Oct 29, 6:40 AM ET
Trane Technologies reported third-quarter 2026 net revenues of $6.8 billion, representing an 18 percent increase year-over-year, alongside GAAP continuing EPS of $4.79 and adjusted continuing EPS of $4.86. Driven by strong demand and a backlog reaching $12.5 billion, the company raised its full-year 2026 reported revenue growth guidance to approximately 13.5 percent while reaffirming its full-year EPS guidance.
- Third-quarter reported revenues reached $6.8 billion, up 18 percent compared with $5.7 billion in the third quarter of 2025.
- GAAP continuing EPS was $4.79 and adjusted continuing EPS was $4.86, both increasing 25 percent year-over-year.
- Total backlog stood at $12.5 billion as of the end of the third quarter of 2026, up 73 percent.
- Full-year 2026 reported revenue growth guidance was raised to approximately 13.5 percent.
Read the filing on SEC.gov ↗
Jul 30, 6:00 AM ET
Trane Technologies reported second-quarter 2026 revenue of $6.4 billion, up 11 percent, and GAAP continuing EPS of $4.20 versus $3.87 a year earlier. The company raised its full-year 2026 revenue and EPS guidance, citing strong commercial HVAC demand and a record backlog of $12.1 billion.
- Q2 2026 net revenues $6,354 million, up 11 percent; organic revenues up 9 percent
- Adjusted continuing EPS $4.31, up 11 percent from $3.88; GAAP continuing EPS $4.20 versus $3.87
- Full-year 2026 adjusted continuing EPS guidance raised to $15.20 to $15.30; GAAP EPS guidance $15.00 to $15.10
- Record backlog of $12.1 billion; EMEA adjusted operating margin fell 420 basis points to 13.1 percent
Read the filing on SEC.gov ↗
Jul 22, 5:06 PM ET
Trane Technologies said its Senior Vice President and Chief Global Integrated Supply Chain Officer, Mingxiao (Gary) Guo, will leave the company effective August 1, 2026, under a separation agreement. The filing says the departure is not the result of any disagreement with the company on operations, policies, practices, controls or financial matters.
- Mingxiao (Gary) Guo's departure is effective August 1, 2026; the decision was made July 20, 2026.
- Under the separation agreement, the company is forgoing the clawback of certain sign-on bonus payments made to Mr. Guo.
- The filing states the departure is not due to any disagreement on operations, policies, practices, controls or financial matters.
- The filing does not name a successor.
Read the filing on SEC.gov ↗
Jun 10, 6:16 AM ET
Trane Technologies appointed Donald (Donny) Simmons, currently Group President, Americas, as Executive Vice President and Chief Operating Officer effective July 1, 2026, reporting to Chair and CEO Dave Regnery. The filing sets his base salary at $950,000 and his annual equity award target at $4,300,000, and says the role will oversee the company's regional business units and operations.
- Simmons, age 55, has been Group President, Americas since January 2024 and is a 25-year company veteran, according to the press release.
- Offer letter dated June 5, 2026 sets a $950,000 base salary, a 100% Annual Incentive Matrix Program target and a $4,300,000 annual equity award target.
- One-time long-term equity grant of $400,000 in restricted stock units and $400,000 in stock options, each vesting ratably over three years.
- Announced in an 8-K and press release dated June 10, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
