Trane Technologies

TT Industrials Market cap $93.7B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 30, 2026

Revenue$6.35B +11% year over year

Gross profit$2.26B 36% margin

Operating profit$1.22B 19% margin

Net profit$0.93B 15% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	6.35	100%	+11%
Americas	5.27	83%	+12%
EMEA	0.70	11%	−1%
Asia Pacific	0.39	6%	+11%
Cost of revenue	−4.09	64%
Gross profit	2.26	36% margin	−2pp
SG&A	−1.04	16%	−1pp
Operating profit	1.22	19% margin	−1pp
Interest & other costs	−0.08
Tax	−0.22
Net profit	0.93	15% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.97	100%	+6%
Americas	4.00	80%	+5%
EMEA	0.64	13%	+12%
Asia Pacific	0.33	7%	+5%
Cost of revenue	−3.24	65%
Gross profit	1.73	35% margin	−1pp
SG&A	−0.95	19%	+1pp
Operating profit	0.78	16% margin	−2pp
Interest & other costs	−0.06
Tax	−0.14
Net profit	0.58	12% margin	−1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.15	100%	+6%
Americas	4.01	78%	+6%
EMEA	0.77	15%	+12%
Asia Pacific	0.36	7%	−5%
Cost of revenue	−3.39	66%
Gross profit	1.75	34% margin	−1pp
SG&A	−0.94	18%	+0pp
Operating profit	0.82	16% margin	−1pp
Interest & other costs	−0.11
Tax	−0.12
Net profit	0.59	11% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.74	100%	+6%
Americas	4.66	81%	+4%
EMEA	0.75	13%	+12%
Asia Pacific	0.33	6%	+10%
Cost of revenue	−3.62	63%
Gross profit	2.12	37% margin	+1pp
SG&A	−0.95	17%	−1pp
Operating profit	1.17	20% margin	+1pp
Interest & other costs	−0.09
Tax	−0.23
Net profit	0.85	15% margin	+1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.75	100%	+8%
Americas	4.69	82%	+9%
EMEA	0.71	12%	+10%
Asia Pacific	0.35	6%	−7%
Cost of revenue	−3.59	62%
Gross profit	2.16	38% margin	+1pp
SG&A	−1.00	17%	+0pp
Operating profit	1.16	20% margin	+1pp
Interest & other costs	−0.07
Tax	−0.22
Net profit	0.88	15% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 30, 2026 Operating margin 19% Net profit $0.93B	Apr 1 – Jun 30, 2026	Jul 30, 2026	$6.35B	+11%	19%	$0.93B	15%
Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 30, 2026 Operating margin 16% Net profit $0.58B	Jan 1 – Mar 31, 2026	Apr 30, 2026	$4.97B	+6%	16%	$0.58B	12%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 5, 2026 Operating margin 16% Net profit $0.59B	Oct 1 – Dec 31, 2025	Feb 5, 2026	$5.15B	+6%	16%	$0.59B	11%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 30, 2025 Operating margin 20% Net profit $0.85B	Jul 1 – Sep 30, 2025	Oct 30, 2025	$5.74B	+6%	20%	$0.85B	15%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 30, 2025 Operating margin 20% Net profit $0.88B	Apr 1 – Jun 30, 2025	Jul 30, 2025	$5.75B	+8%	20%	$0.88B	15%