Trane Technologies Q2 2026 revenue up 11%, EPS $4.20; raises full-year guidance
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
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