Trane Technologies (TT) delivered mixed results in Q2 FY2026 on revenue of $6.4B versus the $6.2B estimate (+10.6% YoY) and EPS of $4.31. The next Trane Technologies (TT) earnings date is Oct 29, 2026. Below is the full Trane Technologies earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
$6.4B (vs $6.2B est · +2.5% surprise · +10.6% YoY)
EPS
$4.31 (vs $4.27 est · +0.9% surprise · +5.9% YoY)
Share price
$452.96 (-0.1%)
Market cap
$99.7B
Trane Technologies (TT) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$6.4B vs $6.2B est
$4.31 vs $4.27 est
+0.9%
+1.8%
Mixed
Q2 FY2026
$5.0B vs $4.8B est
$2.63 vs $2.53 est
+4.0%
+1.5%
Beat
Q1 FY2026
$5.1B vs $5.1B est
$2.86 vs $2.81 est
+1.8%
+6.7%
In line
Q4 FY2025
$5.7B vs $5.8B est
$3.88 vs $3.80 est
+2.1%
+5.0%
Mixed
Q3 FY2025
$5.7B vs $5.8B est
$3.88 vs $3.79 est
+2.4%
-7.0%
Mixed
Q2 FY2025
$4.7B vs $4.5B est
$2.45 vs $2.20 est
+11.4%
+11.1%
Beat
Q1 FY2025
$4.9B vs $4.8B est
$2.61 vs $2.52 est
+3.6%
-0.3%
Mixed
Q4 FY2024
$5.4B vs $5.3B est
$3.37 vs $3.25 est
+3.7%
-5.2%
Beat
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
9.8%
21.9M
$10.7B
+1.1%
Vanguard Capital Management LLC
6.5%
14.4M
$7.1B
+0.4%
Jpmorgan Chase & CO
5.6%
12.6M
$6.0B
-24.9%
Fmr LLC
4.5%
10.1M
$5.0B
+2.2%
State Street Corp
4.5%
10.1M
$4.9B
-0.3%
Morgan Stanley
2.4%
5.4M
$2.7B
+2.1%
Geode Capital Management, LLC
2.3%
5.2M
$2.5B
+0.2%
Vanguard Portfolio Management LLC
1.6%
3.6M
$1.8B
+1.6%
Franklin Resources INC
1.5%
3.3M
$1.6B
+54.0%
Nuveen, LLC
1.4%
3.0M
$1.5B
+7.1%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Regnery David S
director, officer: Chair and CEO
2026-08-05
Buy
44K
$3.1M
Regnery David S
director, officer: Chair and CEO
2026-08-05
Sell
44K
$20.8M
Regnery David S
director, officer: Chair and CEO
2026-08-05
Sell
44K
$3.1M
Schaeffer Melissa N.
director
2026-08-04
Sell
145
$68479
Simmons Donald E.
officer: EVP & Chief Operating Officer
2026-07-01
Buy
826
—
Simmons Donald E.
officer: EVP & Chief Operating Officer
2026-07-01
Buy
3K
$1.5M
HAYES JOHN A
director
2026-06-05
Buy
438
—
HAYES JOHN A
director
2026-06-05
Sell
112
$51166
What you'll find
Next Trane Technologies (TT) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Trane Technologies reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Trane Technologies (TT)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Trane Technologies's next earnings date?
Trane Technologies's (TT) next scheduled earnings date is Oct 29, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Trane Technologies (TT) beat or miss earnings?
In Q2 FY2026, Trane Technologies (TT) posted mixed results — revenue of $6.4B versus the $6.2B estimate (+2.5% surprise) and EPS of $4.31 versus $4.27 expected (+0.9% surprise). Magnisto decodes every Trane Technologies (TT) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Trane Technologies beat earnings estimates?
Over its last 8 reported quarters, Trane Technologies (TT) beat Wall Street EPS estimates 6 times, most recently a mixed result in Q3 FY2026. Magnisto tracks every Trane Technologies (TT) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Trane Technologies stock move after earnings?
Over its last 8 quarterly reports, Trane Technologies (TT) moved an average of ±4.8% the day after earnings — ranging from -7.0% (Q3 FY2025) to +11.1% (Q2 FY2025). The stock rose after 5 of those 8 reports and fell after 3. Heading into its next report on Oct 29, 2026, options-implied volatility is pricing in a move of roughly ±14.1% (derived). Magnisto tracks the realized post-earnings move for every Trane Technologies (TT) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Trane Technologies?
Institutions hold about 159.8% of Trane Technologies's (TT) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (9.8%), Vanguard Capital Management LLC (6.5%), Jpmorgan Chase & CO (5.6%). Magnisto lists Trane Technologies's (TT) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Trane Technologies (TT)?
In the most recent Form 4 filings Magnisto tracks, Trane Technologies (TT) insiders recorded 7 purchases and 5 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Trane Technologies (TT) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Trane Technologies (TT), anchored to the current $452.96 share price, so you can weigh the bull, base and bear cases for Trane Technologies side by side.
Is Trane Technologies (TT) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Trane Technologies fits your own thesis and risk profile. This is research, not investment advice.