Trane Technologies Quarterly Income Statement
NYSE: TTIndustrialsAuto Parts:O.E.M.USD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Trane Technologies revenue and earnings
In the quarter ended Jun 30, 2026, Trane Technologies generated $6.35 billion in revenue, up 10.6% from the same quarter a year earlier. Net income was $925.7 million (+5.8% year over year), for a net margin of 14.6% versus a median of 12.9% in the prior 5 quarters. Gross margin was 35.6% (down from 37.6%) and operating margin 19.3%.
Diluted earnings per share came in at $4.16, up from $3.89.
Summary generated from market data by MetaCap's automated system. Methodology
Trane Technologies income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.35B | 4.97B | 5.14B | 5.74B | 5.75B | 4.69B | 4.87B | 5.44B | 5.31B | 4.22B | 4.42B | 4.88B |
| Revenue growth (YoY) | +10.56% | +5.99% | +5.55% | +5.54% | +8.27% | +11.22% | +10.17% | +11.43% | +12.81% | +15.00% | +8.60% | +11.69% |
| Cost of Revenue | 4.09B | 3.24B | — | 3.62B | 3.59B | 3.01B | — | 3.47B | 3.37B | 2.76B | — | 3.22B |
| Gross Profit | 2.26B | 1.73B | — | 2.12B | 2.16B | 1.68B | — | 1.97B | 1.94B | 1.46B | — | 1.66B |
| Operating Expenses | 1.04B | 952.00M | — | 952.90M | 996.40M | 858.60M | — | 949.80M | 901.30M | 826.10M | — | 793.90M |
| Selling, General & Admin | 1.04B | 952.00M | 934.90M | 952.90M | 996.40M | 858.60M | 903.20M | 949.80M | 901.30M | 826.10M | 783.70M | 793.90M |
| Operating Income | 1.22B | 776.10M | 819.00M | 1.17B | 1.16B | 818.90M | 807.60M | 1.02B | 1.03B | 633.80M | 687.60M | 864.20M |
| Interest Expense | 53.10M | 55.60M | 55.60M | 55.60M | 57.40M | 58.10M | 59.90M | 63.00M | 57.50M | 58.10M | 57.40M | 57.90M |
| Other Income (Expense) | -8.10M | 15.30M | -22.10M | -18.00M | -14.10M | -7.90M | 2.90M | 6.30M | -4.10M | -25.00M | -15.40M | -10.00M |
| Pretax Income | — | — | 741.30M | 1.09B | 1.09B | 752.90M | 750.60M | 967.90M | 972.60M | 550.70M | 614.80M | 796.30M |
| Income Tax | 218.20M | 136.30M | 122.80M | 231.50M | 216.70M | 134.90M | 135.30M | 181.10M | 205.80M | 105.50M | 98.20M | 157.50M |
| Net Income | 925.70M | 584.40M | 591.30M | 847.60M | 874.80M | 604.90M | 604.30M | 772.00M | 755.30M | 436.30M | 504.30M | 626.30M |
| Net Income growth (YoY) | +5.82% | -3.39% | -2.15% | +9.79% | +15.82% | +38.64% | +19.83% | +23.26% | +28.85% | +42.07% | +14.85% | +14.31% |
| EPS (Basic) | 4.19 | 2.64 | 2.66 | 3.81 | 3.92 | 2.70 | 2.68 | 3.42 | 3.33 | 1.92 | 2.20 | 2.74 |
| EPS (Diluted) | 4.16 | 2.62 | 2.64 | 3.78 | 3.89 | 2.67 | 2.65 | 3.39 | 3.30 | 1.90 | 2.17 | 2.72 |
| Shares Outstanding (Basic) | 221.00M | 221.60M | — | 222.60M | 223.20M | 224.40M | — | 225.80M | 226.60M | 227.40M | — | 228.60M |
| Shares Outstanding (Diluted) | 222.50M | 223.10M | — | 224.40M | 225.10M | 226.40M | — | 228.00M | 228.70M | 229.50M | — | 230.60M |
| EBITDA | 1.33B | 877.20M | 909.80M | 1.25B | 1.26B | 918.00M | 904.30M | 1.12B | 1.13B | 725.30M | 775.50M | 956.20M |
| Gross Margin | 35.57% | 34.77% | — | 36.89% | 37.60% | 35.78% | — | 36.29% | 36.47% | 34.63% | — | 33.96% |
| Operating Margin | 19.27% | 15.62% | 15.92% | 20.29% | 20.26% | 17.47% | 16.57% | 18.83% | 19.49% | 15.03% | 15.54% | 17.70% |
| Net Margin | 14.57% | 11.76% | 11.49% | 14.76% | 15.22% | 12.90% | 12.40% | 14.19% | 14.23% | 10.35% | 11.40% | 12.83% |
This table shows 12 quarterly periods of Trane Technologies's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TT's reporting calendar. What is a income statement?