AI-extracted from the 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 net revenues rose 10.6% to $6,353.5 million on 8.7% volume growth, but gross margin fell 200 basis points to 35.6% on inflation and investments.
Biggest Revenue Drivers
Americas$5,271.3M+12.3% YoY
Higher volumes led by strong demand within Commercial HVAC and Residential businesses and realization of price increases
EMEA$697.6M-1.5% YoY
Lower volumes within Transport refrigeration and from the conflict in the Middle East, partially offset by Commercial HVAC in Europe
Biggest Revenue Drivers
Total revenue: $6,353.5M+10.6% YoY
Americas$5,271.3M+12.3% YoY
Higher volumes led by strong demand within Commercial HVAC and Residential businesses and realization of price increases
Within Americas
Americas Equipment$3,565.3M
Americas Services$1,706.0M
EMEA$697.6M-1.5% YoY
Lower volumes within Transport refrigeration and from the conflict in the Middle East, partially offset by Commercial HVAC in Europe
Asia Pacific$384.6M+11.1% YoY
Increase in organic revenue primarily driven by higher volumes
Largest Expense Items
Cost of goods sold$4,093.8M64.4% of revenues vs 62.4%
Inflation and investments, partially offset by productivity and price realization
Selling and administrative expenses$1,035.4M+3.9% YoY
Human capital costs, higher sales commissions, acquired businesses and higher business reinvestment
Interest expense$53.1M-$4.3M YoY
Provision for income taxes$218.2Meffective rate 18.8% vs 19.8%
Margins: Gross profit margin fell 200 basis points to 35.6% on inflation and investments, partially offset by productivity and price realization. Total Segment Adjusted EBITDA margin declined to 22.4% from 23.2%.
Watch Items from the Filing
EMEA Segment Adjusted EBITDA margin fell 360 basis points to 14.7% on acquisition integration costs, inflation and lower volumes; organic revenue declined 3.7%.
Aldrich/Murray asbestos bankruptcy unresolved; plan would fund a trust with $545.0 million. First phase of the liability estimation hearing begins the week of August 10, 2026.
Data center cooling push: acquired Stellar Energy for $553.4 million gross consideration plus $314.8 million of other deals; goodwill rose to $7,031.9 million.
Holders may elect to put up to $256.0 million of debentures in October 2026 for November settlement; $400.0 million of commercial paper outstanding.
Repurchased $756.4 million of shares in the first half with $4.0 billion remaining; dividend raised 12% to $1.05 per share quarterly.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
de Jesus Assis Ana PaulaDirectorGrant or award · Jun 5, 2026
Congress trading in TT
29 transactions in TT reported by 9 members of Congress under the STOCK Act, most recent trade May 12, 2025. Reported transactions, not recommendations.
About Trane Technologies plc (TT): stock profile, AI score and financials
Trane Technologies plc (TT) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores TT at 69.0/100 on a composite quality score built from its SEC filings, placing it at rank #277 of 2,925 stocks — the top 10% of the AI-ranked universe. Based on the latest XBRL financial filings (Q2 2026), Trane Technologies plc reports quarterly revenue of $6.4B, net income of $925.7M, an operating margin of 19.3%. TT trades on the NYSE exchange and files with the SEC under CIK 1466258. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Trane Technologies plc directly from SEC EDGAR.