Q2 FY2026 EarningsQ2 FY26 delivered a strong beat on the top and bottom lines, with revenue of $6.35B vs. $6.20B expected and adjusted EPS of $4.31 exceeding the $4.26 consensus. Record bookings of $7.8B (up 37% organic) and a $12.1B backlog were driven by 50% growth in Americas Commercial HVAC. Although adjusted operating margins contracted 60 bps YoY to 19.7%, management raised full-year 2026 organic revenue growth guidance to ~9% and adjusted EPS to $15.20-$15.30, signaling robust AI-driven data center and sustainability demand.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Trane Tech(TT) the Revenue is 6.354 B (+10.56%), Beat estimate;the EBIT is 1.253 B (+7.42%), Beat estimate;the EPS is 4.16 (+6.94%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
6.35B10.56%
6.20B7.83%
+0.16B2.73%
EBITExceed expectations
1.25B7.42%
1.25B7.39%
+0.00B0.03%
EPSMiss expectations
4.166.94%
4.24929.23%
-0.08922.29%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf