Trane (TT) r&d spend was $348M in FY2025 (+12% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$348M
+12%
2024
$310M
+23%
2023
$252M
+19%
2022
$211M
+9%
2021
$194M
+17%
2020
$165M
-5%
2019
$174M
+4%
2018
$167M
-21%
2017
$211M
+1%
2016
$208M
+1%
2015
$206M
-3%
2014
$212M
-3%
2013
$218M
-7%
2012
$235M
+8%
2011
$218M
-10%
2010
$244M
-4%
2009
$255M
+27%
2008
$201M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2025
$348M
Q4 2024
$310M
Q4 2023
$252M
Q4 2022
$211M
Q4 2021
$194M
Q4 2020
$165M
Q4 2019
$174M
Q4 2018
$167M
Q4 2017
$211M
Q4 2016
$208M
Q4 2015
$206M
Q4 2014
$212M
Source: TT on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.