TRMB

MKT CAP:$16B

Trimble Inc.

Market Cap

$16B

Technology·Hardware, Equipment & Parts·🇺🇸 United States·NASDAQ

Technology·Hardware,·🇺🇸·NASDAQ

Stock Price

$69.50-$8.83 (-11.27%)

Apr 20, 2026

Company Details

Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for ro...

CEO

Robert G. Painter

IPO Date

Jul 20, 1990

Website

www.trimble.com

Key Metrics TTM

Revenue

$3.6B

-2.6% YoY

Net Income

$424M

EPS (Diluted)

$1.75

Free Cash Flow

$133M

Revenue / Share

$14.96

Gross Margin

68.3%

Operating Margin

16.9%

Net Margin

11.8%

FCF Margin

3.7%

P/S

4.4x

P/E

37.2x

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Feb 25, 2026

$3.6B-2.6%EPS $1.75

Q4 2025

Feb 25, 2026

$970M-1.4%EPS $0.65

Q3 2025

Nov 5, 2025

$901M+2.9%EPS $0.46

Q2 2025

Aug 6, 2025

$876M+0.6%EPS $0.37

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$994M	$550M	$157M
Q2 22	$941M	$538M	$135M
Q3 22	$885M	$515M	$122M
Q4 22	$857M	$503M	$97M
Q1 23	$915M	$561M	$137M
Q2 23	$994M	$605M	$94M
Q3 23	$957M	$590M	$121M
Q4 23	$932M	$577M	$97M
Q1 24	$953M	$594M	$109M
Q2 24	$871M	$546M	$62M
Q3 24	$876M	$576M	$116M
Q4 24	$983M	$681M	$174M
Q1 25	$841M	$561M	$98M
Q2 25	$876M	$598M	$128M
Q3 25	$901M	$594M	$166M
Q4 25	$970M	$698M	$216M

Valuation

Quarter	P/S	P/E
Q1 22	4.2x	32.3x
Q2 22	4.2x	30.5x
Q3 22	4.2x	32.9x
Q4 22	4.3x	35.1x
Q1 23	4.4x	33.7x
Q2 23	4.3x	45.8x
Q3 23	4.2x	47.3x
Q4 23	4.2x	50.7x
Q1 24	4.1x	65.8x
Q2 24	4.2x	10.4x
Q3 24	4.3x	10.7x
Q4 24	4.3x	10.5x
Q1 25	4.4x	10.4x
Q2 25	4.4x	55.0x
Q3 25	4.4x	44.1x
Q4 25	4.4x	37.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$153M	$139M
Q2 22	$49M	$35M
Q3 22	$83M	$75M
Q4 22	$106M	$100M
Q1 23	$209M	$202M
Q2 23	$142M	$130M
Q3 23	$147M	$134M
Q4 23	$99M	$89M
Q1 24	$234M	$227M
Q2 24	$88M	$73M
Q3 24	$95M	$89M
Q4 24	$115M	$109M
Q1 25	$156M	$149M
Q2 25	-$54M	-$59M
Q3 25	$124M	$117M
Q4 25	$160M	-$73M

Capital Expenditures

Quarter	CapEx
Q1 22	$15M
Q2 22	$14M
Q3 22	$8M
Q4 22	$7M
Q1 23	$6M
Q2 23	$13M
Q3 23	$13M
Q4 23	$10M
Q1 24	$7M
Q2 24	$14M
Q3 24	$6M
Q4 24	$6M
Q1 25	$7M
Q2 25	$6M
Q3 25	$7M
Q4 25	$233M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+12.1%	+12.2%
Q2 22	-0.4%	+0.7%
Q3 22	-1.8%	+1.1%
Q4 22	-7.5%	-4.8%
Q1 23	-7.9%	-7.0%
Q2 23	+5.6%	+11.6%
Q3 23	+8.2%	+9.6%
Q4 23	+8.9%	+10.0%
Q1 24	+4.1%	+8.4%
Q2 24	-12.4%	-10.1%
Q3 24	-8.5%	-9.2%
Q4 24	+5.5%	-3.1%
Q1 25	-11.8%	-12.0%
Q2 25	+0.6%	-7.6%
Q3 25	+2.9%	-3.2%
Q4 25	-1.4%	-7.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$28M	2.8%
Q2 22	$33M	3.5%
Q3 22	$32M	3.6%
Q4 22	$27M	3.2%
Q1 23	$34M	3.7%
Q2 23	$40M	4.1%
Q3 23	$39M	4.0%
Q4 23	$33M	3.5%
Q1 24	$36M	3.8%
Q2 24	$37M	4.3%
Q3 24	$37M	4.2%
Q4 24	$48M	4.9%
Q1 25	$38M	4.6%
Q2 25	$38M	4.3%
Q3 25	$0	0.0%
Q4 25	$70M	7.2%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 22	$140M	$102M	$132M
Q2 22	$140M	$107M	$139M
Q3 22	$127M	$110M	$137M
Q4 22	$135M	$104M	$146M
Q1 23	$159M	$111M	$135M
Q2 23	$175M	$141M	$155M
Q3 23	$163M	$117M	$146M
Q4 23	$168M	$118M	$146M
Q1 24	$170M	$134M	$147M
Q2 24	$162M	$149M	$143M
Q3 24	$156M	$128M	$147M
Q4 24	$175M	$138M	$167M
Q1 25	$159M	$122M	$153M
Q2 25	$163M	$118M	$158M
Q3 25	$153M	$118M	$159M
Q4 25	$156M	$127M	$176M

Revenue Segments

Quarter	Buildings and Infrastructure	Geospatial	Resources and Utilities	Transportation	Product	Service
Q1 22	$398M	$208M	$230M	$159M	—	—
Q2 22	$383M	$194M	$215M	$150M	—	—
Q3 22	$364M	$184M	$192M	$145M	—	—
Q1 23	$400M	$152M	$209M	$155M	—	—
Q2 23	$410M	$193M	$196M	$195M	—	—
Q3 23	$395M	$181M	$185M	$197M	—	—
Q3 24	—	—	—	—	$308M	$568M
Q1 25	—	—	—	—	$272M	$569M
Q2 25	—	—	—	—	$293M	$583M

Revenue by Geography

Quarter	Asia Pacific	Europe	North America	Rest of World
Q1 22	$116M	$319M	$498M	$61M
Q2 22	$104M	$261M	$513M	$63M
Q3 22	$102M	$218M	$488M	$76M
Q1 23	$103M	$268M	$482M	$63M
Q2 23	$111M	$283M	$526M	$75M
Q3 23	$106M	$261M	$518M	$72M
Q3 24	$75M	$233M	$525M	$44M
Q1 25	$80M	$223M	$506M	$32M
Q2 25	$82M	$250M	$511M	$34M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$357M	$0	$357M
Q2 22	$350M	$0	$350M
Q3 22	$309M	$0	$309M
Q4 22	$271M	$0	$271M
Q1 23	$1.0B	$0	$1.0B
Q2 23	$237M	$0	$237M
Q3 23	$217M	$0	$217M
Q4 23	$230M	$0	$230M
Q1 24	$255M	$0	$255M
Q2 24	$944M	$0	$944M
Q3 24	$1.0B	$0	$1.0B
Q4 24	$739M	$0	$739M
Q1 25	$290M	$0	$290M
Q2 25	$266M	$0	$266M
Q3 25	$233M	$0	$233M
Q4 25	$253M	$0	$253M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	253M	-0.5%	-0.6%
Q2 22	251M	-0.8%	-1.4%
Q3 22	249M	-0.7%	-2.2%
Q4 22	248M	-0.2%	-2.3%
Q1 23	249M	+0.2%	-1.6%
Q2 23	249M	+0.1%	-0.7%
Q3 23	250M	+0.3%	+0.3%
Q4 23	249M	-0.3%	+0.3%
Q1 24	247M	-0.6%	-0.5%
Q2 24	246M	-0.4%	-1.0%
Q3 24	247M	+0.2%	-1.1%
Q4 24	248M	+0.5%	-0.3%
Q1 25	246M	-0.8%	-0.5%
Q2 25	240M	-2.7%	-2.8%
Q3 25	240M	+0.3%	-2.6%
Q4 25	240M	-0.2%	-3.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$83.3K	12K
Q2 22	$78.9K	12K
Q3 22	$74.2K	12K
Q4 22	$72.4K	12K
Q1 23	$77.4K	12K
Q2 23	$84.0K	12K
Q3 23	$81.0K	12K
Q4 23	$73.4K	13K
Q1 24	$75.1K	13K
Q2 24	$68.6K	13K
Q3 24	$69.0K	13K
Q4 24	$77.4K	13K
Q1 25	$69.5K	12K
Q2 25	$72.4K	12K
Q3 25	$74.5K	12K
Q4 25	$84.3K	12K

Revenue / Employee