Trane Technologies TT
NYSE TT
$442.31 +2.64 (+0.60%)
At close: Sep 11, 2026 · 4:00 PM EDT

Trane Technologies (TT) Cost of Revenue (2009 - 2026)

Trane Technologies (TT) posted Cost of Revenue of $4.1 billion for Q2 2026, up 26.3% on a QoQ basis from $3.2 billion in Q1 2026, and up 14.17% year-over-year from $3.6 billion in Q2 2025.

Analysis

Trane Technologies (TT) Cost of Revenue (2009 - 2026) Analysis & Trends

Trane Technologies has reported Cost of Revenue for 18 years, with the latest figure at $4.1 billion in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 14.17% year-over-year to $4.1 billion in Q2 2026; TTM through Jun 2026 was $10.2 billion, a 8.17% increase from a year earlier, with the FY2025 full-year figure at $9.4 billion, up 5.58% from the prior year.
  • Cost of Revenue was $4.1 billion for Q2 2026 at Trane Technologies, 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.
  • Average Cost of Revenue over 5 years is $2.4 billion, with a median of $3.0 billion recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 283.0% in 2022, then slumped 183.73% in 2023.
  • Over 5 years, 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 dropped by 19.2% to -$794.6 million in 2025, then soared by 615.2% to $4.1 billion in 2026.
  • The last three Cost of Revenue figures came in at $4.1 billion (Q2 2026), $3.2 billion (Q1 2026), and -$794.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Trane Technologies 97.32 Bn 96.02 Bn 2.26 Bn 4.09 Bn
2 Johnson Controls International 88.44 Bn 87.84 Bn 2.47 Bn 4.14 Bn
3 Comfort Systems Usa 59.52 Bn 57.67 Bn 844.23 Mn 2.42 Bn
4 Carrier Global 47.35 Bn 46.33 Bn 1.94 Bn 4.41 Bn
5 Lennox International 12.64 Bn 12.59 Bn 539.50 Mn 1.01 Bn
6 Modine Manufacturing 9.98 Bn 9.92 Bn - -
7 SPX Technologies 9.61 Bn 9.44 Bn 272.80 Mn 406.20 Mn
8 Smith A O 7.80 Bn 7.62 Bn 387.80 Mn 616.50 Mn
9 Aaon 6.58 Bn 6.58 Bn 152.49 Mn 474.49 Mn
10 Legence 6.12 Bn 6.21 Bn 220.23 Mn 1.04 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.09 Bn
Mar 31, 2026 3.24 Bn
Dec 31, 2025 -794.60 Mn
Sep 30, 2025 3.62 Bn
Jun 30, 2025 3.59 Bn
Mar 31, 2025 3.01 Bn
Dec 31, 2024 -666.60 Mn
Sep 30, 2024 3.47 Bn
Jun 30, 2024 3.37 Bn
Mar 31, 2024 2.76 Bn
Dec 31, 2023 -453.40 Mn
Sep 30, 2023 3.22 Bn
Jun 30, 2023 3.12 Bn
Mar 31, 2023 2.52 Bn
Dec 31, 2022 541.50 Mn
Sep 30, 2022 2.94 Bn
Jun 30, 2022 2.87 Bn
Mar 31, 2022 2.37 Bn
Dec 31, 2021 -295.90 Mn
Sep 30, 2021 2.52 Bn