Cost of Revenue
Total Cost of Revenue
Trane Technologies Total Cost of Revenue decreased by 10.6% to $3.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $3.01B to $3.24B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.
Detailed definition
Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...
Peer comparison
Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.
Metric ID:
total_cost_of_revenueHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.56B | $2.52B | $2.37B | $2.87B | $2.94B | $2.52B | $3.12B | $3.22B | $2.76B | $3.37B | $3.47B | $3.01B | $3.59B | $3.62B | $3.24B |
| QoQ Change | — | -1.7% | -5.9% | +21.1% | +2.5% | -14.2% | +23.7% | +3.3% | -14.5% | +22.4% | +2.8% | -13.1% | +19.1% | +1.1% | -10.6% |
| YoY Change | — | — | — | +12.0% | +16.8% | +6.6% | +8.8% | +9.7% | +9.2% | +8.1% | +7.5% | +9.3% | +6.3% | +4.5% | +7.6% |
Range$2.37B – $3.62B
CAGR+7.0%
Avg YoY Growth+8.9%
Median YoY Growth+8.4%
Product Breakdown
Geographic Breakdown
| Segment | FY'25 |
|---|---|
| Americas | $10.91B |
| EMEA | $1.85B |
| Asia Pacific | $816.40M |
| Total | — |
All segment values are derived from annual filings.
Total Cost of Revenue at Other Companies
Frequently Asked Questions
- What is Trane Technologies's total cost of revenue?
- Trane Technologies (TT) reported total cost of revenue of $3.24B in Q1 2026.
- How has Trane Technologies's total cost of revenue changed year-over-year?
- Trane Technologies's total cost of revenue increased by 7.6% year-over-year, from $3.01B to $3.24B.
- What does total cost of revenue mean?
- The direct costs incurred to produce the goods or services that a company sold during a specific period.