Trane Technologies raises 2026 guidance after strong second-quarter results
Filed with the SEC on · Summarized by InvestorsBot
Trane Technologies reported second-quarter 2026 revenue of $6.4 billion, up 11% year over year, with GAAP continuing EPS of $4.20 and adjusted continuing EPS of $4.31, up 11%; bookings rose 39% to $7.8 billion and backlog reached a record $12.1 billion. On July 30, 2026, the company raised its full-year outlook to approximately 11.5% reported revenue growth, 9% organic revenue growth, GAAP continuing EPS of $15.00-$15.10 and adjusted continuing EPS of $15.20-$15.30, although overall operating margins declined from the prior-year quarter.