TRMB · Trimble Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $939.90M | $901.20M | $875.70M | $840.60M | $875.80M | $870.80M | $953.30M | - | $957.30M | $993.60M |
| Cost of Revenue | $293.60M | $280.10M | $277.80M | $279.80M | $300.20M | $324.90M | $359.70M | - | $367.10M | $389.10M |
| Gross Profit | $646.30M | $621.10M | $597.90M | $560.80M | $575.60M | $545.90M | $593.60M | - | $590.20M | $604.50M |
| R&D | $169.50M | $152.90M | $163.30M | $158.50M | $155.60M | $161.50M | $170.20M | - | $162.50M | $174.80M |
| SG&A | $126.70M | $117.50M | $117.60M | $121.50M | $127.60M | $148.70M | $134.10M | - | $117.20M | $141.30M |
| Total Operating Expenses | $502.30M | $470.60M | $470.10M | $463.30M | $459.20M | $484.30M | $484.40M | - | $468.90M | $510.90M |
| D&A | $49.90M | - | - | $48.90M | - | - | $44.50M | - | - | - |
| Operating Income | $144.00M | $150.50M | $127.80M | $97.50M | $116.40M | $61.60M | $109.20M | - | $121.30M | $93.60M |
| Interest Expense | $19.50M | $20.70M | $19.40M | $45.20M | $46.80M | $18.10M | - | - | - | - |
| Income Tax | $32.40M | $13.60M | $24.10M | $19.70M | $32.50M | $445.60M | $15.80M | - | $4.50M | $12.90M |
| Net Income | $98.90M | $111.50M | $89.20M | $66.70M | $40.60M | $1.32B | $57.20M | - | $74.90M | $44.60M |
| EPS - Basic | $0.42 | $0.47 | $0.37 | $0.27 | $0.17 | $5.37 | $0.23 | - | $0.30 | $0.18 |
| EPS - Diluted | $0.42 | $0.46 | $0.37 | $0.27 | $0.16 | $5.34 | $0.23 | - | $0.30 | $0.18 |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $234.10M | $232.70M | $265.90M | $290.00M | $1.04B | $944.10M | $255.10M | $229.80M | $216.80M | $237.30M |
| Accounts Receivable | $617.50M | $542.80M | $539.50M | $530.40M | $525.60M | $577.00M | $633.00M | $706.60M | $641.40M | $664.10M |
| Inventory | $188.00M | $174.70M | $179.70M | $187.20M | $192.10M | $223.10M | $230.00M | $235.70M | $257.20M | $371.40M |
| Accounts Payable | $175.70M | $158.70M | $160.40M | $170.90M | $177.30M | $175.10M | $190.90M | $165.30M | $179.50M | $180.20M |
| Current Assets | $1.39B | $1.26B | $1.29B | $1.28B | $2.31B | $1.97B | $1.84B | $1.83B | $1.69B | $1.46B |
| Total Assets | $8.99B | $9.02B | $9.10B | $8.90B | $9.87B | $9.60B | $9.32B | $9.54B | $9.33B | $9.56B |
| Current Liabilities | $1.37B | $1.25B | $1.38B | $1.52B | $1.99B | $1.98B | $1.84B | $1.83B | $1.34B | $1.30B |
| Long-term Debt | $1.40B | $1.39B | $1.44B | $1.39B | $1.39B | $1.39B | $2.49B | $2.54B | $3.00B | $3.18B |
| Total Liabilities | $3.35B | $3.23B | $3.41B | $3.48B | $3.99B | $3.96B | $4.97B | $5.04B | $4.99B | $5.22B |
| Stockholders' Equity | $5.64B | $5.79B | $5.69B | $5.42B | $5.88B | $5.63B | $4.35B | $4.50B | $4.34B | $4.33B |
| Retained Earnings | $3.22B | $3.36B | $3.29B | $3.28B | $3.67B | $3.63B | $2.34B | $2.44B | $2.46B | $2.38B |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $274.70M | - | - | $155.60M | - | - | $233.80M | - | - | - |
| Investing Cash Flow | ($5.10M) | - | - | ($14.50M) | - | - | ($3.50M) | - | - | - |
| Financing Cash Flow | ($285.90M) | - | - | ($611.10M) | - | - | ($202.20M) | - | - | - |
| CapEx | $6.10M | - | - | $6.60M | - | - | $6.80M | - | - | - |
| Free Cash Flow | $268.60M | - | - | $149.00M | - | - | $227.00M | - | - | - |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 68.8% | 68.9% | 68.3% | 66.7% | 65.7% | 62.7% | 62.3% | - | 61.7% | 60.8% |
| Operating margin | 15.3% | 16.7% | 14.6% | 11.6% | 13.3% | 7.1% | 11.5% | - | 12.7% | 9.4% |
| EBITDA margin | 20.6% | - | - | 17.4% | - | - | 16.1% | - | - | - |
| Net margin | 10.5% | 12.4% | 10.2% | 7.9% | 4.6% | 151.2% | 6.0% | - | 7.8% | 4.5% |
| Free cash flow margin | 28.6% | - | - | 17.7% | - | - | 23.8% | - | - | - |
| FCF / Net income | 2.72 | - | - | 2.23 | - | - | 3.97 | - | - | - |
| R&D / Revenue | 18.0% | 17.0% | 18.6% | 18.9% | 17.8% | 18.5% | 17.9% | - | 17.0% | 17.6% |
| SG&A / Revenue | 13.5% | 13.0% | 13.4% | 14.5% | 14.6% | 17.1% | 14.1% | - | 12.2% | 14.2% |
| Effective tax rate | 24.7% | 10.9% | 21.3% | 22.8% | 44.5% | 25.3% | 21.6% | - | 5.7% | 22.4% |
| Return on assets | 1.1% | 1.2% | 1.0% | 0.7% | 0.4% | 13.7% | 0.6% | - | 0.8% | 0.5% |
| Return on equity | 1.8% | 1.9% | 1.6% | 1.2% | 0.7% | 23.4% | 1.3% | - | 1.7% | 1.0% |
| Return on invested capital | 1.5% | 1.9% | 1.4% | 1.1% | 0.9% | 0.7% | 1.3% | - | 1.6% | 1.0% |
| Liquidity | ||||||||||
| Current ratio | 1.01 | 1.00 | 0.94 | 0.84 | 1.16 | 0.99 | 1.00 | 1.00 | 1.26 | 1.12 |
| Quick ratio | 0.88 | 0.86 | 0.81 | 0.72 | 1.07 | 0.88 | 0.88 | 0.87 | 1.07 | 0.84 |
| Cash ratio | 0.17 | 0.19 | 0.19 | 0.19 | 0.52 | 0.48 | 0.14 | 0.13 | 0.16 | 0.18 |
| Leverage | ||||||||||
| Debt / Equity | 0.25 | 0.24 | 0.25 | 0.26 | 0.24 | 0.25 | 0.57 | 0.56 | 0.69 | 0.74 |
| Debt / Assets | 0.16 | 0.15 | 0.16 | 0.16 | 0.14 | 0.14 | 0.27 | 0.27 | 0.32 | 0.33 |
| Debt / EBITDA | 7.23 | - | - | 9.50 | - | - | 16.18 | - | - | - |
| Interest coverage | 7.4x | 7.3x | 6.6x | 2.2x | 2.5x | 3.4x | - | - | - | - |
| Equity multiplier | 1.59 | 1.56 | 1.60 | 1.64 | 1.68 | 1.70 | 2.14 | 2.12 | 2.15 | 2.21 |
| Liabilities / Assets | 0.37 | 0.36 | 0.37 | 0.39 | 0.40 | 0.41 | 0.53 | 0.53 | 0.53 | 0.55 |
| Efficiency | ||||||||||
| Asset turnover | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.10 | - | 0.10 | 0.10 |
| Inventory turnover | 1.56 | 1.60 | 1.55 | 1.49 | 1.56 | 1.46 | 1.56 | - | 1.43 | 1.05 |
| Days sales outstanding | 240d | 220d | 225d | 230d | 219d | 242d | 242d | - | 245d | 244d |
| Days inventory outstanding | 234d | 228d | 236d | 244d | 234d | 251d | 233d | - | 256d | 348d |
| Days payable outstanding | 218d | 207d | 211d | 223d | 216d | 197d | 194d | - | 178d | 169d |
| Cash conversion cycle | 255d | 241d | 250d | 252d | 237d | 296d | 282d | - | 322d | 423d |
| Valuation | ||||||||||
| P / E | 155.0x | 175.5x | 213.2x | 209.3x | 385.3x | 10.5x | 279.8x | - | 179.5x | 294.1x |
| P / B | 2.7x | 3.4x | 3.3x | 2.6x | 2.6x | 2.4x | 3.7x | - | 3.1x | 3.0x |
| P / S | 16.4x | 21.5x | 21.6x | 16.6x | 17.4x | 15.8x | 16.7x | - | 14.0x | 13.3x |
| EV / EBITDA | 85.6x | - | - | 102.6x | - | - | 118.1x | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.8% | 2.9% | 0.6% | -11.8% | -8.5% | -12.4% | 4.1% | - | 8.2% | 5.6% |
| Revenue CAGR (3y) | 0.9% | 0.6% | -2.4% | -5.4% | -1.0% | -2.7% | 2.5% | - | 6.5% | 5.1% |
| Revenue CAGR (5y) | 1.2% | 2.6% | 0.5% | 1.2% | 1.9% | 0.4% | 3.5% | - | 3.8% | - |
| Gross profit growth (YoY) | 15.2% | 7.9% | 9.5% | -5.5% | -2.5% | -9.7% | 5.8% | - | 14.5% | 12.5% |
| Operating income growth (YoY) | 47.7% | 29.3% | 107.5% | -10.7% | -4.0% | -34.2% | -20.3% | - | -0.9% | -30.6% |
| Net income growth (YoY) | 48.3% | 174.6% | -93.2% | 16.6% | -45.8% | 2851.6% | -55.6% | - | -12.7% | -73.5% |
| EPS growth (YoY) | 55.6% | 187.5% | -93.1% | 17.4% | -46.7% | 2866.7% | -55.8% | - | -11.8% | -73.1% |
| EPS CAGR (3y) | -6.9% | 10.6% | -18.0% | -15.0% | -31.1% | 113.3% | -20.0% | - | -4.1% | -10.4% |
| EPS CAGR (5y) | -1.4% | 6.2% | 8.2% | 1.6% | -12.4% | 70.6% | -1.7% | - | 0.7% | -6.4% |
| FCF growth (YoY) | 80.3% | - | - | -34.4% | - | - | 12.2% | - | - | - |
| FCF CAGR (5y) | 4.3% | - | - | 2.6% | - | - | 11.3% | - | - | - |
| Book value growth (YoY) | 4.0% | -1.4% | 1.0% | 24.6% | 35.3% | 30.1% | 2.4% | 11.1% | 13.0% | 11.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-02.
Business segments
$3.59B totalField Systems Segment$1.54B · 42.9%
Architects Engineers Construction And Owners Segment$1.50B · 41.8%
Transportation And Logistics Segment$549.20M · 15.3%
Product / service
$3.59B totalSubscription And Services$2.45B · 68.4%
Product$1.14B · 31.6%
Geographic
$3.40B totalUS$1.91B · 56.0%
North America$935.70M · 27.5%
Europe$392.10M · 11.5%
Asia Pacific$135.10M · 4.0%
Restof World$35.70M · 1.0%
Peer comparison
Same SIC group: Measuring & Controlling Devices, NEC
Comparing TRIMBLE INC. against the 5 most active filers in the same SIC group.