Trimble (TRMB) Financials

$56.34 +0.37 (+0.66%)

Closing price 05/22/2026 04:00 PM Eastern

Extended Trading

$56.50 +0.15 (+0.28%)

As of 05/22/2026 07:22 PM Eastern

Annual Income Statements for Trimble

This table shows Trimble's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	1/1/2016	12/30/2016	12/29/2017	12/28/2018	1/3/2020	1/1/2021	12/31/2021	12/30/2022	12/29/2023	1/3/2025	1/2/2026
Net Income / (Loss) Attributable to Common Shareholders	121	132	118	283	514	390	493	450	311	1,504	424
Consolidated Net Income / (Loss)	121	132	119	283	515	391	493	450	311	1,504	424
Net Income / (Loss) Continuing Operations	121	132	119	283	515	391	493	450	311	1,504	424
Total Pre-Tax Income	152	176	248	278	345	395	575	569	357	2,006	509
Total Operating Income	154	180	236	321	376	420	561	511	449	461	592
Total Gross Profit	1,202	1,235	1,378	1,784	1,781	1,755	2,035	2,106	2,333	2,396	2,478
Total Revenue	2,290	2,362	2,647	3,108	3,264	3,148	3,659	3,676	3,799	3,683	3,587
Operating Revenue	2,290	2,362	2,647	3,108	3,264	3,148	3,659	3,676	3,799	3,683	3,587
Total Cost of Revenue	1,088	1,128	1,269	1,324	1,483	1,393	1,624	1,571	1,466	1,287	1,109
Operating Cost of Revenue	1,088	1,128	1,269	1,324	1,483	1,393	1,624	1,571	1,466	1,287	1,109
Total Operating Expenses	1,048	1,054	1,142	1,464	1,405	1,335	1,474	1,595	1,884	1,936	1,886
Selling, General & Admin Expense	255	256	302	350	331	301	369	422	488	548	483
Marketing Expense	375	375	400	480	504	467	507	554	583	604	646
Research & Development Expense	337	350	370	446	470	476	537	542	664	662	631
Amortization Expense	70	62	63	180	74	66	51	47	104	106	107
Restructuring Charge	11	12	6.90	8.20	27	26	10	30	46	16	19
Total Other Income / (Expense), net	-2.60	-4.30	13	-43	-31	-25	14	58	-92	1,545	-83
Interest Expense	26	26	25	73	82	78	65	-	161	91	74
Interest & Investment Income	18	18	30	29	36	39	38	-40	28	-48	-0.20
Other Income / (Expense), net	5.10	4.00	8.20	1.80	16	13	41	98	41	1,684	-8.00
Income Tax Expense	31	44	130	-5.30	-170	4.40	82	119	46	502	85
Basic Earnings per Share	$0.47	$0.53	$0.47	$1.13	$2.05	$1.56	$1.96	$1.81	$1.26	$6.13	$1.77
Weighted Average Basic Shares Outstanding	255.80M	250.50M	252.10M	250M	250.80M	250.50M	251.40M	248.60M	247.90M	245.50M	239.20M
Diluted Earnings per Share	$0.47	$0.52	$0.46	$1.12	$2.03	$1.55	$1.94	$1.80	$1.25	$6.09	$1.76
Weighted Average Diluted Shares Outstanding	258.50M	253.90M	256.70M	253.40M	252.90M	252.30M	254.30M	250.20M	249.10M	247.20M	241.50M
Weighted Average Basic & Diluted Shares Outstanding	257.70M	249.80M	251.90M	250.30M	250.17M	250.97M	251.22M	246.95M	245.69M	-	233.93M

This table shows Trimble's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
Net Income / (Loss) Attributable to Common Shareholders	75	63	57	1,316	41	90	67	89	112	157	99
Consolidated Net Income / (Loss)	75	63	57	1,316	41	90	67	89	112	157	99
Net Income / (Loss) Continuing Operations	75	63	57	1,316	41	90	67	89	112	157	99
Total Pre-Tax Income	79	60	73	1,762	73	98	86	113	125	185	131
Total Operating Income	121	97	109	62	116	174	98	128	151	216	144
Total Gross Profit	590	577	594	546	576	681	561	598	621	698	646
Total Revenue	957	932	953	871	876	983	841	876	901	970	940
Operating Revenue	957	932	953	871	876	983	841	876	901	970	940
Total Cost of Revenue	367	355	360	325	300	302	280	278	280	272	294
Operating Cost of Revenue	367	355	360	325	300	302	280	278	280	272	294
Total Operating Expenses	469	480	484	484	459	508	463	470	471	482	502
Selling, General & Admin Expense	117	118	134	149	128	138	122	118	118	127	127
Marketing Expense	146	146	147	143	147	167	153	158	159	176	176
Research & Development Expense	163	168	170	162	156	175	159	163	153	156	170
Amortization Expense	31	29	27	27	27	26	26	27	27	27	27
Restructuring Charge	12	20	6.60	5.10	2.40	1.80	4.50	4.00	14	-3.40	2.90
Total Other Income / (Expense), net	-42	-37	-36	1,700	-43	-76	-11	-15	-25	-32	-13
Interest Expense	47	48	45	18	14	-	16	19	21	19	20
Interest & Investment Income	5.20	3.50	5.60	4.30	-0.60	-148	1.00	2.30	-0.50	-3.00	0.80
Other Income / (Expense), net	-0.30	6.90	3.40	1,714	-29	-5.00	3.50	2.60	-4.20	-9.90	6.00
Income Tax Expense	4.50	-3.50	16	446	33	7.60	20	24	14	28	32
Basic Earnings per Share	$0.30	$0.26	$0.23	$5.37	$0.17	$0.36	$0.27	$0.37	$0.47	$0.66	$0.42
Weighted Average Basic Shares Outstanding	248.60M	247.90M	245.50M	245.10M	245.60M	245.50M	243.30M	238.10M	238.20M	239.20M	234.50M
Diluted Earnings per Share	$0.30	$0.25	$0.23	$5.34	$0.16	$0.36	$0.27	$0.37	$0.46	$0.66	$0.42
Weighted Average Diluted Shares Outstanding	249.70M	249.10M	247.40M	246.40M	246.90M	247.20M	246.20M	239.60M	240.40M	241.50M	236.90M
Weighted Average Basic & Diluted Shares Outstanding	248.77M	245.69M	-	-	-	0.00	238.59M	237.97M	237.92M	233.93M	233.11M

This table details how cash moves in and out of Trimble's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	1/1/2016	12/30/2016	12/29/2017	12/28/2018	1/3/2020	1/1/2021	12/31/2021	12/30/2022	12/29/2023	1/3/2025	1/2/2026
Net Change in Cash & Equivalents	-32	100	142	-174	17	49	88	-55	-32	509	-494
Net Cash From Operating Activities	357	431	430	487	585	672	751	391	597	531	386
Net Cash From Continuing Operating Activities	357	431	430	487	585	672	751	391	597	531	386
Net Income / (Loss) Continuing Operations	121	132	119	283	515	391	493	450	311	1,504	424
Consolidated Net Income / (Loss)	121	132	119	283	515	391	493	450	311	1,504	424
Depreciation Expense	37	37	35	36	39	40	41	172	251	232	200
Non-Cash Adjustments To Reconcile Net Income	53	71	59	100	73	113	98	63	148	-1,435	232
Changes in Operating Assets and Liabilities, net	-15	40	69	-112	-209	-29	-20	-293	-113	230	-470
Net Cash From Investing Activities	-172	-147	-371	-1,650	-275	-232	-204	-226	-2,068	1,861	-37
Net Cash From Continuing Investing Activities	-172	-147	-371	-1,650	-275	-232	-204	-226	-2,068	1,861	-37
Purchase of Property, Plant & Equipment	-44	-26	-44	-68	-69	-57	-46	-43	-42	-34	-25
Acquisitions	-162	-24	-280	-1,764	-221	-202	-236	-374	-2,089	-22	-4.40
Divestitures	12	-	-	-	0.50	28	67	215	17	1,923	-4.40
Other Investing Activities, net	21	14	21	2.50	14	-0.60	11	-25	46	-6.70	-2.90
Net Cash From Financing Activities	-205	-177	67	989	-293	-400	-448	-199	1,432	-1,864	-868
Net Cash From Continuing Financing Activities	-205	-177	67	989	-293	-400	-448	-199	1,432	-1,864	-868
Repayment of Debt	-555	-480	-508	-1,934	-1,337	-1,503	-452	-606	-2,322	-2,204	-583
Repurchase of Common Equity	-234	-120	-285	-93	-180	-82	-180	-395	-100	-175	-863
Issuance of Debt	555	355	786	2,976	1,195	1,174	199	815	3,847	521	577
Issuance of Common Equity	30	68	74	40	29	10	-15	-14	6.70	-6.50	0.60
Effect of Exchange Rate Changes	-12	-6.80	17	-	-0.40	8.60	-11	-21	7.40	-19	25
Cash Interest Paid	-	-	-	69	79	72	62	73	134	140	82
Cash Income Taxes Paid	-	-	-	62	63	59	98	197	168	106	150

This table details how cash moves in and out of Trimble's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
Net Change in Cash & Equivalents	-14	16	23	683	110	-306	-458	-24	-33	21	-19
Net Cash From Operating Activities	147	99	234	88	95	115	156	-54	124	160	275
Net Cash From Continuing Operating Activities	147	99	234	88	95	115	156	-54	124	160	275
Net Income / (Loss) Continuing Operations	75	63	57	1,316	41	90	67	89	112	157	99
Consolidated Net Income / (Loss)	75	63	57	1,316	41	90	67	89	112	157	99
Depreciation Expense	165	-147	63	63	53	53	49	50	51	51	50
Non-Cash Adjustments To Reconcile Net Income	37	52	34	-1,669	93	107	42	71	52	67	40
Changes in Operating Assets and Liabilities, net	-33	-81	80	378	-92	-135	-2.40	-263	-90	-114	86
Net Cash From Investing Activities	-14	-3.70	-3.50	1,875	-11	1.10	-15	-13	-8.90	-0.90	-5.10
Net Cash From Continuing Investing Activities	-14	-3.70	-3.50	1,875	-11	1.10	-15	-13	-8.90	-0.90	-5.10
Purchase of Property, Plant & Equipment	-13	-9.80	-6.80	-14	-6.40	-6.10	-6.60	-5.90	-7.20	-5.60	-6.10
Divestitures	5.90	1.90	-	-	-3.80	0.20	-7.30	-	0.80	2.10	0.00
Other Investing Activities, net	1.50	4.20	3.30	-16	-0.70	7.00	-0.60	4.90	-2.50	2.60	1.00
Net Cash From Financing Activities	-141	-89	-202	-1,278	16	-401	-611	29	-147	-139	-286
Net Cash From Continuing Financing Activities	-141	-89	-202	-1,278	16	-401	-611	29	-147	-139	-286
Repayment of Debt	-547	-436	-560	-1,244	-	-400	-115	-116	-350	-2.60	-147
Repurchase of Common Equity	-	-100	-175	-	-	-	-627	-50	-50	-136	-323
Issuance of Debt	388	448	521	-	-	-	115	234	229	-	167
Issuance of Common Equity	18	-1.30	12	-34	16	-0.50	16	-39	24	-0.50	17
Effect of Exchange Rate Changes	-6.00	10	-5.40	-2.00	9.90	-22	12	14	-	-	-3.00
Cash Income Taxes Paid	-	96	8.40	41	32	25	48	40	27	35	11

This table presents Trimble's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	1/1/2016	12/30/2016	12/29/2017	12/28/2018	1/3/2020	1/1/2021	12/31/2021	12/30/2022	12/29/2023	1/3/2025	1/2/2026
Total Assets	3,681	3,674	4,316	5,776	6,641	6,877	7,100	7,269	9,539	9,488	9,312
Total Current Assets	798	979	1,312	1,089	1,212	1,281	1,451	1,518	1,831	2,270	1,632
Cash & Equivalents	116	216	359	173	189	238	326	271	230	739	253
Accounts Receivable	377	390	471	513	608	621	625	643	707	726	856
Inventories, net	261	219	265	298	312	302	363	403	236	194	186
Prepaid Expenses	-	-	-	-	-	-	-	74	90	103	103
Other Current Assets	45	43	39	106	102	122	137	128	148	196	234
Plant, Property, & Equipment, net	159	144	174	213	241	252	233	219	203	188	183
Total Noncurrent Assets	2,723	2,551	2,831	4,474	5,188	5,344	5,416	5,532	7,506	7,030	7,497
Long-Term Investments	-	-	-	-	-	-	-	-	128	361	611
Goodwill	2,106	2,078	2,287	3,540	3,681	3,877	3,982	4,138	5,351	4,988	5,240
Intangible Assets	487	333	365	744	679	580	507	498	1,244	998	924
Noncurrent Deferred & Refundable Income Taxes	-	-	-	12	476	510	502	438	412	294	260
Other Noncurrent Operating Assets	130	140	179	178	353	377	426	457	372	388	463
Total Liabilities & Shareholders' Equity	3,681	3,674	4,316	5,776	6,641	6,877	7,100	7,269	9,539	9,488	9,312
Total Liabilities	1,460	1,368	1,902	3,102	3,520	3,278	3,155	3,219	5,039	3,743	3,476
Total Current Liabilities	661	688	773	1,055	1,190	1,311	1,189	1,462	1,829	1,788	1,503
Short-Term Debt	118	130	128	256	219	256	0.00	300	530	-	0.00
Accounts Payable	100	110	146	148	159	143	207	176	165	162	168
Current Deferred Revenue	235	247	238	348	490	561	549	639	663	800	894
Current Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	-	24	40	325	18
Current Employee Benefit Liabilities	99	98	144	169	124	167	231	159	181	227	212
Other Current Liabilities	91	87	99	134	198	185	202	164	201	211	212
Total Noncurrent Liabilities	799	680	1,128	2,046	2,330	1,967	1,966	1,757	3,210	1,955	1,972
Long-Term Debt	611	490	786	1,712	1,624	1,291	1,293	1,220	2,536	1,391	1,392
Noncurrent Deferred Revenue	30	38	133	110	121	116	138	99	98	96	105
Noncurrent Deferred & Payable Income Tax Liabilities	52	39	48	74	318	300	263	158	288	200	191
Other Noncurrent Operating Liabilities	107	114	162	150	267	260	273	280	288	269	285
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,221	2,306	2,415	2,675	3,120	3,599	3,945	4,050	4,500	5,745	5,836
Total Preferred & Common Equity	2,220	2,306	2,415	2,674	3,119	3,597	3,945	4,050	4,500	5,745	5,836
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,220	2,306	2,415	2,674	3,119	3,597	3,945	4,050	4,500	5,745	5,836
Common Stock	1,238	1,349	1,461	1,592	1,693	1,802	1,936	2,055	2,215	2,370	2,438
Retained Earnings	1,148	1,177	1,085	1,268	1,603	1,893	2,171	2,230	2,437	3,758	3,388
Accumulated Other Comprehensive Income / (Loss)	-167	-220	-131	-186	-177	-99	-162	-235	-152	-382	11

This table presents Trimble's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	3/31/2023	6/30/2023	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	4/4/2025	7/4/2025	10/3/2025	4/3/2026
Total Assets	8,013	9,556	9,331	9,539	9,321	9,598	9,867	8,899	9,099	9,020	8,991
Total Current Assets	2,239	1,462	1,691	1,831	1,840	1,965	2,311	1,283	1,290	1,259	1,393
Cash & Equivalents	1,038	237	217	230	255	944	1,037	290	266	233	234
Accounts Receivable	579	664	641	707	633	577	526	530	540	543	618
Inventories, net	409	371	257	236	230	223	192	187	180	175	188
Prepaid Expenses	-	-	-	90	104	95	95	116	110	108	123
Other Current Assets	213	189	196	148	112	126	149	160	195	201	230
Plant, Property, & Equipment, net	215	224	204	203	198	201	192	187	187	186	181
Total Noncurrent Assets	5,559	7,870	7,437	7,506	7,283	7,431	7,364	7,430	7,623	7,575	7,418
Long-Term Investments	-	-	-	-	-	-	-	619	631	623	617
Goodwill	4,177	5,560	5,280	5,351	5,196	5,198	5,142	5,107	5,248	5,237	5,214
Intangible Assets	484	1,403	1,260	1,244	1,168	1,115	1,103	989	1,015	967	872
Noncurrent Deferred & Refundable Income Taxes	432	426	418	412	408	308	312	314	300	287	256
Other Noncurrent Operating Assets	466	481	479	500	512	810	808	401	429	461	459
Total Liabilities & Shareholders' Equity	8,013	9,556	9,331	9,539	9,321	9,598	9,867	8,899	9,099	9,020	8,991
Total Liabilities	3,768	5,225	4,988	5,039	4,972	3,964	3,992	3,480	3,411	3,230	3,354
Total Current Liabilities	1,481	1,301	1,338	1,829	1,836	1,978	1,987	1,521	1,377	1,254	1,374
Short-Term Debt	300	4.30	58	530	543	400	400	-	71	-	10
Accounts Payable	167	180	180	165	191	175	177	171	160	159	176
Current Deferred Revenue	659	641	594	663	720	715	662	795	781	739	863
Current Deferred & Payable Income Tax Liabilities	-	-	105	40	22	328	314	276	19	16	16
Current Employee Benefit Liabilities	131	172	170	181	137	165	195	111	169	162	125
Other Current Liabilities	224	304	184	201	182	195	197	168	177	178	184
Total Noncurrent Liabilities	2,287	3,924	3,650	3,210	3,137	1,987	2,005	1,959	2,034	1,976	1,980
Long-Term Debt	1,787	3,185	2,995	2,536	2,487	1,390	1,390	1,391	1,441	1,392	1,403
Noncurrent Deferred Revenue	142	128	98	98	99	99	95	98	101	103	108
Noncurrent Deferred & Payable Income Tax Liabilities	120	353	284	288	265	227	236	203	212	193	189
Other Noncurrent Operating Liabilities	238	259	272	288	286	271	284	268	280	289	281
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,245	4,331	4,343	4,500	4,349	5,633	5,875	5,419	5,688	5,790	5,637
Total Preferred & Common Equity	4,245	4,331	4,343	4,500	4,349	5,633	5,875	5,419	5,688	5,790	5,637
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,245	4,331	4,343	4,500	4,349	5,633	5,875	5,419	5,688	5,790	5,637
Common Stock	2,108	2,144	2,202	2,215	2,241	2,275	2,331	2,334	2,365	2,422	2,449
Retained Earnings	2,356	2,381	2,455	2,437	2,341	3,628	3,668	3,284	3,294	3,360	3,217
Accumulated Other Comprehensive Income / (Loss)	-218	-194	-314	-152	-233	-270	-124	-198	30	7.60	-29

This table displays calculated financial ratios and metrics derived from Trimble's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	1/1/2016	12/30/2016	12/29/2017	12/28/2018	1/3/2020	1/1/2021	12/31/2021	12/30/2022	12/29/2023	1/3/2025	1/2/2026
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.39%	3.13%	12.04%	17.45%	5.02%	-3.57%	16.25%	0.47%	3.33%	-3.04%	-2.61%
EBITDA Growth	-22.70%	3.79%	14.80%	25.84%	11.33%	5.36%	24.02%	-0.17%	-5.17%	220.96%	-67.02%
EBIT Growth	-41.42%	15.61%	32.27%	32.23%	21.36%	10.68%	39.04%	1.13%	-19.57%	337.78%	-72.77%
NOPAT Growth	-41.46%	10.31%	-16.91%	190.42%	71.63%	-25.99%	15.90%	-16.09%	-3.06%	-11.71%	42.61%
Net Income Growth	-43.57%	9.53%	-10.36%	139.07%	81.61%	-24.08%	26.16%	-8.75%	-30.78%	383.26%	-71.82%
EPS Growth	-41.98%	10.64%	-11.54%	143.48%	81.25%	-23.65%	25.16%	-7.22%	-30.56%	387.20%	-71.10%
Operating Cash Flow Growth	-12.31%	20.76%	-0.32%	13.27%	20.20%	14.87%	11.68%	-47.87%	52.63%	-11.00%	-27.32%
Free Cash Flow Firm Growth	100.88%	61.96%	-121.56%	-1,589.80%	119.02%	9.37%	69.51%	-96.50%	-7,720.60%	221.76%	-106.07%
Invested Capital Growth	-3.62%	-8.32%	7.41%	60.19%	6.79%	2.80%	0.08%	7.88%	31.42%	-15.35%	9.98%
Revenue Q/Q Growth	-0.18%	1.10%	4.52%	2.84%	-20.00%	2.21%	32.07%	-1.86%	2.04%	0.00%	-0.38%
EBITDA Q/Q Growth	-11.89%	5.80%	-1.09%	9.00%	-0.32%	7.78%	-1.76%	-2.53%	7.65%	0.00%	4.76%
EBIT Q/Q Growth	-23.35%	17.60%	-3.90%	12.64%	1.37%	12.02%	-1.63%	-3.21%	-0.55%	0.00%	6.92%
NOPAT Q/Q Growth	-20.90%	6.88%	-36.12%	83.37%	55.87%	-24.85%	-9.19%	-7.38%	1.53%	0.00%	6.01%
Net Income Q/Q Growth	-20.96%	11.66%	-38.28%	76.29%	59.83%	-20.17%	-11.72%	-6.20%	-6.77%	0.00%	18.57%
EPS Q/Q Growth	-21.67%	10.64%	-37.84%	75.00%	58.59%	-20.10%	-11.82%	-5.26%	-7.41%	0.00%	20.55%
Operating Cash Flow Q/Q Growth	-4.29%	17.27%	-7.93%	-1.06%	3.59%	10.91%	-4.21%	-11.17%	-1.19%	3.14%	13.26%
Free Cash Flow Firm Q/Q Growth	22.51%	47.46%	-273.82%	5.63%	-44.30%	309.68%	-29.52%	699.06%	4.85%	0.00%	-117.06%
Invested Capital Q/Q Growth	-0.17%	-4.26%	-1.86%	0.33%	9.66%	1.46%	4.73%	3.41%	1.69%	0.00%	0.60%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	52.49%	52.26%	52.05%	57.40%	54.56%	55.75%	55.61%	57.28%	61.41%	65.06%	69.07%
EBITDA Margin	15.66%	15.76%	16.15%	17.30%	18.34%	20.04%	21.38%	21.24%	19.49%	64.53%	21.85%
Operating Margin	6.74%	7.64%	8.91%	10.32%	11.52%	13.34%	15.33%	13.90%	11.81%	12.51%	16.50%
EBIT Margin	6.96%	7.81%	9.22%	10.38%	11.99%	13.76%	16.46%	16.57%	12.90%	58.23%	16.28%
Profit (Net Income) Margin	5.27%	5.60%	4.48%	9.11%	15.76%	12.41%	13.47%	12.23%	8.19%	40.84%	11.82%
Tax Burden Percent	79.51%	75.07%	47.74%	101.91%	149.22%	98.89%	85.76%	79.02%	87.20%	75.00%	83.24%
Interest Burden Percent	95.17%	95.50%	101.76%	86.20%	88.09%	91.18%	95.40%	93.43%	72.87%	93.53%	87.23%
Effective Tax Rate	20.49%	24.93%	52.26%	-1.91%	-49.22%	1.11%	14.24%	20.98%	12.80%	25.00%	16.76%
Return on Invested Capital (ROIC)	4.25%	4.99%	4.18%	9.00%	12.13%	8.57%	9.80%	7.91%	6.38%	5.47%	8.11%
ROIC Less NNEP Spread (ROIC-NNEP)	3.91%	4.27%	5.96%	5.00%	9.44%	6.92%	10.82%	12.06%	2.07%	102.96%	-16.04%
Return on Net Nonoperating Assets (RNNOA)	1.03%	0.86%	0.84%	2.13%	5.62%	3.05%	3.27%	3.34%	0.90%	23.89%	-0.79%
Return on Equity (ROE)	5.28%	5.84%	5.02%	11.13%	17.76%	11.63%	13.07%	11.25%	7.28%	29.37%	7.32%
Cash Return on Invested Capital (CROIC)	7.94%	13.67%	-2.97%	-37.26%	5.57%	5.81%	9.72%	0.33%	-20.77%	22.10%	-1.39%
Operating Return on Assets (OROA)	4.23%	5.01%	6.11%	6.39%	6.30%	6.41%	8.62%	8.48%	5.83%	22.54%	6.21%
Return on Assets (ROA)	3.20%	3.60%	2.97%	5.61%	8.29%	5.78%	7.05%	6.26%	3.70%	15.81%	4.51%
Return on Common Equity (ROCE)	5.26%	5.84%	5.02%	11.13%	17.75%	11.62%	13.06%	11.25%	7.28%	29.37%	7.32%
Return on Equity Simple (ROE_SIMPLE)	5.44%	5.73%	4.91%	10.59%	16.50%	10.86%	12.49%	11.10%	6.92%	26.18%	0.00%
Net Operating Profit after Tax (NOPAT)	123	135	113	327	561	415	481	404	391	346	493
NOPAT Margin	5.36%	5.73%	4.25%	10.51%	17.18%	13.19%	13.15%	10.98%	10.30%	9.38%	13.74%
Net Nonoperating Expense Percent (NNEP)	0.34%	0.71%	-1.78%	4.01%	2.69%	1.66%	-1.02%	-4.15%	4.31%	-97.48%	24.15%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	9.19%	7.25%	5.17%	4.84%	6.82%
Cost of Revenue to Revenue	47.51%	47.74%	47.95%	42.60%	45.44%	44.25%	44.39%	42.73%	38.59%	34.94%	30.93%
SG&A Expenses to Revenue	11.15%	10.84%	11.40%	11.25%	10.13%	9.56%	10.09%	11.48%	12.83%	14.88%	13.47%
R&D to Revenue	14.70%	14.80%	13.99%	14.35%	14.39%	15.12%	14.66%	14.75%	17.49%	17.98%	17.58%
Operating Expenses to Revenue	45.75%	44.63%	43.15%	47.08%	43.04%	42.42%	40.27%	43.38%	49.60%	52.55%	52.57%
Earnings before Interest and Taxes (EBIT)	160	184	244	323	391	433	602	609	490	2,145	584
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	359	372	427	538	599	631	782	781	741	2,377	784
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.42	3.28	4.24	3.00	3.32	4.64	5.55	3.08	2.94	3.06	3.19
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.35	3.20	3.87	2.58	3.17	5.31	5.98	3.39	3.48	4.77	5.20
Price to Earnings (P/E)	44.37	57.06	86.42	28.37	20.11	42.84	44.42	27.73	42.51	11.67	43.95
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.25%	1.75%	1.16%	3.53%	4.97%	2.33%	2.25%	3.61%	2.35%	8.57%	2.28%
Enterprise Value to Invested Capital (EV/IC)	2.11	3.02	3.80	2.20	2.51	3.67	4.65	2.59	2.31	3.08	3.01
Enterprise Value to Revenue (EV/Rev)	2.61	3.32	4.01	3.16	3.68	5.72	6.25	3.73	4.23	4.85	5.34
Enterprise Value to EBITDA (EV/EBITDA)	16.70	21.08	24.83	18.26	20.04	28.56	29.22	17.57	21.70	7.51	24.45
Enterprise Value to EBIT (EV/EBIT)	37.54	42.56	43.49	30.44	30.65	41.59	37.94	22.52	32.81	8.32	32.82
Enterprise Value to NOPAT (EV/NOPAT)	48.77	57.95	94.27	30.04	21.39	43.40	47.50	33.98	41.07	51.65	38.89
Enterprise Value to Operating Cash Flow (EV/OCF)	16.77	18.20	24.69	20.17	20.51	26.81	30.45	35.07	26.92	33.58	49.62
Enterprise Value to Free Cash Flow (EV/FCFF)	26.12	21.13	0.00	0.00	46.63	64.02	47.91	820.93	0.00	12.79	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.33	0.27	0.38	0.74	0.59	0.43	0.33	0.38	0.68	0.24	0.24
Long-Term Debt to Equity	0.28	0.21	0.33	0.64	0.52	0.36	0.33	0.30	0.56	0.24	0.24
Financial Leverage	0.26	0.20	0.14	0.43	0.60	0.44	0.30	0.28	0.43	0.23	0.05
Leverage Ratio	1.65	1.62	1.69	1.98	2.14	2.01	1.85	1.80	1.97	1.86	1.62
Compound Leverage Factor	1.57	1.55	1.72	1.71	1.89	1.83	1.77	1.68	1.43	1.74	1.42
Debt to Total Capital	24.73%	21.19%	27.46%	42.39%	37.13%	30.07%	24.69%	27.29%	40.53%	19.49%	19.26%
Short-Term Debt to Total Capital	4.01%	4.45%	3.86%	5.52%	4.41%	4.97%	0.00%	5.39%	7.01%	0.00%	0.00%
Long-Term Debt to Total Capital	20.72%	16.74%	23.60%	36.88%	32.72%	25.10%	24.69%	21.90%	33.52%	19.49%	19.26%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.03%	0.00%	0.00%	0.01%	0.03%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	75.24%	78.81%	72.54%	57.60%	62.84%	69.90%	75.31%	72.71%	59.47%	80.51%	80.74%
Debt to EBITDA	2.03	1.67	2.14	3.66	3.08	2.45	1.65	1.95	4.14	0.59	1.78
Net Debt to EBITDA	1.71	0.79	0.88	3.34	2.76	2.08	1.24	1.60	3.83	0.12	0.67
Long-Term Debt to EBITDA	1.71	1.32	1.84	3.18	2.71	2.05	1.65	1.56	3.43	0.59	1.78
Debt to NOPAT	5.94	4.58	8.12	6.02	3.29	3.73	2.69	3.77	7.84	4.02	2.83
Net Debt to NOPAT	5.00	2.16	3.35	5.50	2.95	3.15	2.01	3.09	7.25	0.84	1.07
Long-Term Debt to NOPAT	4.98	3.62	6.98	5.24	2.90	3.11	2.69	3.02	6.48	4.02	2.83
Altman Z-Score	3.45	4.67	4.53	2.59	2.79	4.10	5.43	3.55	2.50	4.56	4.34
Noncontrolling Interest Sharing Ratio	0.28%	0.02%	0.00%	0.01%	0.03%	0.05%	0.02%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.21	1.42	1.70	1.03	1.02	0.98	1.22	1.04	1.00	1.27	1.09
Quick Ratio	0.75	1.04	1.30	0.65	0.67	0.65	0.80	0.63	0.51	0.82	0.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	229	371	-80	-1,353	257	281	477	17	-1,273	1,395	-85
Operating Cash Flow to CapEx	813.21%	1,658.08%	983.30%	719.97%	852.77%	1,183.10%	1,627.98%	905.56%	1,421.67%	1,581.55%	1,526.48%
Free Cash Flow to Firm to Interest Expense	8.96	14.34	-3.18	-18.48	3.12	3.63	7.29	0.24	-7.91	0.00	-1.14
Operating Cash Flow to Interest Expense	13.95	16.64	17.05	6.65	7.10	8.66	11.48	5.50	3.71	0.00	5.19
Operating Cash Flow Less CapEx to Interest Expense	12.23	15.64	15.32	5.73	6.27	7.93	10.77	4.89	3.45	0.00	4.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.61	0.64	0.66	0.62	0.53	0.47	0.52	0.51	0.45	0.39	0.38
Accounts Receivable Turnover	5.96	6.16	6.15	6.32	5.82	5.12	5.88	5.80	5.63	5.14	4.54
Inventory Turnover	4.04	4.70	5.25	4.71	4.86	4.54	4.89	4.10	4.59	5.99	5.83
Fixed Asset Turnover	14.47	15.57	16.63	16.07	14.37	12.76	15.09	16.26	18.02	18.85	19.33
Accounts Payable Turnover	10.69	10.76	9.92	9.02	9.67	9.21	9.27	8.21	8.60	7.87	6.73
Days Sales Outstanding (DSO)	61.22	59.26	59.35	57.72	62.66	71.24	62.11	62.95	64.85	70.97	80.47
Days Inventory Outstanding (DIO)	90.43	77.67	69.53	77.54	75.06	80.43	74.71	88.98	79.45	60.98	62.61
Days Payable Outstanding (DPO)	34.15	33.92	36.79	40.46	37.76	39.64	39.38	44.48	42.43	46.36	54.27
Cash Conversion Cycle (CCC)	117.50	103.01	92.09	94.79	99.96	112.03	97.44	107.45	101.88	85.59	88.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,834	2,598	2,791	4,471	4,774	4,908	4,912	5,299	6,964	5,787	6,364
Invested Capital Turnover	0.79	0.87	0.98	0.86	0.71	0.65	0.75	0.72	0.62	0.58	0.59
Increase / (Decrease) in Invested Capital	-107	-236	193	1,680	304	134	4.10	387	1,665	-1,050	578
Enterprise Value (EV)	5,987	7,848	10,608	9,818	11,997	18,015	22,853	13,718	16,071	17,846	19,164
Market Capitalization	5,373	7,555	10,232	8,022	10,342	16,704	21,885	12,469	13,234	17,556	18,636
Book Value per Share	$8.86	$9.20	$9.59	$10.65	$12.52	$14.38	$15.72	$16.42	$18.09	$23.40	$24.53
Tangible Book Value per Share	($1.49)	($0.42)	($0.94)	($6.41)	($4.98)	($3.44)	($2.16)	($2.38)	($8.42)	($0.98)	($1.38)
Total Capital	2,950	2,926	3,328	4,643	4,964	5,146	5,238	5,570	7,567	7,136	7,228
Total Debt	730	620	914	1,969	1,843	1,547	1,293	1,520	3,067	1,391	1,392
Total Long-Term Debt	611	490	786	1,712	1,624	1,291	1,293	1,220	2,536	1,391	1,392
Net Debt	614	293	377	1,796	1,654	1,310	968	1,249	2,837	291	528
Capital Expenditures (CapEx)	44	26	44	68	69	57	46	43	42	34	25
Debt-free, Cash-free Net Working Capital (DFCFNWC)	140	94	129	118	51	-12	-64	85	302	-256	-125
Debt-free Net Working Capital (DFNWC)	256	421	667	290	241	226	262	356	532	482	129
Net Working Capital (NWC)	138	291	538	34	22	-30	262	56	1.60	482	129
Net Nonoperating Expense (NNE)	2.07	3.23	-5.97	44	46	25	-12	-46	80	-1,159	69
Net Nonoperating Obligations (NNO)	614	293	377	1,796	1,654	1,310	968	1,249	2,464	41	528
Total Depreciation and Amortization (D&A)	199	188	183	215	207	198	180	172	251	232	200
Debt-free, Cash-free Net Working Capital to Revenue	6.10%	3.96%	4.89%	3.78%	1.57%	-0.37%	-1.74%	2.31%	7.96%	-6.96%	-3.48%
Debt-free Net Working Capital to Revenue	11.17%	17.81%	25.19%	9.33%	7.37%	7.18%	7.16%	9.69%	14.00%	13.10%	3.58%
Net Working Capital to Revenue	6.00%	12.30%	20.34%	1.09%	0.66%	-0.95%	7.16%	1.53%	0.04%	13.10%	3.58%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.47	$0.53	$0.48	$1.13	$2.05	$1.56	$1.96	$1.81	$1.26	$6.13	$1.77
Adjusted Weighted Average Basic Shares Outstanding	255.80M	250.50M	252.10M	250M	250.80M	250.50M	251.40M	248.60M	247.90M	245.50M	239.20M
Adjusted Diluted Earnings per Share	$0.47	$0.52	$0.47	$1.12	$2.03	$1.55	$1.94	$1.80	$1.25	$6.09	$1.76
Adjusted Weighted Average Diluted Shares Outstanding	258.50M	253.90M	256.70M	253.40M	252.90M	252.30M	254.30M	250.20M	249.10M	247.20M	241.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	250.90M	252.28M	248.27M	251.51M	250.17M	250.97M	251.22M	246.95M	245.69M	0.00	233.93M
Normalized Net Operating Profit after Tax (NOPAT)	132	144	170	230	282	441	490	428	431	357	509
Normalized NOPAT Margin	5.76%	6.10%	6.42%	7.41%	8.64%	14.00%	13.39%	11.63%	11.35%	9.70%	14.18%
Pre Tax Income Margin	6.63%	7.46%	9.38%	8.94%	10.56%	12.55%	15.70%	15.48%	9.40%	54.46%	14.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.23	7.12	9.68	4.41	4.75	5.58	9.21	8.57	3.04	0.00	7.85
NOPAT to Interest Expense	4.80	5.23	4.47	4.46	6.81	5.35	7.36	5.68	2.43	0.00	6.62
EBIT Less CapEx to Interest Expense	4.52	6.12	7.94	3.48	3.92	4.85	8.50	7.96	2.78	0.00	7.51
NOPAT Less CapEx to Interest Expense	3.08	4.23	2.73	3.54	5.97	4.62	6.65	5.07	2.17	0.00	6.28
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	194.20%	90.39%	240.76%	32.83%	34.95%	20.89%	36.53%	87.77%	32.12%	11.63%	203.63%

This table displays calculated financial ratios and metrics derived from Trimble's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	233,929,408.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	233,929,408.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.42
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.18%	8.86%	4.14%	-12.36%	-8.51%	5.47%	-11.82%	0.56%	2.90%	-1.38%	11.81%
EBITDA Growth	70.62%	-128.68%	-17.76%	787.40%	-60.08%	30.79%	-14.59%	-90.19%	39.38%	16.09%	33.36%
EBIT Growth	-4.50%	-2.54%	-33.33%	1,745.95%	-27.44%	62.33%	-10.30%	-92.66%	66.63%	22.43%	48.51%
NOPAT Growth	28.46%	12.92%	-22.12%	-36.61%	-43.50%	55.96%	-12.03%	118.63%	107.49%	14.62%	44.10%
Net Income Growth	-12.70%	-26.40%	-55.59%	2,851.57%	-45.79%	43.17%	16.61%	-93.22%	174.63%	73.61%	48.28%
EPS Growth	-11.76%	-28.57%	-55.77%	2,866.67%	-46.67%	44.00%	17.39%	-93.07%	187.50%	83.33%	55.56%
Operating Cash Flow Growth	76.59%	-6.79%	12.03%	0.00%	0.00%	16.38%	-33.45%	-161.07%	30.45%	39.27%	76.54%
Free Cash Flow Firm Growth	-366.86%	-427.52%	-392.65%	135.84%	134.45%	184.32%	165.13%	-67.56%	-70.05%	-132.58%	-122.76%
Invested Capital Growth	33.64%	31.42%	25.79%	-11.04%	-7.15%	-15.35%	-11.38%	-2.70%	-0.50%	9.98%	5.05%
Revenue Q/Q Growth	-3.65%	-2.60%	2.24%	0.00%	0.00%	12.29%	-14.52%	4.18%	2.91%	7.61%	-3.08%
EBITDA Q/Q Growth	70.01%	-115.05%	3.72%	0.00%	0.00%	93.61%	-32.26%	20.28%	9.15%	30.54%	-22.19%
EBIT Q/Q Growth	25.78%	-14.21%	8.48%	0.00%	0.00%	91.91%	-40.06%	29.11%	12.19%	41.01%	-27.29%
NOPAT Q/Q Growth	57.61%	-10.33%	-16.60%	0.00%	0.00%	147.52%	-52.96%	33.67%	33.32%	36.73%	-40.86%
Net Income Q/Q Growth	67.94%	-15.89%	-9.21%	0.00%	0.00%	122.17%	-26.05%	33.73%	25.00%	40.45%	-36.85%
EPS Q/Q Growth	66.67%	-16.67%	-8.00%	0.00%	0.00%	125.00%	-25.00%	37.04%	24.32%	43.48%	-36.36%
Operating Cash Flow Q/Q Growth	3.30%	-32.77%	136.40%	0.00%	0.00%	0.00%	35.19%	-134.38%	331.40%	29.48%	71.37%
Free Cash Flow Firm Q/Q Growth	32.15%	2.93%	18.09%	0.00%	0.00%	118.17%	-31.10%	-66.92%	-39.78%	-337.35%	51.88%
Invested Capital Q/Q Growth	-5.97%	1.69%	-4.38%	0.00%	0.00%	-8.99%	1.98%	6.83%	0.36%	0.60%	-2.59%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	61.65%	61.92%	62.27%	62.69%	65.72%	69.27%	66.71%	68.28%	68.92%	71.98%	68.76%
EBITDA Margin	29.91%	-4.62%	18.41%	206.97%	13.05%	22.50%	17.83%	20.59%	21.84%	26.49%	21.27%
Operating Margin	12.67%	10.39%	11.45%	7.07%	13.29%	17.64%	11.60%	14.59%	16.70%	22.29%	15.32%
EBIT Margin	12.64%	11.13%	11.81%	203.93%	10.03%	17.13%	12.02%	14.89%	16.23%	21.27%	15.96%
Profit (Net Income) Margin	7.82%	6.76%	6.00%	151.17%	4.64%	9.17%	7.93%	10.19%	12.37%	16.15%	10.52%
Tax Burden Percent	94.33%	105.88%	78.36%	74.71%	55.54%	92.23%	77.20%	78.73%	89.13%	84.83%	75.32%
Interest Burden Percent	65.62%	57.32%	64.83%	99.22%	83.26%	58.04%	85.54%	86.89%	85.51%	89.48%	87.53%
Effective Tax Rate	5.67%	-5.88%	21.64%	25.29%	44.46%	7.77%	22.80%	21.27%	10.87%	15.17%	24.68%
Return on Invested Capital (ROIC)	7.43%	6.82%	5.76%	0.00%	0.00%	9.50%	5.09%	6.43%	8.45%	11.17%	7.03%
ROIC Less NNEP Spread (ROIC-NNEP)	5.34%	4.68%	4.07%	0.00%	0.00%	3.62%	4.48%	4.87%	4.01%	1.75%	5.20%
Return on Net Nonoperating Assets (RNNOA)	2.47%	2.03%	1.59%	0.00%	0.00%	0.84%	1.28%	0.63%	0.35%	0.09%	0.49%
Return on Equity (ROE)	9.90%	8.85%	7.35%	0.00%	0.00%	10.34%	6.37%	7.06%	8.80%	11.25%	7.52%
Cash Return on Invested Capital (CROIC)	-22.36%	-20.77%	-16.57%	0.00%	0.00%	22.10%	17.43%	8.98%	7.83%	-1.39%	3.76%
Operating Return on Assets (OROA)	5.74%	5.03%	5.23%	0.00%	0.00%	6.63%	4.71%	5.70%	6.19%	8.12%	6.58%
Return on Assets (ROA)	3.55%	3.05%	2.66%	0.00%	0.00%	3.55%	3.11%	3.90%	4.72%	6.16%	4.34%
Return on Common Equity (ROCE)	9.90%	8.85%	7.35%	0.00%	0.00%	10.34%	6.37%	7.06%	8.80%	11.25%	7.52%
Return on Equity Simple (ROE_SIMPLE)	7.69%	0.00%	5.51%	0.00%	0.00%	0.00%	27.94%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	114	103	86	46	65	160	75	101	134	183	108
NOPAT Margin	11.95%	11.00%	8.98%	5.29%	7.38%	16.27%	8.95%	11.49%	14.88%	18.91%	11.54%
Net Nonoperating Expense Percent (NNEP)	2.09%	2.13%	1.69%	-66.91%	1.61%	5.87%	0.61%	1.56%	4.44%	9.42%	1.83%
Return On Investment Capital (ROIC_SIMPLE)	1.55%	1.36%	1.16%	0.62%	0.84%	2.24%	1.11%	1.40%	1.87%	2.54%	1.54%
Cost of Revenue to Revenue	38.35%	38.08%	37.73%	37.31%	34.28%	30.73%	33.29%	31.72%	31.08%	28.02%	31.24%
SG&A Expenses to Revenue	12.24%	12.69%	14.07%	17.08%	14.57%	13.98%	14.45%	13.43%	13.04%	13.04%	13.48%
R&D to Revenue	16.97%	17.99%	17.85%	18.55%	17.77%	17.80%	18.86%	18.65%	16.97%	16.09%	18.03%
Operating Expenses to Revenue	48.98%	51.52%	50.81%	55.62%	52.43%	51.63%	55.12%	53.68%	52.22%	49.69%	53.44%
Earnings before Interest and Taxes (EBIT)	121	104	113	1,776	88	169	101	130	146	206	150
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	286	-43	176	1,802	114	221	150	180	197	257	200
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.08	2.94	3.68	2.47	2.61	3.06	2.56	3.31	3.32	3.19	2.70
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.59	3.48	4.17	0.00	0.00	4.77	3.89	5.26	5.33	5.20	4.13
Price to Earnings (P/E)	40.06	42.51	66.79	0.00	0.00	11.67	9.17	65.64	53.72	43.95	33.39
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.50%	2.35%	1.50%	0.00%	0.00%	8.57%	10.90%	1.52%	1.86%	2.28%	2.99%
Enterprise Value to Invested Capital (EV/IC)	2.37	2.31	2.82	2.28	2.53	3.08	2.44	3.08	3.12	3.01	2.55
Enterprise Value to Revenue (EV/Rev)	4.35	4.23	4.90	0.00	0.00	4.85	4.03	5.44	5.48	5.34	4.28
Enterprise Value to EBITDA (EV/EBITDA)	23.57	21.70	38.32	0.00	0.00	7.51	6.11	28.06	26.39	24.45	18.94
Enterprise Value to EBIT (EV/EBIT)	32.91	32.81	43.33	0.00	0.00	8.32	6.74	39.85	36.15	32.82	24.95
Enterprise Value to NOPAT (EV/NOPAT)	42.06	41.07	50.15	0.00	0.00	51.65	42.69	48.76	42.48	38.89	30.06
Enterprise Value to Operating Cash Flow (EV/OCF)	26.83	26.92	30.19	26.01	31.23	33.58	31.71	62.27	57.90	49.62	31.26
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	12.79	13.13	33.88	39.75	0.00	69.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.70	0.68	0.70	0.32	0.30	0.24	0.26	0.27	0.24	0.24	0.25
Long-Term Debt to Equity	0.69	0.56	0.57	0.25	0.24	0.24	0.26	0.25	0.24	0.24	0.25
Financial Leverage	0.46	0.43	0.39	0.38	0.29	0.23	0.29	0.13	0.09	0.05	0.09
Leverage Ratio	2.00	1.97	2.02	1.92	1.88	1.86	1.87	1.65	1.62	1.62	1.62
Compound Leverage Factor	1.32	1.13	1.31	1.91	1.56	1.08	1.60	1.43	1.38	1.45	1.42
Debt to Total Capital	41.28%	40.53%	41.06%	24.11%	23.35%	19.49%	20.43%	21.00%	19.38%	19.26%	20.04%
Short-Term Debt to Total Capital	0.79%	7.01%	7.36%	5.39%	5.22%	0.00%	0.00%	0.99%	0.00%	0.00%	0.15%
Long-Term Debt to Total Capital	40.50%	33.52%	33.70%	18.72%	18.14%	19.49%	20.43%	20.02%	19.38%	19.26%	19.89%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	58.72%	59.47%	58.94%	75.89%	76.65%	80.51%	79.57%	79.00%	80.62%	80.74%	79.96%
Debt to EBITDA	4.44	4.14	6.18	0.00	0.00	0.59	0.59	2.18	1.86	1.78	1.69
Net Debt to EBITDA	4.12	3.83	5.66	0.00	0.00	0.12	0.21	0.89	0.72	0.67	0.67
Long-Term Debt to EBITDA	4.35	3.43	5.07	0.00	0.00	0.59	0.59	2.08	1.86	1.78	1.68
Debt to NOPAT	7.92	7.84	8.09	0.00	0.00	4.02	4.13	3.79	2.99	2.83	2.69
Net Debt to NOPAT	7.36	7.25	7.41	0.00	0.00	0.84	1.43	1.55	1.15	1.07	1.07
Long-Term Debt to NOPAT	7.77	6.48	6.64	0.00	0.00	4.02	4.13	3.62	2.99	2.83	2.67
Altman Z-Score	2.46	2.37	2.74	0.00	0.00	3.88	3.32	4.25	4.54	4.20	3.69
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.26	1.00	1.00	0.99	1.16	1.27	0.84	0.94	1.00	1.09	1.01
Quick Ratio	0.64	0.51	0.48	0.77	0.79	0.82	0.54	0.58	0.62	0.74	0.62
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,609	-1,562	-1,280	850	554	1,210	833	276	166	-394	-190
Operating Cash Flow to CapEx	1,114.39%	1,009.18%	3,438.24%	0.00%	0.00%	1,886.89%	2,357.58%	-906.78%	1,719.44%	2,862.50%	4,503.28%
Free Cash Flow to Firm to Interest Expense	-34.39	-32.68	-28.31	46.96	39.32	0.00	53.42	14.21	8.02	-21.07	-9.72
Operating Cash Flow to Interest Expense	3.14	2.07	5.17	0.00	0.00	0.00	9.97	-2.76	5.98	8.57	14.09
Operating Cash Flow Less CapEx to Interest Expense	2.86	1.86	5.02	0.00	0.00	0.00	9.55	-3.06	5.63	8.27	13.77
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.45	0.45	0.44	0.00	0.00	0.39	0.39	0.38	0.38	0.38	0.41
Accounts Receivable Turnover	6.17	5.63	6.33	0.00	0.00	5.14	6.14	6.40	6.74	4.54	6.42
Inventory Turnover	4.52	4.59	4.60	0.00	0.00	5.99	5.79	5.76	6.22	5.83	5.99
Fixed Asset Turnover	17.53	18.02	18.58	0.00	0.00	18.85	18.56	18.42	19.07	19.33	20.06
Accounts Payable Turnover	7.82	8.60	8.23	0.00	0.00	7.87	6.67	6.92	6.79	6.73	6.48
Days Sales Outstanding (DSO)	59.19	64.85	57.64	0.00	0.00	70.97	59.46	56.99	54.15	80.47	56.83
Days Inventory Outstanding (DIO)	80.81	79.45	79.33	0.00	0.00	60.98	63.08	63.37	58.73	62.61	60.96
Days Payable Outstanding (DPO)	46.65	42.43	44.34	0.00	0.00	46.36	54.70	52.78	53.79	54.27	56.32
Cash Conversion Cycle (CCC)	93.35	101.88	92.63	0.00	0.00	85.59	67.84	67.58	59.08	88.81	61.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,848	6,964	6,659	6,479	6,358	5,787	5,901	6,304	6,326	6,364	6,199
Invested Capital Turnover	0.62	0.62	0.64	0.00	0.00	0.58	0.57	0.56	0.57	0.59	0.61
Increase / (Decrease) in Invested Capital	1,724	1,665	1,365	-804	-490	-1,050	-758	-175	-32	578	298
Enterprise Value (EV)	16,212	16,071	18,786	14,757	16,090	17,846	14,372	19,434	19,745	19,164	15,795
Market Capitalization	13,375	13,234	16,011	13,911	15,337	17,556	13,890	18,819	19,209	18,636	15,233
Book Value per Share	$17.49	$18.09	$17.72	$22.98	$23.92	$23.40	$22.05	$23.84	$24.33	$24.53	$24.10
Tangible Book Value per Share	($8.84)	($8.42)	($8.21)	($2.77)	($1.51)	($0.98)	($2.75)	($2.41)	($1.74)	($1.38)	($1.92)
Total Capital	7,397	7,567	7,379	7,423	7,665	7,136	6,810	7,201	7,182	7,228	7,050
Total Debt	3,054	3,067	3,030	1,790	1,790	1,391	1,391	1,512	1,392	1,392	1,413
Total Long-Term Debt	2,995	2,536	2,487	1,390	1,390	1,391	1,391	1,441	1,392	1,392	1,403
Net Debt	2,837	2,837	2,775	846	753	291	482	616	536	528	562
Capital Expenditures (CapEx)	13	9.80	6.80	0.00	0.00	6.10	6.60	5.90	7.20	5.60	6.10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	194	302	293	-557	-313	-256	-528	-282	-228	-125	-205
Debt-free Net Working Capital (DFNWC)	411	532	548	387	724	482	-238	-17	5.00	129	29
Net Working Capital (NWC)	353	1.60	4.50	-13	324	482	-238	-88	5.00	129	19
Net Nonoperating Expense (NNE)	40	40	28	-1,270	24	70	8.57	11	23	27	9.57
Net Nonoperating Obligations (NNO)	2,505	2,464	2,310	846	483	41	482	616	536	528	562
Total Depreciation and Amortization (D&A)	165	-147	63	27	27	53	49	50	51	51	50
Debt-free, Cash-free Net Working Capital to Revenue	5.21%	7.96%	7.63%	0.00%	0.00%	-6.96%	-14.79%	-7.90%	-6.32%	-3.48%	-5.56%
Debt-free Net Working Capital to Revenue	11.03%	14.00%	14.28%	0.00%	0.00%	13.10%	-6.67%	-0.46%	0.14%	3.58%	0.79%
Net Working Capital to Revenue	9.47%	0.04%	0.12%	0.00%	0.00%	13.10%	-6.67%	-2.45%	0.14%	3.58%	0.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.30	$0.26	$0.23	$5.37	$0.17	$0.36	$0.27	$0.37	$0.47	$0.66	$0.42
Adjusted Weighted Average Basic Shares Outstanding	248.60M	247.90M	245.50M	245.10M	245.60M	245.50M	243.30M	238.10M	238.20M	239.20M	234.50M
Adjusted Diluted Earnings per Share	$0.30	$0.25	$0.23	$5.34	$0.16	$0.36	$0.27	$0.37	$0.46	$0.66	$0.42
Adjusted Weighted Average Diluted Shares Outstanding	249.70M	249.10M	247.40M	246.40M	246.90M	247.20M	246.20M	239.60M	240.40M	241.50M	236.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	248.77M	245.69M	0.00	0.00	0.00	0.00	238.59M	237.97M	237.92M	233.93M	233.11M
Normalized Net Operating Profit after Tax (NOPAT)	126	81	91	50	66	162	79	104	147	181	111
Normalized NOPAT Margin	13.12%	8.74%	9.52%	5.72%	7.53%	16.44%	9.37%	11.85%	16.29%	18.61%	11.77%
Pre Tax Income Margin	8.29%	6.38%	7.66%	202.34%	8.35%	9.95%	10.28%	12.94%	13.88%	19.03%	13.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.59	2.17	2.49	98.11	6.23	0.00	6.47	6.72	7.07	11.03	7.69
NOPAT to Interest Expense	2.45	2.15	1.89	2.54	4.59	0.00	4.82	5.19	6.48	9.81	5.56
EBIT Less CapEx to Interest Expense	2.30	1.97	2.34	0.00	0.00	0.00	6.05	6.42	6.72	10.73	7.38
NOPAT Less CapEx to Interest Expense	2.16	1.94	1.74	0.00	0.00	0.00	4.40	4.88	6.13	9.51	5.25
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	32.12%	114.73%	0.00%	0.00%	11.63%	41.44%	236.27%	203.41%	203.63%	122.49%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways from Trimble’s recent quarterly results, covering data from the last four years of statements and focusing on trends in revenue, profitability, cash flow, and the balance sheet for retail investors.

Net income growth in Q4 2025: Net income attributable to common shareholders rose to $156.6 million in Q4 2025, up from $90.2 million in Q4 2024.
EPS advancement: Basic and diluted earnings per share climbed to $0.66 in Q4 2025, up from about $0.36 in Q4 2024.
Improved operating margin: Total operating income of $216.2 million on $969.8 million in revenue in Q4 2025 implies a margin near 22%, higher than prior-year periods.
Solid operating cash flow: Net cash from continuing operating activities was $160.3 million in Q4 2025, with a prior-quarter reading of $123.8 million in Q3 2025, indicating strong cash generation.
Free cash flow remains positive: Cash flow from operations far exceeds capital expenditures in Q4 2025 (capex about $5.6 million), pointing to healthy free cash flow generation.
R&D investment steady: Research & development expense remained elevated and steady around $156 million in Q4 2025, underscoring ongoing product development and growth initiatives.
Solid liquidity and equity base: Cash and equivalents hovered in the low $200s to mid $200s millions (e.g., about $232.7 million in Q3 2025 and $265.9 million in Q2 2025), and Total common equity stood around $5.8 billion in mid-2025, signaling a strong balance sheet.
Shareholder capital returns: The company engaged in share repurchases (for example, about $136 million in Q4 2025 and $50 million in Q3 2025), reflecting an active capital allocation strategy.
Debt level remains moderate and stable: Long-term debt hovered in a roughly $1.39–$1.44 billion range across recent quarters, indicating modest leverage and stable financing needs.
Revenue trend shows some year-over-year variance: Q4 2025 revenue was $969.8 million versus Q4 2024’s $983.4 million, indicating a modest year-over-year delta but still solid overall demand relative to earlier years.

Notes: While overall results are positive, a few quarters showed weaker operating cash flow or financing activity, and debt and liquidity levels fluctuated modestly quarter-to-quarter. The company’s earnings growth and margin improvement in late 2025, combined with steady R&D investment and shareholder returns, suggest ongoing profitability and value creation for investors.

05/23/26 10:15 PM ETAI Generated. May Contain Errors.

Trimble Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Trimble's financial year ends in January. Their financial year 2026 ended on January 2, 2026.

Trimble's net income appears to be on an upward trend, with a most recent value of $424 million in 2025, rising from $120.70 million in 2015. The previous period was $1.50 billion in 2024. See Trimble's forecast for analyst expectations on what's next for the company.

Trimble's total operating income in 2025 was $592 million, based on the following breakdown:

Total Gross Profit: $2.48 billion
Total Operating Expenses: $1.89 billion

Over the last 10 years, Trimble's total revenue changed from $2.29 billion in 2015 to $3.59 billion in 2025, a change of 56.6%.

Trimble's total liabilities were at $3.48 billion at the end of 2025, a 7.1% decrease from 2024, and a 138.1% increase since 2015.

In the past 10 years, Trimble's cash and equivalents has ranged from $116 million in 2015 to $738.80 million in 2024, and is currently $253.40 million as of their latest financial filing in 2025.

Over the last 10 years, Trimble's book value per share changed from 8.86 in 2015 to 24.53 in 2025, a change of 176.8%.

Related Companies

Financial statements for NASDAQ:TRMB last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Trimble (TRMB) Financials

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