Trane Technologies plc Posts Solid Q1 Results and Upgrades Full-year Revenue and EPS Outlook
- brg_news_room
- May 4
- 1 min read
USA: Trane Technologies plc reported its financial performance for the first quarter of 2026, highlighting steady earnings growth and strong demand across key segments.
The company recorded GAAP diluted earnings per share (EPS) from continuing operations of $2.66, while adjusted EPS stood at $2.63, reflecting a 7% increase year-on-year. Revenue reached $5 billion, marking a 6% rise, with organic revenue growth of 3%.
Organic bookings increased significantly by 24%, driven primarily by robust performance in the Americas Commercial HVAC segment, which grew by approximately 40%. The company also reported a record backlog of $10.7 billion, representing an increase of over 30% compared to the end of 2025, supported by continued strength in the Americas Commercial HVAC business, where backlog expanded by more than 40%.
Source: Trane technologies
