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

Trane Technologies has reported Cost of Revenue for 18 years, with the latest figure at $3.2 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 7.65% year-over-year to $3.2 billion; the trailing twelve-month figure through Mar 2026 stood at $9.7 billion (up 5.16% YoY), and the FY2025 full-year result was $9.4 billion, up 5.58% from the prior year.
• Cost of Revenue for Q1 2026 stood at $3.2 billion, up from -$794.6 million in the prior quarter.
• The five-year high for Cost of Revenue was $3.6 billion in Q3 2025, with the low at -$794.6 million in Q4 2025.
• Historically, Cost of Revenue has averaged $2.2 billion across 5 years, with a median of $2.9 billion in 2022.
• Annual changes were most pronounced in 2022 — Cost of Revenue rose 19.77% — and 2023, when it tumbled 90.99%.
• Trane Technologies' Cost of Revenue stood at -$237.4 million in 2022, then sank by 90.99% to -$453.4 million in 2023, then sank by 47.02% to -$666.6 million in 2024, then decreased by 19.2% to -$794.6 million in 2025, then jumped by 507.92% to $3.2 billion in 2026.
• The last three Cost of Revenue figures came in at $3.2 billion (Q1 2026), -$794.6 million (Q4 2025), and $3.6 billion (Q3 2025), per Business Quant data.