FirmAtlas
Company handbook · TRMB · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
TRMB · CIK 864749 · LATEST FILING: 10-Q JUL '26 · FILED AUG 12, 2026
TRIMBLE INC.
$59.46
−1.51 (−2.48%)
Close, Oct 16, 2026 · 52-week $48–84
Last fiscal year
TRIMBLE INC. reported revenue of $3.6B for the year ended Jan 2, 2026 (FY25), down 2.6% from FY24. Net income was $424M, operating cash flow $386M and free cash flow $361M. Source: 10-K filed Feb 25, 2026.
Market cap
$14.0B
EV/EBITDA
19.2x
P/B
2.8
ROIC
7.4%
Revenue 1Y
−2.6%/yr
EPS 1Y
−71.1%/yr
Shares 1Y
−4%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEORobert G. Painter
HQWestminster, CO
AuditorKPMG LLP
Employees11,500
Year endsJanuary
Revenue by segment · FY25
Field Systems43%
Architects Engineers Construction And Owners42%
Transportation And Logistics15%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
7.6%
−6.9%
5.5%
−23.6%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$1.1B deployed
Capex
$59M
5.2%
Acquisitions
$26M
2.3%
Buybacks
$1.0B
92.4%
Operating cash flow over the period: $918M. Total debt changed by +$2M. R&D of $1.3B is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Jan 2, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jul '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
3,683
3,587−2.6%
3,783
YoY
−2.6%
Gross profit
2,396
2,478+3.4%
2,640
Gross margin
65.1%
69.1%+4.0 pp
—
Operating income
461
592+28.5%
643
Operating margin
12.5%
16.5%+4.0 pp
—
EBITDA
693
792+14.3%
—
EBITDA margin
18.8%
22.1%+3.3 pp
—
Interest expense
91
74−18.0%
—
Interest coverage
7.64x
10.64x+3.01x
—
Net income
1,504
424−71.8%
(105)
YoY
−71.8%
Net margin
40.8%
11.8%−29.0 pp
—
EPS (diluted, $)
6.09
1.76−71.1%
−0.48
YoY
−71.1%
Balance sheet
Total assets
9,488
9,312−1.9%
8,541
Cash & short-term investments
748
253−66.1%
—
Accounts receivable
726
856+17.9%
—
Inventory
194
186−4.1%
—
Net PP&E
188
183−3.0%
—
Other assets
7,632
7,834+2.6%
—
Total liabilities
3,743
3,476−7.1%
3,430
Accounts payable
162
168+4.1%
—
Total debt
1,391
1,392+0.1%
1,459
Other liabilities
2,191
1,915−12.6%
—
Shareholders’ equity
5,745
5,836+1.6%
5,111
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
531
386−27.3%
799
Net income
1,504
424−71.8%
—
Depreciation & amortization
232
200−13.8%
—
Stock-based compensation
159
146−7.6%
—
Working capital & other
(1,364)
(384)n/m
—
Cash from investing
1,861
(37)−102.0%
—
Capex
(34)
(25)n/m
—
Acquisitions
(22)
(4)n/m
—
Other investing
1,917
(7)−100.4%
—
Cash from financing
(1,864)
(868)n/m
—
Debt repaid
(2,199)
(577)n/m
—
Buybacks
(175)
(863)n/m
—
Shares issued
(6)
0.6n/m
—
Other financing
517
572+10.6%
—
Net change in cash
509
(494)−197.2%
—
Free cash flow (OCF − capex)
498
361−27.5%
773
Where the cash went
Operating cash flow
531
386−27.3%
799
Reinvested in the business
56
30−46.6%
—
% of operating cash flow
10.5%
7.7%
Capex
34
25−24.7%
26
Acquisitions
22
4−80.0%
—
R&D (memo, already in costs)
662
631−4.8%
—
Free cash flow
498
361−27.5%
773
YoY
−27.5%
Returned to shareholders
175
863+393.4%
—
% of free cash flow
35.2%
239.2%
Buybacks
175
863+393.4%
—
Change in total debt
—
2
—
Cash left over
—
(505)
—
FCF conversion (FCF ÷ net income)
33.1%
85.1%+52.0 pp
—
Owner earnings
—
483
—
Owner earnings margin
—
13.5%
—
Returns & ratios
ROIC (all capital)
5.4%
7.4%+2.0 pp
—
ROIC (operating)
36.5%
49.2%+12.7 pp
—
Net debt / EBITDA
0.93x
1.44x+0.51x
—
Debt / equity
0.24x
0.24x−0.00x
—
Cash conversion cycle (days)
81
93+12 d
—
ROE
26.2%
7.3%−18.9 pp
—
ROA
15.9%
4.6%−11.3 pp
—
ROCE
6.0%
7.6%+1.6 pp
—
NOPAT
346
493+42.6%
—
Invested capital (operating)
947
1,057+11.6%
—
Invested capital (all)
6,388
6,975+9.2%
—
Reinvestment rate
—
22.3%
—
Debtor days
72
87+15 d
—
Inventory days
55
61+6 d
—
Days payable
46
55+10 d
—
Income
Oct '25
Jan '26
Apr '26
Jul '26
Revenue
901
970
940
972
vs year-ago quarter
Gross profit
621
698
646
675
Gross margin
68.9%
72.0%
68.8%
69.4%
Operating income
150
216
144
132
Net income
112
157
99
(472)
vs year-ago quarter
Net margin
12.4%
16.1%
10.5%
−48.5%
EPS (diluted, $)
0.46
0.66
0.42
−2.02
vs year-ago quarter
Balance sheet
Oct '25
Jan '26
Apr '26
Jul '26
Total assets
9,020
9,312
8,991
8,541
Cash & equivalents
233
253
234
214
Total debt
1,392
1,392
1,413
1,459
Shareholders’ equity
5,790
5,836
5,637
5,111
Cash flow
Oct '25
Jan '26
Apr '26
Jul '26
Operating cash flow
124
160
275
240
Capex
7
6
6
7
Free cash flow
117
155
269
233
vs year-ago quarter