Filing Flows › Trane Technologies (TT) › Q3 2026
Trane Technologies (TT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Trane Technologies (TT) reported revenue of $6.8B for the third quarter 2026 (Q3 2026), +18% from a year earlier and +6% from the quarter before. Operating margin was 19.9%, net earnings $1.0B (15.5% of revenue).
Trane Technologies, Q3 2026: revenue $6.8B (+18% year over year), operating margin 19.9%, net earnings $1.0B, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.8B | +6% | +18% |
| Operating profit | $1.3B | +10% | +15% |
| Net earnings | $1.0B | +13% | +24% |
| Operating cash flow | $1.3B | +21% | +31% |
| Free cash flow | $1.2B | +19% | +29% |
What changed
Revenue was $6.8B in Q3 2026, up 18% year over year and up 6% from the previous quarter.
Operating profit was $1.3B, a 19.9% margin (down 0.4 points year over year). Of the extra revenue versus Q3 2025, 17% reached operating profit, below the 20% margin then. Total costs grew 18% against revenue growth of 18%. The fastest-growing cost line was Cost of revenue (+21%). Net earnings were $1.0B, up 24% year over year. The effective tax rate was 17.3%.
Operating cash flow was $1.3B (up 31% year over year), 125% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.13B. Capital expenditures of $0.11B left free cash flow of $1.2B.
Questions
What was Trane Technologies' revenue in the third quarter 2026?
Trane Technologies (TT) reported revenue of $6.8B for the third quarter 2026 (Q3 2026), +18% from a year earlier and +6% from the quarter before.
Was Trane Technologies profitable in the third quarter 2026?
Operating profit was $1.3B (19.9% of revenue) and net earnings $1.0B.
Source: Trane Technologies 10-Q on SEC EDGAR.