Trane Technologies (TT) Operating Expenses (2009 - 2026)

Trane Technologies has reported Operating Expenses for 18 years, with the latest figure at $952.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 10.88% year-over-year to $952.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.8 billion (up 6.18% YoY), and the FY2025 full-year result was $3.7 billion, up 4.54% from the prior year.
• Operating Expenses for Q1 2026 stood at $952.0 million, up from $934.9 million in the prior quarter.
• The five-year high for Operating Expenses was $996.4 million in Q2 2025, with the low at $600.8 million in Q1 2022.
• Historically, Operating Expenses has averaged $810.8 million across 5 years, with a median of $826.1 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses fell 1.11% — and 2024, when it grew 28.94%.
• Trane Technologies' Operating Expenses stood at $638.9 million in 2022, then rose by 22.66% to $783.7 million in 2023, then climbed by 15.25% to $903.2 million in 2024, then increased by 3.51% to $934.9 million in 2025, then gained by 1.83% to $952.0 million in 2026.
• The last three Operating Expenses figures came in at $952.0 million (Q1 2026), $934.9 million (Q4 2025), and $952.9 million (Q3 2025), per Business Quant data.