Products & Services · Net revenues

Product — Net revenues

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.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2025
Rolls up toTotal Revenue

How to read this metric

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.

Detailed definition

This metric represents the total gross revenue generated from the sale of physical equipment and hardware within a speci...

Peer comparison

Comparable to 'Product Revenue' or 'Equipment Sales' reported by other industrial manufacturing peers in the HVAC and climate control sectors.

Metric ID: tt_segment_product_net_revenues

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '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%
Range$2.37B$3.83B
CAGR+9.2%
Avg YoY Growth+10.1%
Median YoY Growth+10.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Trane Technologies's product — net revenues?
Trane Technologies (TT) reported product — net revenues of $3.31B in Q4 2025.
How has Trane Technologies's product — net revenues changed year-over-year?
Trane Technologies's product — net revenues increased by 2.0% year-over-year, from $3.24B to $3.31B.
What is the long-term trend for Trane Technologies's product — net revenues?
Over 3 years (2021 to 2025), Trane Technologies's product — net revenues has grown at a 13.8% compound annual growth rate (CAGR), from $9.50B to $13.98B.
What does product — net revenues mean?
The total amount of money earned from selling physical products within this specific business segment.