Short answer
Trane Technologies (TT) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $6.4B (up 10.6% year over year) with net income of $926M.
Q2 2026 key financials · XBRL
- Revenue
- $6.4B
- +10.6% YoY · +27.9% QoQ
- Net income
- $926M
- +5.8% YoY · +58.4% QoQ
- Operating margin
- 19.3%
- EPS (diluted)
- $4.16
- +7.2% YoY · +58.8% QoQ
Source: XBRL data from the Trane Technologies (TT) Q2 2026 10-Q on SEC EDGAR. USD.
Trane Technologies Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $6,353.5M, up 10.6% YoY from $5,746.4M
- Gross margin 35.6% vs 37.6%; operating margin 19.3% vs 20.3%
- Best segment Americas revenue $5,271.3M, up 12.3%; EBITDA margin 23.5% vs 24.0%
- Worst segment EMEA revenue $697.6M, down 1.5%; EBITDA margin 14.7% vs 18.3%
- Cash $1,318.3M; six-month share repurchases $756.4M and acquisitions/equity investments $742M
- Outlook: strong Commercial HVAC demand; transport refrigeration weakness, tariffs, supply-chain challenges and Middle East conflict risks
Risk Factors
- No risk-factors section provided; supplied text covers equity repurchases, insider trading plans, exhibits, and signatures
- New credit agreement dated April 23, 2026, with JPMorgan Chase Bank as administrative agent
- Share-repurchase liquidity commitment: $4.0 billion remaining under the $5.0 billion authorization
- Capital-allocation risk: approximately $469 million of ordinary shares repurchased during the quarter
- Insider-trading compliance exposure: CEO adopted a Rule 10b5-1 plan covering up to 91,869 shares through December 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Trane Technologies quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.