Trane Tech Q1: organic bookings +24%, record $10.7B backlog; raises FY guidance

Trane Technologies plc

2026-Q1 EPS reported $2.62 revenue$4,969,400,000

Organic bookings up 24% YoY; Americas Commercial HVAC bookings up ~40%.
Record backlog of $10.7B, up >30% vs year-end 2025; Americas Commercial HVAC up >40%.
Reported revenue $5B (+6%); organic revenue +3%; GAAP EPS $2.66; adjusted EPS $2.63 (+7%).
Full-year revenue and EPS guidance raised to reflect strong demand and backlog.
Management cites strong execution and demand environment across commercial and residential.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Trane Technologies plc reported first quarter 2026 results: revenue $5 billion, EPS GAAP continuing EPS of $2.66; adjusted continuing EPS* of $2.63, up 7 percent. Guidance raised.

Period: first quarter 2026
Revenue: $5 billion
EPS: GAAP continuing EPS of $2.66; adjusted continuing EPS* of $2.63, up 7 percent
Guidance: raised
Result: reported results

Exact text from the filing

Trane Technologies Reports Strong First Quarter Results; Raises Full-Year Revenue and EPS Guidance Highlights (first-quarter 2026 versus first-quarter 2025, unless otherwise noted): l Organic bookings* up 24 percent, led by Americas Commercial HVAC, up approximately 40 percent l Record backlog of $10.7 billion, up over 30 percent versus year-end 2025; Americas Commercial HVAC up over 40 percent l Reported revenues of $5 billion, up 6 percent; organic revenues* up 3 percent l GAAP continuing EPS of $2.66; adjusted continuing EPS* of $2.63, up 7 percent

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Source: SEC EDGAR

accession 0001628280-26-028547

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