Trimble Inc Financials
This page shows Trimble Inc (TRMB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Trimble widened margins on a less cost-heavy revenue base, but annual cash conversion was constrained by receivables rather than reinvestment needs.
Compared with FY2025, FY2026 produced higher operating profitability on lower sales: operating margin reached16.5% while revenue eased to$3.59B . That points to a less cost-heavy revenue base or tighter expense control, but the improvement did not fully become cash because receivables swelled to$856M and operating cash flow fell to$386M .
Capital intensity is low: free cash flow stayed close to operating cash flow at
Balance-sheet pressure is more about asset mix than leverage: long-term debt was
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Trimble Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Trimble Inc has an operating margin of 16.5%, meaning the company retains $17 of operating profit per $100 of revenue. This results in a moderate score of 54/100, indicating healthy but not exceptional operating efficiency. This is up from 12.5% the prior year.
Trimble Inc's revenue declined 2.6% year-over-year, from $3.7B to $3.6B. This contraction results in a growth score of 29/100.
Trimble Inc carries a low D/E ratio of 0.25, meaning only $0.25 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
Trimble Inc's current ratio of 1.01 is below the typical benchmark, resulting in a score of 15/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Trimble Inc has a free cash flow margin of 10.1%, earning a moderate score of 55/100. The company generates positive cash flow after capital investments, but with room for improvement.
Trimble Inc's ROE of 7.5% shows moderate profitability relative to equity, earning a score of 41/100. This is down from 27.8% the prior year.
Trimble Inc scores 3.54, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($13.5B) relative to total liabilities ($3.4B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Trimble Inc passes 6 of 9 financial strength tests. 2 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Trimble Inc generates $0.91 in operating cash flow ($386.2M OCF vs $424.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Trimble Inc earns $8.0 in operating income for every $1 of interest expense ($592.0M vs $74.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Trimble Inc generated $3.6B in revenue in fiscal year 2026. This represents a decrease of 2.6% from the prior year.
Trimble Inc's EBITDA was $791.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 14.3% from the prior year.
Trimble Inc reported $424.0M in net income in fiscal year 2026. This represents a decrease of 71.8% from the prior year.
Trimble Inc earned $1.76 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 71.1% from the prior year.
Cash & Balance Sheet
Trimble Inc generated $360.9M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 27.5% from the prior year.
Trimble Inc held $234.1M in cash against $1.4B in long-term debt as of fiscal year 2026.
Trimble Inc had 233M shares outstanding in fiscal year 2026. This represents a decrease of 2.3% from the prior year.
Margins & Returns
Trimble Inc's gross margin was 69.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 4.0 percentage points from the prior year.
Trimble Inc's operating margin was 16.5% in fiscal year 2026, reflecting core business profitability. This is up 4.0 percentage points from the prior year.
Trimble Inc's net profit margin was 11.8% in fiscal year 2026, showing the share of revenue converted to profit. This is down 29.0 percentage points from the prior year.
Trimble Inc's ROE was 7.5% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 20.2 percentage points from the prior year.
Capital Allocation
Trimble Inc invested $630.7M in research and development in fiscal year 2026. This represents a decrease of 4.8% from the prior year.
Trimble Inc spent $863.4M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 393.4% from the prior year.
Trimble Inc invested $25.3M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 24.7% from the prior year.
TRMB Income Statement
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $939.9M-3.1% | $969.8M+7.6% | $901.2M+2.9% | $875.7M+4.2% | $840.6M-14.5% | $983.4M+12.3% | $875.8M+0.6% | $870.8M |
| Cost of Revenue | $293.6M+8.1% | $271.7M-3.0% | $280.1M+0.8% | $277.8M-0.7% | $279.8M-7.4% | $302.2M+0.7% | $300.2M-7.6% | $324.9M |
| Gross Profit | $646.3M-7.4% | $698.1M+12.4% | $621.1M+3.9% | $597.9M+6.6% | $560.8M-17.7% | $681.2M+18.3% | $575.6M+5.4% | $545.9M |
| R&D Expenses | $169.5M+8.7% | $156.0M+2.0% | $152.9M-6.4% | $163.3M+3.0% | $158.5M-9.4% | $175.0M+12.5% | $155.6M-3.7% | $161.5M |
| SG&A Expenses | $126.7M+0.2% | $126.5M+7.7% | $117.5M-0.1% | $117.6M-3.2% | $121.5M-11.6% | $137.5M+7.8% | $127.6M-14.2% | $148.7M |
| Operating Income | $144.0M-33.4% | $216.2M+43.7% | $150.5M+17.8% | $127.8M+31.1% | $97.5M-43.8% | $173.5M+49.1% | $116.4M+89.0% | $61.6M |
| Interest Expense | $19.5M+4.3% | $18.7M-9.7% | $20.7M+6.7% | $19.4M+24.4% | $15.6M+17.3% | $13.3M-5.7% | $14.1M-22.1% | $18.1M |
| Income Tax | $32.4M+15.7% | $28.0M+105.9% | $13.6M-43.6% | $24.1M+22.3% | $19.7M+159.2% | $7.6M-76.6% | $32.5M-92.7% | $445.6M |
| Net Income | $98.9M-36.8% | $156.6M+40.4% | $111.5M+25.0% | $89.2M+33.7% | $66.7M-26.1% | $90.2M+122.2% | $40.6M-96.9% | $1.3B |
| EPS (Diluted) | $0.42 | N/A | $0.46+24.3% | $0.37+37.0% | $0.27 | N/A | $0.16-97.0% | $5.34 |
TRMB Balance Sheet
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.0B-3.4% | $9.3B+3.2% | $9.0B-0.9% | $9.1B+2.3% | $8.9B-6.2% | $9.5B-3.8% | $9.9B+2.8% | $9.6B |
| Current Assets | $1.4B-14.7% | $1.6B+29.7% | $1.3B-2.4% | $1.3B+0.5% | $1.3B-43.5% | $2.3B-1.7% | $2.3B+17.6% | $2.0B |
| Cash & Equivalents | $234.1M-7.6% | $253.4M+8.9% | $232.7M-12.5% | $265.9M-8.3% | $290.0M-60.7% | $738.8M-28.7% | $1.0B+9.8% | $944.1M |
| Inventory | $188.0M+0.9% | $186.3M+6.6% | $174.7M-2.8% | $179.7M-4.0% | $187.2M-3.7% | $194.3M+1.1% | $192.1M-13.9% | $223.1M |
| Accounts Receivable | $617.5M-27.9% | $856.0M+57.7% | $542.8M+0.6% | $539.5M+1.7% | $530.4M-26.9% | $725.8M+38.1% | $525.6M-8.9% | $577.0M |
| Goodwill | $5.2B-0.5% | $5.2B0.0% | $5.2B-0.2% | $5.2B+2.8% | $5.1B+2.4% | $5.0B-3.0% | $5.1B-1.1% | $5.2B |
| Total Liabilities | $3.4B-3.5% | $3.5B+7.6% | $3.2B-5.3% | $3.4B-2.0% | $3.5B-7.0% | $3.7B-6.2% | $4.0B+0.7% | $4.0B |
| Current Liabilities | $1.4B-8.6% | $1.5B+19.9% | $1.3B-9.0% | $1.4B-9.4% | $1.5B-15.0% | $1.8B-10.0% | $2.0B+0.4% | $2.0B |
| Long-Term Debt | $1.4B+0.7% | $1.4B0.0% | $1.4B-3.4% | $1.4B+3.6% | $1.4B0.0% | $1.4B0.0% | $1.4B0.0% | $1.4B |
| Total Equity | $5.6B-3.4% | $5.8B+0.8% | $5.8B+1.8% | $5.7B+5.0% | $5.4B-5.7% | $5.7B-2.2% | $5.9B+4.3% | $5.6B |
| Retained Earnings | $3.2B-5.0% | $3.4B+0.8% | $3.4B+2.0% | $3.3B+0.3% | $3.3B-12.6% | $3.8B+2.4% | $3.7B+1.1% | $3.6B |
TRMB Cash Flow Statement
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $274.7M+71.4% | $160.3M+29.5% | $123.8M+331.4% | -$53.5M-134.4% | $155.6M+35.2% | $115.1M+21.3% | $94.9M+8.3% | $87.6M |
| Capital Expenditures | $6.1M+8.9% | $5.6M-22.2% | $7.2M+22.0% | $5.9M-10.6% | $6.6M+8.2% | $6.1M-4.7% | $6.4M-55.2% | $14.3M |
| Free Cash Flow | $268.6M+73.6% | $154.7M+32.7% | $116.6M+296.3% | -$59.4M-139.9% | $149.0M+36.7% | $109.0M+23.2% | $88.5M+20.7% | $73.3M |
| Investing Cash Flow | -$5.1M-466.7% | -$900K+89.9% | -$8.9M+29.9% | -$12.7M+12.4% | -$14.5M-1418.2% | $1.1M+109.9% | -$11.1M-100.6% | $1.9B |
| Financing Cash Flow | -$285.9M-105.5% | -$139.1M+5.2% | -$146.7M-614.7% | $28.5M+104.7% | -$611.1M-52.6% | -$400.5M-2572.2% | $16.2M+101.3% | -$1.3B |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $322.8M+137.4% | $136.0M+172.0% | $50.0M0.0% | $50.0M-92.0% | $627.4M | $0 | $0 | $0 |
TRMB Financial Ratios
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 68.8%-3.2pp | 72.0%+3.1pp | 68.9%+0.6pp | 68.3%+1.6pp | 66.7%-2.6pp | 69.3%+3.5pp | 65.7%+3.0pp | 62.7% |
| Operating Margin | 15.3%-7.0pp | 22.3%+5.6pp | 16.7%+2.1pp | 14.6%+3.0pp | 11.6%-6.0pp | 17.6%+4.4pp | 13.3%+6.2pp | 7.1% |
| Net Margin | 10.5%-5.6pp | 16.2%+3.8pp | 12.4%+2.2pp | 10.2%+2.3pp | 7.9%-1.2pp | 9.2%+4.5pp | 4.6%-146.5pp | 151.2% |
| Return on Equity | 1.8%-0.9pp | 2.7%+0.8pp | 1.9%+0.4pp | 1.6%+0.3pp | 1.2%-0.3pp | 1.6%+0.9pp | 0.7%-22.7pp | 23.4% |
| Return on Assets | 1.1%-0.6pp | 1.7%+0.4pp | 1.2%+0.3pp | 1.0%+0.2pp | 0.8%-0.2pp | 0.9%+0.5pp | 0.4%-13.3pp | 13.7% |
| Current Ratio | 1.01-0.1 | 1.09+0.1 | 1.00+0.1 | 0.94+0.1 | 0.84-0.4 | 1.27+0.1 | 1.16+0.2 | 0.99 |
| Debt-to-Equity | 0.25+0.0 | 0.240.0 | 0.24-0.0 | 0.250.0 | 0.26+0.0 | 0.240.0 | 0.24-0.0 | 0.25 |
| FCF Margin | 28.6%+12.6pp | 16.0%+3.0pp | 12.9%+19.7pp | -6.8%-24.5pp | 17.7%+6.7pp | 11.1%+1.0pp | 10.1%+1.7pp | 8.4% |
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Frequently Asked Questions
What is Trimble Inc's annual revenue?
Trimble Inc (TRMB) reported $3.6B in total revenue for fiscal year 2026. This represents a -2.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Trimble Inc's revenue growing?
Trimble Inc (TRMB) revenue declined by 2.6% year-over-year, from $3.7B to $3.6B in fiscal year 2026.
Is Trimble Inc profitable?
Yes, Trimble Inc (TRMB) reported a net income of $424.0M in fiscal year 2026, with a net profit margin of 11.8%.
What is Trimble Inc's EBITDA?
Trimble Inc (TRMB) had EBITDA of $791.9M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Trimble Inc have?
As of fiscal year 2026, Trimble Inc (TRMB) had $234.1M in cash and equivalents against $1.4B in long-term debt.
What is Trimble Inc's gross margin?
Trimble Inc (TRMB) had a gross margin of 69.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Trimble Inc's operating margin?
Trimble Inc (TRMB) had an operating margin of 16.5% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Trimble Inc's net profit margin?
Trimble Inc (TRMB) had a net profit margin of 11.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Trimble Inc's return on equity (ROE)?
Trimble Inc (TRMB) has a return on equity of 7.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Trimble Inc's free cash flow?
Trimble Inc (TRMB) generated $360.9M in free cash flow during fiscal year 2026. This represents a -27.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Trimble Inc's operating cash flow?
Trimble Inc (TRMB) generated $386.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Trimble Inc's total assets?
Trimble Inc (TRMB) had $9.0B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Trimble Inc's capital expenditures?
Trimble Inc (TRMB) invested $25.3M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Trimble Inc spend on research and development?
Trimble Inc (TRMB) invested $630.7M in research and development during fiscal year 2026.
What is Trimble Inc's current ratio?
Trimble Inc (TRMB) had a current ratio of 1.01 as of fiscal year 2026, which is considered adequate.
What is Trimble Inc's debt-to-equity ratio?
Trimble Inc (TRMB) had a debt-to-equity ratio of 0.25 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Trimble Inc's return on assets (ROA)?
Trimble Inc (TRMB) had a return on assets of 4.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Trimble Inc's Altman Z-Score?
Trimble Inc (TRMB) has an Altman Z-Score of 3.54, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Trimble Inc's Piotroski F-Score?
Trimble Inc (TRMB) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Trimble Inc's earnings high quality?
Trimble Inc (TRMB) has an earnings quality ratio of 0.91x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Trimble Inc cover its interest payments?
Trimble Inc (TRMB) has an interest coverage ratio of 8.0x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Trimble Inc?
Trimble Inc (TRMB) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.