Carrier Global projects its data center revenue will increase by approximately 50% in 2027, targeting at least $3 billion. This follows a period where the business roughly doubled in 2026, with full-year sales for that year projected at approximately $2 billion.
The company reported third-quarter 2026 data center sales exceeding $550 million. Orders are expanding rapidly, with year-to-date orders surpassing $3 billion, marking a 350% year-over-year increase. Third-quarter orders rose by about 300% compared to the same period in 2025.
Carrier's total backlog has reached a record of more than $8.5 billion. A significant component of this is a new $3 billion agreement with a hyperscaler, which includes minimum volume commitments. CEO David Gitlin outlined these projections during a conference on September 16, 2026.
To address rising demand, Carrier is establishing a new chiller plant in Fort Worth, Texas, expected to create 1,500 jobs. The company has also expanded its product lineup to include 2 MW and 3 MW air-cooled chillers, as well as coolant distribution units.
