Trimble (NASDAQ:TRMB) Posts Earnings Results, Beats Estimates By $0.07 EPS

Trimble (NASDAQ:TRMB) issued its quarterly earnings data on Wednesday. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07, FiscalAI reports. The business had revenue of $939.90 million for the quarter, compared to the consensus estimate of $905.60 million. Trimble had a return on equity of 11.18% and a net margin of 11.82%.The firm’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business earned $0.61 EPS. Trimble updated its Q2 2026 guidance to 0.780-0.820 EPS and its FY 2026 guidance to 3.470-3.640 EPS.

Here are the key takeaways from Trimble’s conference call:

• Trimble beat Q1 expectations with $940M revenue (up 12%), record ARR of $2.435B (up 13%) and EPS of $0.79, and the company raised full‑year guidance (FY midpoint revenue $3.875B, EPS $3.55).
• Recurring revenue and margin expansion underpin performance — gross margin expanded to 71% and EBITDA margin to 27.4%, supporting Trimble’s path to its 2027 targets (including ~30% EBITDA margins).
• Management is accelerating AI and platform monetization (SketchUp AI add‑on, Anthropic Claude connector, token consumption growing) and acquired Document Crunch to build an AI‑powered contract risk category, positioning Trimble to expand its addressable market and diversify monetization (licenses + consumption).
• Strong cash generation and capital allocation — Q1 free cash flow was $275M, the company repurchased ~$317M of stock and retains ~$608M authorization with net leverage of 1.1x, enabling continued buybacks and M&A optionality.
• Management flagged lower visibility in the hardware side (Field Systems), plus macro/geopolitical risks (Middle East conflict, tariff uncertainty) and tougher back‑half comps, and has baked conservatism into guidance accordingly.

Trimble Stock Performance

Shares of NASDAQ TRMB opened at $63.42 on Thursday. The firm has a market capitalization of $14.72 billion, a price-to-earnings ratio of 36.24, a PEG ratio of 2.28 and a beta of 1.45. Trimble has a one year low of $62.00 and a one year high of $87.50. The business has a fifty day simple moving average of $66.85 and a 200 day simple moving average of $73.03. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24.

More Trimble News

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q1 beat on both EPS and revenue — Trimble reported $0.79 EPS vs. consensus ~$0.72 and revenue of $939.9M vs. ~$905.6M, showing ~11.8% YoY revenue growth. Trimble Navigation (TRMB) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management raised FY26 EPS guidance to $3.47–$3.64 (above prior consensus) and issued Q2 EPS guidance of $0.78–$0.82, signaling confidence in profitability. Trimble Announces First Quarter 2026 Results
• Positive Sentiment: Operational highlights: record annualized recurring revenue (ARR), best-ever gross and operating margins, and $317M of share repurchases, which support future EPS. Trimble Announces First Quarter 2026 Results
• Neutral Sentiment: Earnings call and slide deck available for details on segment performance and execution (useful for assessing sustainability of growth). Trimble Inc. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Local coverage suggests FY26 sales could still top $3.9B, reinforcing management’s revenue range but leaving room for interpretation on upside. Trimble: 2026 sales could top $3.9B
• Negative Sentiment: Revenue range for FY26 ($3.8B–$3.9B) is modest relative to some Street expectations and the top end roughly matches consensus, which likely disappointed investors seeking a clearer upside bias. Trimble Announces First Quarter 2026 Results
• Negative Sentiment: Shares underperformed peers on the session — market reaction suggests investors focused on guidance nuances and near-term growth visibility rather than the beat. Trimble Inc. stock underperforms Wednesday when compared to competitors

Insider Buying and Selling at Trimble

In other news, CEO Robert G. Painter sold 7,500 shares of the stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the transaction, the chief executive officer owned 11,897 shares in the company, valued at approximately $796,385.18. This represents a 38.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Mark David Schwartz sold 16,725 shares of Trimble stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the sale, the vice president owned 19,668 shares in the company, valued at approximately $1,317,952.68. This trade represents a 45.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 31,725 shares of company stock worth $2,151,167 in the last three months. Insiders own 0.59% of the company’s stock.

Institutional Trading of Trimble

Large investors have recently bought and sold shares of the stock. DV Equities LLC acquired a new stake in shares of Trimble in the 4th quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new position in Trimble in the fourth quarter valued at about $27,000. Quarry LP increased its holdings in shares of Trimble by 175.8% during the third quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 232 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Trimble by 55.4% in the second quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 169 shares during the last quarter. Finally, Osterweis Capital Management Inc. boosted its holdings in shares of Trimble by 5,790.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 589 shares of the scientific and technical instruments company’s stock worth $45,000 after acquiring an additional 579 shares in the last quarter. 93.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TRMB has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price target on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Wells Fargo & Company lowered their target price on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Piper Sandler dropped their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a report on Wednesday. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a research report on Wednesday, February 11th. Finally, Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Trimble presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.67.

About Trimble

Trimble Inc (NASDAQ: TRMB) is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company’s offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.

Trimble’s product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.