Trane Technologies's results for Q3 2026 (quarter ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-29. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $6,760 million (+17.7% vs a year earlier) |
| Diluted EPS (GAAP) | $4.79 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $4.86 |
| Full-year guidance | Raised |
Guidance
Trane raised 2026 revenue guidance to about 13.5% reported (about 11% organic) growth and reaffirmed adjusted EPS of $15.20–15.30.
Why this label: Headline 'Raises Full-Year Revenue Guidance, Reaffirms Full-Year EPS Guidance': reported revenue growth ~13.5%; adjusted EPS $15.20-15.30 reaffirmed; no core item lowered.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| reported revenue growth | FY2026 | approximately 13.5% | not stated |
| organic revenue growth | FY2026 | approximately 11% | not stated |
| GAAP continuing EPS | FY2026 | approximately $15.00–15.10 (incl. $0.20 non-GAAP adjustments) | not stated |
| adjusted continuing EPS | FY2026 | $15.20–15.30 | not stated |
From the release
Revenue: "Net Revenues · $6,760 · $5,743 · 18% · 16%"
Earnings per share: "today reported diluted earnings per share (EPS) from continuing operations of $4.79 for the third quarter of 2026. Adjusted continuing EPS was $4.86, up 25 percent."
reported revenue growth: "The Company expects full-year 2026 reported revenue growth of approximately 13.5 percent and organic revenue growth of approximately 11 percent versus full-year 2025."
organic revenue growth: "The Company expects full-year 2026 reported revenue growth of approximately 13.5 percent and organic revenue growth of approximately 11 percent versus full-year 2025."
GAAP continuing EPS: "The Company expects GAAP continuing EPS for full-year 2026 of approximately $15.00 to $15.10, including $0.20 for non-GAAP adjustments."
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Backlog up 73% to $12.5 billion; revenue up 18%; full-year revenue guidance raised.
Source
Trane Technologies earnings release (SEC filing), accession 0001466258-26-000001, filed 2026-10-29.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.