Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Trimble (TRMB) delivered FY2025 with improved gross and operating margins despite a 2.6% revenue decline to $3.59B, while net income fell sharply 71.8% to $424M largely due to the absence of prior-year gains, and the company aggressively returned $863M to shareholders via buybacks.
Revenue
$3.59B
-2.61% YoY
EPS (Diluted)
$1.76
-71.10% YoY
Gross Margin
69.1%
+4.0 pts YoY
Operating Income
$592M
+28.50% YoY
Source: SEC XBRL
Trimble (TRMB) reported FY2025 revenue of $3.59B, down 2.6% year over year. Operating margin was 16.5%, up 4.0 points from 12.5% a year earlier. Operating cash flow was $386.2M, down 27.3% year over year.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.86 | 0.82 | Beat +5.3% |
| Mar 2026 | 0.79 | 0.73 | Beat +7.9% |
| Dec 2025This filing | 1.00 | 0.98 | Beat +1.9% |
| Sep 2025 | 0.81 | 0.73 | Beat +10.6% |
Reported EPS of $1.00 versus the $0.98 analyst consensus — a +1.9% beat for Dec 2025.
Compiled by AI from this SEC filing
Total revenue fell 2.6% year-over-year to $3.59B in FY2025 from $3.68B in the prior year, suggesting ongoing portfolio reshaping as Trimble continues to shift toward higher-margin software and recurring revenue streams.
Source: 10-K Income Statement
Gross margin improved approximately 400 basis points to 69.1% from 65.1%, and operating margin expanded to 16.5% from 12.5%, reflecting the benefit of a lower-cost revenue mix and reduced cost of revenue which fell 13.8% to $1.11B.
Source: 10-K Income Statement / Key Ratios
Net income dropped 71.8% to $424M from $1.50B, with EPS (diluted) falling to $1.76 from $6.09; the prior year likely included significant one-time gains (e.g., divestitures), making the year-over-year comparison misleading on an underlying basis.
Source: 10-K Income Statement
Trimble repurchased $863.4M in shares during FY2025, a 393.4% increase from $175M in the prior year, funded in part by a significant drawdown in cash balances from $738.8M to $253.4M.
Source: 10-K Cash Flow Statement
Operating cash flow decreased 27.3% to $386.2M from $531.4M, while total liabilities fell 7.1% to $3.48B and stockholders' equity grew modestly to $5.84B, indicating a generally stable financial position despite lower cash generation.
Source: 10-K Cash Flow Statement / Balance Sheet
Compiled by AI from this SEC filing · 2 high, 3 medium, 0 low
Cash and equivalents fell 65.7% to $253.4M as Trimble deployed $863.4M in share repurchases. With a current ratio of only 1.09 and current liabilities of $1.50B, the company's near-term liquidity buffer has narrowed considerably. Any unexpected cash needs could pressure the balance sheet.
Source: 10-K Balance Sheet / Cash Flow Statement
Revenue declined 2.6% to $3.59B as Trimble transitions toward software and recurring revenue. If the transition takes longer than expected or customers resist subscription models, top-line pressure could persist and offset margin gains.
Source: 10-K Income Statement
Net income fell 71.8% year-over-year to $424M, largely due to the absence of prior-year one-time gains (likely from asset divestitures). This creates significant earnings volatility that may confuse investors and complicate valuation.
Source: 10-K Income Statement
R&D expense declined 4.8% to $630.7M, representing a meaningful reduction in innovation spending. In a technology-driven industry, sustained cuts to R&D could erode Trimble's competitive positioning over time.
Source: 10-K Income Statement
Operating cash flow of $386.2M was far below the $863.4M deployed in share repurchases, meaning buybacks were partially funded by drawing down cash reserves. Sustaining this level of capital return without stronger cash generation could be unsustainable.
Source: 10-K Cash Flow Statement
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 3.59 $B | 3.68 $B | -2.61% |
Cost of Revenue $B | 1.11 $B | 1.29 $B | -13.80% |
Gross Profit $B | 2.48 $B | 2.40 $B | +3.41% |
Operating Income $M | 592.00 $M | 460.70 $M | +28.50% |
Net Income $B | 0.42 $B | 1.50 $B | -71.82% |
EPS (Basic) $ | 1.77 $ | 6.13 $ | -71.13% |
EPS (Diluted) $ | 1.76 $ | 6.09 $ | -71.10% |
R&D Expense $M | 630.70 $M | 662.30 $M | -4.77% |
Answers draw on this SEC filing and the data on this page
Trimble reported a fiscal Q2 2026 net loss of $471.7 million due to a $562 million goodwill impairment in its Transportation & Logistics segment, while revenue grew 11% and non-GAAP diluted EPS rose 21% to $0.86.
Trimble (TRMB) delivered a strong Q1 FY2026 with revenue up 11.8% YoY to $939.9M, operating income surging 47.7% to $144.0M, and operating cash flow jumping 76.5% to $274.7M, reflecting meaningful margin expansion and improved profitability.
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