TT · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

Trane Technologies plc · 2026-10-29 · Importance 54 · Surprise 40 · In source text

Third-quarter 2026 net revenue increased 17.7% year over year to $6,759.7 million, up $1,017.2 million. Volume contributed 15.7 percentage points and pricing 0.5 points, while acquisitions contributed 1.6 points and currency translation reduced growth by 0.1 point. For the first nine months of 2026, revenue rose 11.8% to $18,082.6 million, driven by 9.1% volume growth, 0.8% pricing, 1.3% acquisitions and 0.6% favorable currency translation.

Key facts

• Trane Technologies’ third-quarter 2026 net revenues increased 17.7%, or $1,017.2 million, compared with the third quarter of 2025. source
• Third-quarter 2026 consolidated revenue change comprised 15.7% volume, 0.5% pricing, 16.2% organic revenue, 1.6% acquisitions and negative 0.1% currency translation, for a total increase of 17.7%. source
• Trane Technologies’ nine-month 2026 net revenues increased 11.8%, or $1,905.2 million, compared with the same period in 2025. source
• Nine-month 2026 consolidated revenue change comprised 9.1% volume, 0.8% pricing, 9.9% organic revenue, 1.3% acquisitions and 0.6% currency translation, for a total increase of 11.8%. source
• Trane Technologies expects substantial resources invested in product and service innovation and development to drive future growth. source
• Third-quarter 2026 revenue growth was primarily driven by higher volumes from stronger end-customer demand across all segments, price increases and incremental acquisition revenue. source
• Nine-month 2026 revenue growth was primarily driven by higher end-customer demand in the Americas and Asia, price increases, acquisitions and favorable foreign-currency translation. source

Impact estimates