-64.0M
$550.0M
FCF Margin
CARR
CARR
INTU
INTU
Q4 25
18.8%
15.4%
Q3 25
4.0%
9.6%
Q2 25
9.3%
56.2%
Q1 25
8.0%
26.2%
Q4 24
-2.3%
10.0%
Q3 24
-5.9%
12.6%
Q2 24
8.2%
57.7%
Q1 24
-1.0%
16.2%
Capex Intensity
CARR
CARR
INTU
INTU
Q4 25
2.7%
1.0%
Q3 25
2.1%
0.4%
Q2 25
1.3%
0.5%
Q1 25
1.2%
0.8%
Q4 24
6.0%
1.0%
Q3 24
1.5%
0.5%
Q2 24
1.7%
0.9%
Q1 24
1.7%
1.9%
Cash Conversion
CARR
CARR
INTU
INTU
Q4 25
19.62×
1.43×
Q3 25
0.80×
1.00×
Q2 25
1.10×
1.56×
Q1 25
1.17×
2.27×
Q4 24
0.05×
1.84×
Q3 24
-0.60×
Q2 24
0.28×
1.65×
Q1 24
0.15×
1.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CARR
CARR

Products$4.1B86%
Services$699.0M14%

INTU
INTU

Quick Books Online Accounting$1.2B32%
Product And Other$779.0M20%
Credit Karma$616.0M16%
Turbo Tax$581.0M15%
Quick Books Desktop Accounting$408.0M11%
Pro Tax$290.0M7%

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