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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.35B | $4.97B | $5.14B | $5.74B | $5.75B | $4.69B | $4.87B | $5.44B |
| Cost of revenue | $4.09B | $3.24B | $3.39B | $3.62B | $3.59B | $3.01B | $3.16B | $3.47B |
| Gross profit | $2.26B | $1.73B | $1.75B | $2.12B | $2.16B | $1.68B | $1.71B | $1.97B |
| Gross margin | 35.6% | 34.8% | 34.1% | 36.9% | 37.6% | 35.8% | 35.1% | 36.3% |
| Selling, general and administrative | $1.04B | $952.00M | $934.90M | $952.90M | $996.40M | $858.60M | $903.20M | $949.80M |
| Operating expenses | $1.04B | $952.00M | $934.90M | $952.90M | $996.40M | $858.60M | $903.20M | $949.80M |
| Operating income | $1.22B | $776.10M | $819.00M | $1.17B | $1.16B | $818.90M | $807.60M | $1.02B |
| Operating margin | 19.3% | 15.6% | 15.9% | 20.3% | 20.3% | 17.5% | 16.6% | 18.8% |
| EBITDA | $1.33B | $877.20M | $909.80M | $1.25B | $1.26B | $918.00M | $904.30M | $1.12B |
| Interest expense | −$53.10M | −$55.60M | −$55.60M | −$55.60M | −$57.40M | −$58.10M | −$59.90M | −$63.00M |
| Income before taxes | $1.16B | $735.80M | $741.30M | $1.09B | $1.09B | $752.90M | $750.60M | $967.90M |
| Income taxes | $218.20M | $136.30M | $122.80M | $231.50M | $216.70M | $134.90M | $135.30M | $181.10M |
| Net income | $935.30M | $589.50M | $596.90M | $850.80M | $878.90M | $609.10M | $611.90M | $777.90M |
| Net margin | 14.7% | 11.9% | 11.6% | 14.8% | 15.3% | 13.0% | 12.6% | 14.3% |
| EPS, basic | $4.19 | $2.64 | $2.67 | $3.81 | $3.92 | $2.70 | $2.69 | $3.42 |
| EPS, diluted | $4.16 | $2.62 | $2.64 | $3.78 | $3.89 | $2.67 | $2.66 | $3.39 |
| Diluted shares | 222.50M | 223.10M | 223.70M | 224.40M | 225.10M | 226.40M | 227.40M | 228.00M |
Figures describe Trane Technologies shares, not any token. As of Jul 30, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.