Trane Technologies Product — Net revenues decreased by 9.8% to $3.31B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.0%, from $3.24B to $3.31B. Over 3 years (FY 2021 to FY 2025), Product — Net revenues shows an upward trend with a 13.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates strong market demand and successful product sales execution, while a decrease may signal market saturation, competitive pressure, or a shift in customer preference toward services.
This metric represents the total gross revenue generated from the sale of physical equipment and hardware within a speci...
Comparable to 'Product Revenue' or 'Equipment Sales' reported by other industrial manufacturing peers in the HVAC and climate control sectors.
tt_segment_product_net_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.37B | $2.37B | $2.37B | $2.95B | $2.47B | $3.26B | $3.26B | $2.99B | $2.84B | $3.63B | $3.60B | $3.24B | $3.17B | $3.83B | $3.67B | $3.31B |
| QoQ Change | — | +0.0% | +0.0% | +24.3% | -16.4% | +32.2% | -0.0% | -8.4% | -4.9% | +27.8% | -0.7% | -9.9% | -2.2% | +20.9% | -4.3% | -9.8% |
| YoY Change | — | — | — | +24.3% | — | — | +10.5% | — | +15.1% | +11.3% | +10.5% | +8.6% | +11.7% | +5.7% | +1.8% | +2.0% |