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
How to read this metric
An increase relative to revenue may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.
Detailed definition
The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...
Peer comparison
In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.
total_cost_of_revenueHistorical Data
| 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% |
Product Breakdown
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Service | $2.82B | $3.09B | $3.41B | $3.83B | $4.19B |
| Total | — | — | — | — | — |
All segment values are derived from annual filings.
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 cost of making the products or providing the services that a company sells.