Trane Technologies (TT) Cost of Revenue (2009 - 2026)
Trane Technologies (TT) posted quarterly Cost of Revenue of $4.1 billion for Q2 2026, up 14.17% year-over-year from $3.6 billion in Q2 2025, and up 26.3% quarter-over-quarter from $3.2 billion in Q1 2026.
Trane Technologies (TT) Cost of Revenue (2009 - 2026) Analysis & Trends
Trane Technologies' Cost of Revenue history runs 18 years deep, the most recent figure standing at $4.1 billion for Q2 2026.
- In Q2 2026, Cost of Revenue rose 14.17% year-over-year to $4.1 billion; the TTM figure through Jun 2026 stood at $10.2 billion (up 8.17% YoY), while the FY2025 annual figure was $9.4 billion, up 5.58% from the prior year.
- Cost of Revenue for Q2 2026 stood at $4.1 billion, up from $3.2 billion in the prior quarter.
- The five-year high for Cost of Revenue was $4.1 billion in Q2 2026, with the low at -$794.6 million in Q4 2025.
- The 5-year median for Cost of Revenue is $3.0 billion (2022), against an average of $2.4 billion.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 283.0% in 2022, then slumped 183.73% in 2023.
- Trane Technologies' Cost of Revenue stood at $541.5 million in 2022, then tumbled by 183.73% to -$453.4 million in 2023, then tumbled by 47.02% to -$666.6 million in 2024, then decreased by 19.2% to -$794.6 million in 2025, then jumped by 615.2% to $4.1 billion in 2026.
- Business Quant data shows TT's Cost of Revenue at $4.1 billion in Q2 2026, $3.2 billion in Q1 2026, and -$794.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn | 4.09 Bn |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn | 4.14 Bn |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn | 4.41 Bn |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn | 1.00 Bn |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn | 1.12 Bn |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn | 1.01 Bn |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 1.96 Bn |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn | 593.07 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn | 406.20 Mn |
| 10 | Armstrong World Industries | 7.60 Bn | 7.52 Bn | 195.00 Mn | 277.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.09 Bn |
| Jun 30, 2026 | 4.09 Bn |
| Mar 31, 2026 | 3.24 Bn |
| Mar 31, 2026 | 3.24 Bn |
| Dec 31, 2025 | -6.04 Bn |
| Dec 31, 2025 | -6.04 Bn |
| Sep 30, 2025 | 3.62 Bn |
| Sep 30, 2025 | 3.62 Bn |
| Jun 30, 2025 | 3.59 Bn |
| Jun 30, 2025 | 3.59 Bn |
| Mar 31, 2025 | 3.01 Bn |
| Mar 31, 2025 | 3.01 Bn |
| Dec 31, 2024 | -5.76 Bn |
| Dec 31, 2024 | -5.76 Bn |
| Sep 30, 2024 | 3.47 Bn |
| Sep 30, 2024 | 3.47 Bn |
| Jun 30, 2024 | 3.37 Bn |
| Jun 30, 2024 | 3.37 Bn |
| Mar 31, 2024 | 2.76 Bn |
| Mar 31, 2024 | 2.76 Bn |