Trimble Inc.
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Range $61 – $80
Price Chart
About the company
Trimble Inc. develops and supplies technology solutions globally, empowering professionals and field workers to significantly improve or revolutionize their operational workflows. Through its Buildings and Infrastructure segment, the company delivers a comprehensive array of digital tools for the construction sector.
- CEO
- Robert G. Painter
- IPO
- 1990
- Employees
- 11,500
- HQ
- Westminster, CO, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $13.89B
- P/E
- -126.80
- Fwd P/E
- 16.24
- PEG
- 0.91
- P/S
- 3.67
- P/B
- 2.72
- EV/EBITDA
- 57.51
- Div Yield
- 0.00%
- Gross Margin
- 68.36%
- Op Margin
- 17.48%
- Net Margin
- -2.77%
- ROE
- -1.87%
- ROIC
- 9.25%
Latest fiscal year · YoY change
- Revenue
- $3.59B-2.6%
- Gross Profit
- $2.45B+2.3%
- Op Income
- $607.50M
- Net Income
- $424.00M-71.8%
- EPS
- $1.77-71.1%
- OCF Growth
- -27.3%
- FCF Growth
- -73.2%
- 52W High
- $84.42
- 52W Low
- $47.92
- 50D MA
- $53.70
- 200D MA
- $65.95
- Beta
- 1.36
- RSI (14)
- 60
- Avg Volume
- 3.00M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Trimble posted a strong second quarter beat on revenue, margins and EPS, raised full-year guidance, and signaled both AI-driven operating leverage and a strategic review of Transportation & Logistics.· August 12, 2026
- Q2 revenue, margin and EPS all beat guidance, with 10% organic growth, 28.6% EBITDA margin and $0.86 EPS.
- Full-year 2026 guidance was raised: revenue midpoint to $3.925 billion and EPS midpoint to $3.65; EBITDA margin is now expected at about 30%.
- AECO and Field Systems were the growth engines, while Transportation & Logistics showed modest growth but became the subject of a strategic review after inbound interest.
- Trimble highlighted accelerating AI adoption across workflows, including agentic tools, with monetization still early and centered on adoption and usage measurement.
- The company authorized a new $1 billion share repurchase program and said it has already repurchased almost $1.2 billion since the start of 2025.
Trimble reported second-quarter revenue of $972 million, up 10% organic, above the high end of guidance. Gross margin expanded 120 basis points to 71.8%, EBITDA margin was 28.6% (up 120 basis points), and reported EPS was $0.86, $0.06 above the midpoint and above the high end of guidance. Segment results included AECO revenue of $389 million (+9%) with ARR of $1.577 billion (+14%), Field Systems revenue of $442 million (+12%) with ARR of $399 million (+12%), and Transportation & Logistics revenue of $141 million (+5%) with ARR of $533 million (+7%). Full-year 2026 guidance was raised by $50 million to $3.925 billion of revenue and by $0.10 to $3.65 of EPS; EBITDA margin is now expected at approximately 30%, and Q3 midpoint guidance was set at $965 million revenue, $0.85 EPS, and 28.6% EBITDA margin. Free cash flow was $502 million through the first two quarters, cash was $214 million, leverage was 1.1x, and the company expects free cash flow to be about 0.9x non-GAAP net income this year.
Rob Painter framed the quarter as evidence that Trimble’s Connect & Scale strategy and AI transformation are compounding value across the business. He emphasized broad macro strength in data centers, energy, reshoring and infrastructure, and described Trimble Connect as the core platform linking office and field workflows across construction. His tone was confident and upbeat, especially around AI-enabled productivity, customer adoption, and the company’s ability to build more capabilities in-house.
Phil Sawarynski emphasized the quality of the quarter’s financial execution: revenue of $972 million, organic growth of 10%, gross margin of 71.8%, EBITDA margin of 28.6%, and EPS of $0.86. He noted $502 million of free cash flow in the first half, $214 million of cash, and 1.1x leverage, and highlighted the new $1 billion buyback authorization alongside nearly $1.2 billion of repurchases since the start of 2025. On outlook, he raised full-year revenue to $3.925 billion, EPS to $3.65, and EBITDA margin to about 30%, while saying free cash flow should be about 0.9x non-GAAP net income because of incremental restructuring and other one-time costs. He also explained that the Field Systems ARR guide was lowered because the company is replacing a white-label product with an internally developed, higher-margin solution, creating a temporary headwind of about 400 to 500 basis points to Field Systems ARR.
Analysts focused on the Field Systems ARR reduction, and management explained it was a deliberate move from a low-margin white-label service to a proprietary product that should improve margins over time, with Phil estimating the impact at about $16 million to $20 million of ARR this year. Several questions pressed on the Transportation & Logistics strategic review; Rob Painter said inbound interest was recent, there is no predetermined outcome or timeline, and the board will evaluate options through the lens of shareholder value while staying focused on execution. Other questions covered AI monetization, where management said it is already monetizing through standalone and hybrid license/consumption models, but the near-term priority is adoption, telemetry and workflow engagement before broader pricing and packaging changes. Analysts also asked about data-center and Trimble Connect momentum, and management said the platform is seeing strong usage, with over 1 million projects added in the quarter and more than 3.7 million monthly active users across construction solutions.
The call suggests Trimble is gaining operating leverage from recurring revenue growth, AI-driven workflow adoption and a stronger mix, enough to raise both revenue and EPS guidance. Management also sounded confident that AECO, Field Systems and the broader construction ecosystem are benefiting from durable demand in data centers, infrastructure and energy, while the new proprietary Field Systems product should improve margins over time. The large buyback authorization and strong first-half free cash flow add another support point.
The most immediate risk is the Field Systems ARR transition, which management said will create a 400 to 500 basis point headwind to Field Systems ARR over several quarters and a smaller company-level impact. Transportation & Logistics remains in a challenged freight environment, and while there are green shoots, the segment is now also under strategic review, which adds uncertainty. Management also said AI monetization is still early and that some of the product and pricing benefits may take time to show up in reported financials.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 99.5%
- Shares Outstanding
- 233.11M
- Float Shares
- 231.84M
of shares held by institutions
791 13F filers
Congressional trading
Senate and House stock disclosures for TRMB, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Gilbert CisnerosHouse · CA31 | Sell | May 15, 26 | Filing → |
| April DelaneyHouse · MD06 | Sell | Jan 28, 26 | Filing → |
| April DelaneyHouse · MD06 | Sell | Jan 29, 26 | Filing → |
| John DelaneyHouse · MD06 | Sell | Feb 10, 25 | Filing → |
| Greg LandsmanHouse · OH01 | Sell | Nov 17, 23 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Nov 3, 23 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Apr 25, 23 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Mar 24, 23 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Mar 14, 23 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Jan 9, 23 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jul 19, 22 | Filing → |
| Ro KhannaHouse · CA17 | Sell | May 10, 22 | Filing → |
| Ro KhannaHouse · CA17 | Sell | May 5, 22 | Filing → |
| Ro KhannaHouse · CA17 | Sell | May 23, 22 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 30.57M | ▲ 304.46K |
| Blackrock, Inc. | 21.42M | ▲ 1.94M |
| Vanguard Capital Management LLC | 15.24M | ▼ 107.84K |
| Ameriprise Financial Inc | 12.68M | ▲ 10.24M |
| State Street Corp | 11.64M | ▲ 849.55K |
| Morgan Stanley | 9.32M | ▼ 785.02K |
| Invesco Ltd. | 7.37M | ▲ 2.45M |
| Generation Investment Management Llp | 7.19M | ▼ 590.29K |
| Geode Capital Management, LLC | 6.63M | ▲ 154.74K |
| Select Equity Group, L.P. | 5.08M | ▼ 525.51K |
| Arrowstreet Capital, Limited Partnership | 4.50M | ▲ 2.95M |
| Sumitomo Mitsui Trust Group, Inc. | 4.45M | ▲ 691.87K |
Held by 1,438 ETFs
Biggest fund positions in TRMB by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 4, 26 | Gabriel Kaigham | sell | 1,718 |
| Jun 17, 26 | Gabriel Kaigham | other | 3,974 |
| Jun 17, 26 | Gabriel Kaigham | other | 3,974 |
| Jun 17, 26 | Lloyd Meaghan | other | 3,974 |
| Jun 17, 26 | Lloyd Meaghan | other | 3,974 |
| Jun 17, 26 | EKHOLM BORJE | other | 3,974 |
| Jun 17, 26 | EKHOLM BORJE | other | 3,974 |
| Jun 17, 26 | SPRAGUE KARA LYNN | other | 3,974 |
| Jun 17, 26 | SPRAGUE KARA LYNN | other | 3,974 |
| Jun 17, 26 | Sweet Thomas W | other | 3,974 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our TRMB coverage
Recent articles, reports, and earnings notes.
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Aurora Investment Counsel Acquires Shares of 37,588 Trimble Inc. $TRMB
defenseworld.net · Aug 20
Trimble Navigation (TRMB) is a Top-Ranked Growth Stock: Should You Buy?
zacks.com · Aug 19
Is Trimble Inc (TRMB) a Bargain After 3.3% Drop? GF Value Says Undervalued
gurufocus.com · Aug 17
Handelsbanken Fonder AB Sells 9,492 Shares of Trimble Inc. $TRMB
defenseworld.net · Aug 16
Trimble Inc. (NASDAQ:TRMB) Given Average Rating of “Moderate Buy” by Brokerages
defenseworld.net · Aug 14
Trimble Q2 Earnings Beat Estimates on Field Systems Strength
zacks.com · Aug 13
Trimble Inc. (TRMB) Q2 2026 Earnings Call Transcript
seekingalpha.com · Aug 12
Trimble Q2 Earnings Call Highlights
marketbeat.com · Aug 12
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.
