Filing Flows › Trane Technologies (TT) › How it makes money
How Trane Technologies (TT) makes money
Trane Technologies (TT) made $6.8B of revenue in the third quarter 2026 (Q3 2026), +18% from a year earlier. Of every dollar of revenue, 20¢ was left as operating profit, 16¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $6.8B | 100.0% |
| Operating profit | $1.3B | 19.9% |
| Income tax | $220M | 3.3% |
| Net earnings | $1.0B | 15.5% |
| Operating cash flow | $1.3B | 19.4% |
| Free cash flow | $1.2B | 17.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $6.8B | +18% |
| Q2 2026 | $6.4B | +11% |
| Q1 2026 | $5.0B | +6% |
| Q4 2025 | $5.1B | +6% |
| Q3 2025 | $5.7B | +6% |
| Q2 2025 | $5.7B | +8% |
| Q1 2025 | $4.7B | +11% |
From Trane Technologies' 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does Trane Technologies make money?
Trane Technologies (TT) made $6.8B of revenue in the third quarter 2026 (Q3 2026), +18% from a year earlier. Of every dollar of revenue, 20¢ was left as operating profit, 16¢ was left as net earnings.
What is Trane Technologies' profit margin?
Net earnings were $1.0B, 15.5% of revenue, in the third quarter 2026; the operating margin was 19.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.