Trane Technologies (TT) Operating Expenses (2009 - 2026)
Trane Technologies (TT) posted quarterly Operating Expenses of $1.0 billion for Q2 2026, up 3.91% year-over-year from $996.4 million in Q2 2025, and up 8.76% quarter-over-quarter from $952.0 million in Q1 2026.
Trane Technologies (TT) Operating Expenses (2009 - 2026) Analysis & Trends
Trane Technologies' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.0 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 3.91% year-over-year to $1.0 billion; the TTM figure through Jun 2026 stood at $3.9 billion (up 4.51% YoY), while the FY2025 annual figure was $3.7 billion, up 4.54% from the prior year.
- Operating Expenses for Q2 2026 stood at $1.0 billion, up from $952.0 million in the prior quarter.
- The five-year high for Operating Expenses was $1.0 billion in Q2 2026, with the low at $600.8 million in Q1 2022.
- The 5-year median for Operating Expenses is $842.4 million (2024), against an average of $823.3 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses declined 1.11% in 2022, then climbed 28.94% in 2024.
- 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 climbed by 10.75% to $1.0 billion in 2026.
- Business Quant data shows TT's Operating Expenses at $1.0 billion in Q2 2026, $952.0 million in Q1 2026, and $934.9 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 1.04 Bn |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 1.49 Bn |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 5.58 Bn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 397.00 Mn |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 210.70 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 183.10 Mn |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 311.00 Mn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 130.82 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 15.80 Mn |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 93.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.04 Bn |
| Mar 31, 2026 | 952.00 Mn |
| Dec 31, 2025 | 934.90 Mn |
| Sep 30, 2025 | 952.90 Mn |
| Jun 30, 2025 | 996.40 Mn |
| Mar 31, 2025 | 858.60 Mn |
| Dec 31, 2024 | 903.20 Mn |
| Sep 30, 2024 | 949.80 Mn |
| Jun 30, 2024 | 901.30 Mn |
| Mar 31, 2024 | 826.10 Mn |
| Dec 31, 2023 | 783.70 Mn |
| Sep 30, 2023 | 793.90 Mn |
| Jun 30, 2023 | 699.00 Mn |
| Mar 31, 2023 | 686.70 Mn |
| Dec 31, 2022 | 638.90 Mn |
| Sep 30, 2022 | 693.30 Mn |
| Jun 30, 2022 | 612.80 Mn |
| Mar 31, 2022 | 600.80 Mn |
| Dec 31, 2021 | 605.80 Mn |
| Sep 30, 2021 | 620.80 Mn |