TRIMBLE INC.

For the period ended Jan 2, 2026. Filed Feb 25, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Feb 25, 2026

TRMB$54.75+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(In millions, except per share amounts)	2025	2024	2023
Revenue:
Product	$1,135.2	$1,284.0	$1,771.7
Subscription and services	2,452.1	2,399.3	2,027.0
Total revenue	3,587.3	3,683.3	3,798.7
Cost of sales:
Product	576.5	698.3	875.0
Subscription and services	467.7	495.4	482.2
Amortization of purchased intangible assets	65.2	93.3	108.7
Total cost of sales	1,109.4	1,287.0	1,465.9
Gross margin	2,477.9	2,396.3	2,332.8
Operating expense:
Research and development	630.7	662.3	664.3
Sales and marketing	646.0	603.8	583.0
General and administrative	483.1	547.9	487.5
Restructuring	19.3	15.9	45.6
Amortization of purchased intangible assets	106.8	105.7	103.6
Total operating expense	1,885.9	1,935.6	1,884.0
Operating income	592.0	460.7	448.8
Non-operating (expense) income, net:
Divestitures gain, net	3.0	1,687.9	9.2
Interest expense, net	(74.4)	(90.7)	(161.0)
(Loss) income from equity method investments, net	(0.2)	(48.1)	28.1
Other (loss) income, net	(11.0)	(3.9)	31.9
Total non-operating (expense) income, net	(82.6)	1,545.2	(91.8)
Income before taxes	509.4	2,005.9	357.0
Income tax provision	85.4	501.5	45.7
Net income	$424.0	$1,504.4	$311.3
Earnings per share:
Basic	$1.77	$6.13	$1.26
Diluted	$1.76	$6.09	$1.25
Shares used in calculating earnings per share:
Basic	239.2	245.5	247.9
Diluted	241.5	247.2	249.1

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.