Company file · TRMB
Trimble
Architects, Engineers, Construction and Owners was Trimble's fastest-growing segment in FY2025, up 10.3%
Revenue fell 2.6% to $3.6B in FY2025, from $3.7B in FY2024. Net income fell 71.8% to $424M. Field Systems was the largest segment, at 43% of revenue.
Key facts
Trimble (Nasdaq: TRMB) reported revenue of $3.6B for fiscal 2025, the year ended Jan 2, 2026, down 2.6% from fiscal 2024. Net income was $424M, down 71.8%. In its latest 10-Q, for the quarter ended Oct 2, 2026, revenue was $967M, up 7.3% from the same quarter a year earlier, and net income was $59M. The largest piece by segment was Field Systems, at 43% of fiscal 2025 revenue. Sources: 10-K for fiscal 2025 (filed Feb 25, 2026) and 10-Q for the quarter ended Oct 2, 2026 (filed Nov 4, 2026).
Source: 10-K FY2025, filed Feb 25, 2026
Source: 10-Q filed May 6, 2026 · 10-Q filed Aug 12, 2026 · 10-Q filed Nov 4, 2026
How it makes money
By segment, FY2025
- LineAmountSharevs FY2024
- Field Systems$1.5B43%+0.2%
- Architects, Engineers, Construction and Owners$1.5B42%+10.3%
- Transportation and Logistics$549M15%−30.4%
Source: 10-K FY2025, XBRL breakdown
By segment in FY2025: Field Systems (43%), Architects, Engineers, Construction and Owners (42%) and Transportation and Logistics (15%), as shares of total revenue. Total revenue was $3.6B.
Source: 10-K FY2025
By product or service, FY2025
Share is of the FY2025 total; the last column is the change from FY2024.
Learn more: Revenue vs. net income · Gross, operating and net margin
What changed last quarter
Comparing Q3 FY2026 (Jul to Sep 2026) compared with Q3 FY2025 (Jul to Sep 2025)
Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.
Q3 FY2026Q3 FY2025
Company
Source: Trimble 10-Q for the quarter ended Oct 2, 2026, filed Nov 4, 2026
The bull case and the bear case
The bull case
- Diluted shares fell 2.3% in FY2025, so each share represents a larger slice of profit. 10-K, FY2025
- Revenue in the quarter ended Oct 2, 2026 was $967M, up 7.3% on a year earlier. 10-Q, quarter ended Oct 2, 2026
- Architects, Engineers, Construction and Owners revenue grew 10.3% in FY2025 to $1.5B. 10-K, FY2025
The bear case
- Revenue fell 2.6% in FY2025 to $3.6B, from $3.7B a year earlier. 10-K, FY2025
- Net income fell 71.8% in FY2025 to $424M, from $1.5B. 10-K, FY2025
- Operating cash flow fell 27.3% in FY2025 to $386M. 10-K, FY2025
- Net income in the quarter ended Oct 2, 2026 was $59M, down 47.0% on a year earlier. 10-Q, quarter ended Oct 2, 2026
What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.
What the company does
Trimble is in the application software industry, part of the information technology sector. The SEC files it under Measuring & Controlling Devices, Nec.
Trimble reports 3 segments: Field Systems, Architects, Engineers, Construction and Owners and Transportation and Logistics.
Its latest fiscal year, FY2025, ended Jan 2, 2026.
Source: 10-K, Item 1 Business
Risks common in this industry
These are general risks for companies in the application software industry. They are not a summary of Trimble’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.
- Competition and AIRivals, open-source products and shifts such as AI can change which products customers choose.
- RenewalsSubscription revenue depends on customers renewing and expanding.
- Security incidentsA breach or outage can harm customers and its reputation.
- Sales executionGrowth depends on adding customers and selling more to existing ones.
- PricingCustomers may negotiate lower prices or switch to cheaper products.
Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)
Three years of key numbers
Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.
| US$ | FY2022 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | $3.8B | $3.7B | $3.6B |
| Net income | $311M | $1.5B | $424M |
| Operating cash flow | $597M | $531M | $386M |
| Cash & equivalents (year end) | $230M | $739M | $253M |
| Total debt (year end) | $3.1B | $1.4B | $1.4B |
| Diluted shares | 249M | 247M | 242M |
- Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
- Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
- Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
- Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
- Total debt: Short-term and long-term debt combined, at carrying value, as the company totals it.
- Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.
Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator
Explainers for this page
- Segment reporting
- Net debt and net cash
- Debt-to-equity ratio
- The cash flow statement
- Risk factors (Item 1A)
- How to read a 10-Q
- Comprehensive income and AOCI
Plain-English guides to terms this file uses, with real numbers from filings.
About these numbers
- Trimble names its fiscal year by the calendar year in which it starts, so FY2025 is the year that ended Jan 2, 2026.
Recent filings
| Form | Filed | Period |
|---|---|---|
| 10-Q | Nov 4, 2026 | Oct 2, 2026 |
| 10-Q | Aug 12, 2026 | Jul 3, 2026 |
| 10-Q | May 6, 2026 | Apr 3, 2026 |
| DEF 14A | Apr 9, 2026 | May 26, 2026 |
| 10-K | Feb 25, 2026 | Jan 2, 2026 |
Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters
Common questions about Trimble
How does Trimble make money?
Trimble's revenue was $3.6B in fiscal 2025. By segment in FY2025: Field Systems (43%), Architects, Engineers, Construction and Owners (42%) and Transportation and Logistics (15%), as shares of total revenue. Total revenue was $3.6B. Source: 10-K for fiscal 2025, filed Feb 25, 2026.
What was Trimble's revenue in fiscal 2025?
$3.6B of revenue for the fiscal year ended Jan 2, 2026, down 2.6% from $3.7B in fiscal 2024. Fiscal 2022 was $3.8B. Source: 10-K for fiscal 2025, filed Feb 25, 2026.
Is Trimble profitable?
Trimble reported net income of $424M for fiscal 2025, down 71.8% from $1.5B in fiscal 2024. That is a profit under US accounting rules (GAAP). In the quarter ended Oct 2, 2026, net income was $59M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Feb 25, 2026.
What did Trimble report in its latest quarterly filing?
Revenue was $967M in the quarter ended Oct 2, 2026, up 7.3% from $901M a year earlier. Net income was $59M, down 47.0% from $112M. Source: 10-Q for the quarter ended Oct 2, 2026, filed Nov 4, 2026.
How much cash and debt does Trimble have?
Trimble had $214M in cash and cash equivalents and $1.5B of total debt on Oct 2, 2026. Total debt here is short-term and long-term debt combined, at carrying value, as the company totals it. Source: 10-Q filed Nov 4, 2026.
What are the main risks Trimble faces?
Trimble's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Feb 25, 2026. Risks that are common among companies in the application software industry include Competition and AI; renewals; security incidents; sales execution; pricing. The first: Rivals, open-source products and shifts such as AI can change which products customers choose. Source: 10-K, Item 1A Risk Factors.
Where do these Trimble numbers come from?
From Trimble's own SEC filings: the 10-K for fiscal 2025 (filed Feb 25, 2026) and the 10-Q for the quarter ended Oct 2, 2026 (filed Nov 4, 2026), read through the SEC's public XBRL data. Each number on this page links to its filing. Methodology explains how fiscal years and missing numbers are handled.
Tracked funds that report owning Trimble
- Millennium Management: 1,381,394 shares, reported value $70.7M at Jun 30, 2026 (+115.5% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Renaissance Technologies: 1,356,244 shares, reported value $69.4M at Jun 30, 2026 (+43.3% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 13, 2026.
- ARK Investment Management: 1,331,680 shares, reported value $68.2M at Jun 30, 2026 (+6.7% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Point72 Asset Management: 724,173 shares, reported value $37.1M at Jun 30, 2026 (+506.2% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Citadel Advisors: 100,692 shares, reported value $5.2M at Jun 30, 2026 (−70.2% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
- Two Sigma Investments: 47,600 shares, reported value $2.4M at Jun 30, 2026 (−81.5% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.
Disclosures
- Editor holdings in TRMB
- The editor holds no position in Trimble (TRMB). As of Nov 11, 2026.
- Trading rule
- The editor does not buy or sell TRMB from 3 days before to 3 days after this page is published or substantively updated.
- Compensation
- Nobody paid for this page. No affiliate links on this page.
- Sources
- The company's SEC filings, linked next to each number or, for charts, in the source line under them.
- Last updated
- Nov 10, 2026
General education, the same for every reader. Not a recommendation to buy, sell or hold TRMB, and it doesn't consider your situation.
Compare with peers
| Company | Fiscal year | Revenue | Revenue growth | Net income |
|---|---|---|---|---|
| TrimbleTRMB | FY2025 | $3.6B | −2.6% | $424M |
| PalantirPLTR | FY2025 | $4.5B | +56.2% | $1.6B |
| OracleORCL | FY2026 | $67.4B | +17.3% | $17.1B |
| SalesforceCRM | FY2026 | $41.5B | +9.6% | $7.5B |
| DatadogDDOG | FY2025 | $3.4B | +27.7% | $108M |
Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.
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New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.