Trane Technologies plc (NYSE:TT) filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 29, 2026, reporting third-quarter net revenues of $6,759.7 million and nine-month net revenues of $18,082.6 million.

Key Highlights

  • Q3 2026 net revenues: $6,759.7 million, compared with $5,742.5 million in Q3 2025, according to the filing.
  • Q3 2026 operating income: $1,343.1 million, up from $1,165.3 million in the prior-year quarter, as reported.
  • Q3 2026 diluted EPS from continuing operations: $4.79, versus $3.82 in Q3 2025, per the filing.
  • Nine-month net earnings attributable to Trane Technologies plc: $2,558.8 million, compared with $2,327.3 million for the same period in 2025.
  • Total assets at September 30, 2026: $23,890.2 million, up from $21,420.7 million at December 31, 2025.
  • Ordinary shares outstanding as of October 23, 2026: 218,895,337.

Trane Technologies Third-Quarter and Nine-Month 2026 Financial Results

According to the filing, Trane Technologies plc reported Q3 2026 net revenues of $6,759.7 million, an increase from $5,742.5 million in the third quarter of 2025. Cost of goods sold for the quarter was $4,374.9 million, and selling and administrative expenses were $1,041.7 million, resulting in operating income of $1,343.1 million. After interest expense of $52.4 million and a net other expense of $5.4 million, earnings before income taxes were $1,285.3 million. The provision for income taxes was $219.9 million, leaving earnings from continuing operations at $1,065.4 million for the quarter.

For the nine months ended September 30, 2026, the filing disclosed net revenues of $18,082.6 million and operating income of $3,343.5 million. Net earnings attributable to Trane Technologies plc for the nine-month period were $2,558.8 million, or $11.51 diluted earnings per share, compared with $2,327.3 million, or $10.33 diluted earnings per share, for the same period in 2025. Discontinued operations contributed a net loss of $31.0 million for the nine months ended September 30, 2026, the filing noted.

The condensed consolidated balance sheet as of September 30, 2026, showed total assets of $23,890.2 million, compared with $21,420.7 million at December 31, 2025. Goodwill increased to $7,078.5 million from $6,457.0 million over the same period. Long-term debt stood at $3,924.5 million at September 30, 2026. Total equity was reported at $9,132.8 million, versus $8,600.9 million at December 31, 2025. The filing also disclosed that during the first quarter of 2026, the company repurchased ordinary shares for $287.3 million and declared dividends of $232.4 million to common shareholders.

What Was Disclosed

Trane Technologies plc filed its quarterly report covering the period ended September 30, 2026, disclosing income statements, a balance sheet, statements of equity and cash flows, and related notes, with 218,895,337 ordinary shares outstanding as of October 23, 2026.