Form 10-Q · Quarterly report
Trane Technologies 10-Q, filed Jul 30, 2026
- Filed
- CIK
- 0001466258
- Accession no.
- 0001628280-26-051117
Summary
Trane Technologies reported second-quarter 2026 net revenues of $6.35 billion, up 10.6% from a year earlier, and net earnings of $935.3 million. It acquired Stellar Energy Americas, a data-center cooling provider, on February 17, 2026, and bought the remaining interest in LiquidStack during the first half of 2026.
Key points
- Net revenues rose 10.6% year over year to $6.35 billion, driven by 8.7% volume growth and 0.3% pricing.
- Gross profit margin fell 200 basis points to 35.6%, attributed to inflation and investments partly offset by productivity and price realization.
- Trane acquired Stellar Energy Americas, a provider of turnkey data-center cooling solutions, on February 17, 2026.
- Trane also acquired all remaining interest in LiquidStack and a 49% interest in Kieback&Peter, plus several transport refrigeration distributors and an exclusive Trane sales channel in EMEA.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2 – Management's Discussion Overview Organizational Trane Technologies plc is a global climate innovator. We bring sustainable and efficient solutions to buildings, homes and transportation through our strategic brands, Trane® and Thermo King®, and our environmentally responsible portfolio of products, services and connected intelligent controls. 2030 Sustainability Commitments Our commitment to sustainability extends to the environmental and social impacts of our people, operations, products and services. …
An excerpt of the text as filed with the SEC, cut for length.
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