TRIMBLE INC.
For the period ended Apr 3, 2026. Filed May 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 3, 2026 · Filed May 6, 2026
TRMB$54.75+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
| First Quarter of | ||
|---|---|---|
| (In millions, except per share amounts) | 2026 | 2025 |
| Revenue: | ||
| Product | $311.2 | $271.6 |
| Subscription and services | 628.7 | 569.0 |
| Total revenue | 939.9 | 840.6 |
| Cost of sales: | ||
| Product | 158.2 | 143.7 |
| Subscription and services | 119.3 | 119.7 |
| Amortization of purchased intangible assets | 16.1 | 16.4 |
| Total cost of sales | 293.6 | 279.8 |
| Gross margin | 646.3 | 560.8 |
| Operating expense: | ||
| Research and development | 169.5 | 158.5 |
| Sales and marketing | 176.1 | 153.2 |
| General and administrative | 126.7 | 121.5 |
| Restructuring | 2.9 | 4.5 |
| Amortization of purchased intangible assets | 27.1 | 25.6 |
| Total operating expense | 502.3 | 463.3 |
| Operating income | 144.0 | 97.5 |
| Non-operating (expense) income, net: | ||
| Interest expense, net | (19.5) | (15.6) |
| Income from equity method investments, net | 0.8 | 1.0 |
| Other income, net | 6.0 | 3.5 |
| Total non-operating expense, net | (12.7) | (11.1) |
| Income before taxes | 131.3 | 86.4 |
| Income tax provision | 32.4 | 19.7 |
| Net income | $98.9 | $66.7 |
| Earnings per share: | ||
| Basic | $0.42 | $0.27 |
| Diluted | $0.42 | $0.27 |
| Shares used in calculating earnings per share: | ||
| Basic | 234.5 | 243.3 |
| Diluted | 236.9 | 246.2 |
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