At the archive date, Trane Technologies plc was expected to release its Q3 2026 10-Q filing on October 26, 2026, before market open. Last quarter: Trane Technologies reported strong net revenue growth of 10.6% YoY to $6.35B in Q2 FY2026, driven by volume growth in the Americas and Asia Pacific, though gross margin contracted 200 bps due to inflation and investments.
EPS Estimate
$4.86
Revenue Estimate
$6.67B
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the TT page for retained reports.
Drawn from management commentary in the Q2 2026 10-Q:
Net revenues grew 12.3% YoY in the Americas ($5,271.3M) and 11.1% YoY in Asia Pacific ($384.6M), primarily driven by higher commercial HVAC volume. In contrast, EMEA revenue fell 1.5% YoY to $697.6M due to soft transport refrigeration demand and Middle East geopolitical conflicts.
Trane Technologies paid $742M in cash for acquisitions during 6M FY2026, key among them being Stellar Energy Americas, Inc. and acquiring all remaining interest in LiquidStack to expand its data center liquid cooling footprint.
Consolidated gross profit margin declined by 200 basis points YoY to 35.6% in Q2 FY2026. Management cited cost inflation and higher reinvestments in the business as the main drivers, which were only partially offset by productivity gains and price increases.
Revenue
$6.35B
+10.56% YoY
EPS (Diluted)
$4.16
+6.94% YoY
Operating Income
$1.22B
+5.16% YoY
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