Trane Q2 FY26 GAAP EPS rises 9% to $4.20; revenue increases 11% to $6.35 billion - TT News | RalliesTrane Q2 FY26 GAAP EPS rises 9% to $4.20; revenue increases 11% to $6.35 billion
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TT• Q2 FY26 results and outlook
- Trane Technologies posted Q2 2026 GAAP continuing EPS of $4.20, up 9% year over year.
- Revenue rose 11% to $6.35 billion; GAAP operating income increased 5% to $1.22 billion.
- GAAP operating margin narrowed 1 percentage point to 19.3%; record backlog climbed 70% to $12.1 billion.
- Bookings jumped 39% to $7.82 billion, with book-to-bill at 123%.
- Raised full-year 2026 outlook for GAAP continuing EPS to $15.00-$15.10 on expected reported revenue growth of about 11.5%.
