Operating Income
Gross Profit
Trane Technologies Gross Profit decreased by 18.4% to $1.73B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $1.68B to $1.73B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
is_gross_profitHistorical 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 | $1.27B | $1.20B | $989.00M | $1.32B | $1.43B | $1.14B | $1.58B | $1.66B | $1.46B | $1.94B | $1.97B | $1.68B | $2.16B | $2.12B | $1.73B |
| QoQ Change | — | -5.2% | -17.9% | +33.8% | +8.3% | -20.2% | +38.6% | +4.7% | -12.0% | +32.6% | +2.0% | -15.0% | +28.8% | -2.0% | -18.4% |
| YoY Change | — | — | — | +4.1% | +19.0% | +15.6% | +19.7% | +15.7% | +27.7% | +22.2% | +19.1% | +14.9% | +11.6% | +7.3% | +3.0% |
Range$989.00M – $2.16B
CAGR+9.2%
Avg YoY Growth+15.0%
Median YoY Growth+15.7%
Current Streak2 quarters decline
Gross Profit at Other Companies
Frequently Asked Questions
- What is Trane Technologies's gross profit?
- Trane Technologies (TT) reported gross profit of $1.73B in Q1 2026.
- How has Trane Technologies's gross profit changed year-over-year?
- Trane Technologies's gross profit increased by 3.0% year-over-year, from $1.68B to $1.73B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.