TRNTrinity Industries, Inc.
The financials
Trinity Industries, Inc. by the numbers
Trinity Industries, Inc. (TRN) reported revenue of $535M in Q3 2026 (quarter ended Sep 30, 2026), up 18% from the same quarter a year earlier. That came with a gross margin of 24% and net income of $18M (3.3% of revenue). For the full year FY2025, revenue was $2.16B (−30% year on year) and net income $253M. Its largest product in Q2 2026 (quarter ended Jun 30, 2026) was Leasing And Management at $206M, 40.1% of the disclosed total, just ahead of Manufacturing at 39.8%. The next results filing is expected around Feb 11, 2027, the same week as a year ago.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $535M | $454M | +18% |
| Gross profit | $127M | $141M | −10% |
| Operating income | $96M | $119M | −19% |
| Net income | $18M | $30M | −42% |
| Diluted EPS | $0.22 | $0.37 | −41% |
| Product | Revenue | Share |
|---|---|---|
| Leasing And Management | $206M | 40% |
| Manufacturing | $205M | 40% |
| Maintenance Services Domain | $63M | 12% |
| Parts Components | $28M | 5.5% |
| Digital Logistics Services | $12M | 2.3% |
Over its last three fiscal years Trinity Industries, Inc. booked income tax of 20.1% of its pretax profit, close to the 21.3% median for US companies in our tax study.
Business segments
Revenue split by product segment, from SEC XBRL filings.
- Leasing And Management$206.0M$206.0Mvs last quarter -2.0%vs a year ago -12%-2.0%-12%
- Manufacturing$204.5M$204.5Mvs last quarter -1.1%vs a year ago +0.20%-1.1%+0.20%
- Maintenance Services Domain$63.4M$63.4Mvs last quarter +0.32%vs a year ago +6.9%+0.32%+6.9%
- Parts Components$28.4M$28.4Mvs last quarter +15%vs a year ago -7.5%+15%-7.5%
- Digital Logistics Services$11.7M$11.7Mvs last quarter -4.9%vs a year ago +22%-4.9%+22%
Industrials
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