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TRMB

Trimble Inc.

TRMB

Trimble Inc. • NASDAQ
$81.42 ▲ 0.18% (+0.15)
Market Cap $19.37 B
52w High $87.50
52w Low $52.91
Dividend Yield 0%
P/E 55.77
Volume 445.97K
Outstanding Shares 237.92M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $901.2M ▲ $427.9M ▼ $111.5M ▲ 12.372% ▲ $0.47 ▲ $196.3M ▲
Q2-2025 $875.7M ▲ $470.1M ▲ $89.2M ▲ 10.186% ▲ $0.37 ▲ $182.6M ▲
Q1-2025 $840.6M ▼ $463.3M ▼ $66.7M ▼ 7.935% ▼ $0.27 ▼ $150.9M ▼
Q4-2024 $983.4M ▲ $507.7M ▲ $90.2M ▲ 9.172% ▲ $0.37 ▲ $163.9M ▲
Q3-2024 $875.8M $459.2M $40.6M 4.636% $0.17 $140.6M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $232.7M ▼ $9.02B ▼ $3.23B ▼ $5.79B ▲
Q2-2025 $265.9M ▼ $9.099B ▲ $3.411B ▼ $5.688B ▲
Q1-2025 $290M ▼ $8.899B ▼ $3.48B ▼ $5.419B ▼
Q4-2024 $738.8M ▼ $9.488B ▼ $3.743B ▼ $5.745B ▼
Q3-2024 $1.037B $9.867B $3.992B $5.875B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $111.5M ▲ $123.8M ▲ $-8.9M ▲ $-146.7M ▼ $-33.2M ▼ $116.6M ▲
Q2-2025 $89.2M ▲ $-53.5M ▼ $-12.7M ▲ $28.5M ▲ $-24.1M ▲ $-59.4M ▼
Q1-2025 $66.7M ▼ $155.6M ▲ $-14.5M ▼ $-611.1M ▼ $-457.8M ▼ $149M ▲
Q4-2024 $90.2M ▲ $115.1M ▲ $1.1M ▲ $-400.5M ▼ $-306.2M ▼ $109M ▲
Q3-2024 $40.6M $94.9M $-11.1M $16.2M $109.9M $88.5M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Product
Product
 $310.00M ▲$980.00M ▲$270.00M ▼$290.00M ▲
Service
Service
 $570.00M ▲$1.83Bn ▲$570.00M ▼$580.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Trimble’s revenue over the last several years has been relatively steady, not surging but holding its ground. What stands out more is profitability: gross profit has gradually improved, and operating profit has stayed solid despite a flat top line. The most recent year shows a very sharp jump in reported profit and earnings per share, which likely reflects one‑off items or accounting changes rather than a sudden, permanent step‑change in the underlying business. Overall, this looks like a company with stable sales, gradually better margins, and a recent boost from special factors that may not repeat at the same scale.

Balance Sheet

Balance Sheet The balance sheet looks stronger than a few years ago. Total assets and shareholders’ equity have both trended upward, which suggests the company has been building its asset base while increasing its cushion for owners. Debt spiked in the recent past but has since been brought down meaningfully, reducing financial risk. Cash levels, while not excessive, have improved versus the low point and now provide more flexibility. In simple terms, Trimble appears progressively less leveraged and more robust than it was a few years back.

Cash Flow

Cash Flow Trimble generates consistent cash from its operations, even though the exact amount has bounced around year to year. After modest spending on capital investments, it has regularly produced positive free cash flow, which is a good indicator of financial resilience. Capital spending needs are relatively light compared with the cash the business brings in, leaving room to pay down debt, invest in new initiatives, or make acquisitions when needed. The pattern here is one of steady, dependable cash generation rather than dramatic growth.

Competitive Edge

Competitive Edge Trimble holds a strong position in specialized markets like construction, agriculture, geospatial, and transportation by combining precise hardware with tightly integrated software and services. Its ecosystem approach creates high switching costs for customers who rely on Trimble’s tools across entire workflows. The large base of installed equipment continuously generates data, strengthening its analytics and AI capabilities and deepening its “data moat.” At the same time, competition is real and sophisticated—especially from firms like Topcon, Leica Geosystems, and Autodesk—so maintaining this edge depends on Trimble’s ability to keep its software platforms, integrations, and customer support a step ahead.

Innovation and R&D

Innovation and R&D Innovation is central to Trimble’s strategy. The company has evolved from a GPS hardware supplier into a provider of connected, cloud‑based platforms that tie together design, planning, execution, and analytics. Its “Connect and Scale” strategy is all about building subscription and platform offerings that lock together hardware, software, and data. Trimble is actively embedding artificial intelligence and machine learning into its solutions and pushing into autonomy for construction and agricultural equipment. It is also exploring generative AI to further automate design and operational decisions. These efforts, along with a focus on sustainability and resource efficiency, position Trimble to benefit if industries accelerate their shift toward digital, data‑driven workflows.

Summary

Trimble today looks like a steady, cash‑generative technology company with a strong niche in positioning and workflow solutions rather than a hyper‑growth story. Revenue has been stable, margins have gradually improved, and the balance sheet has become less leveraged and more resilient. The business benefits from high switching costs, a deep installed base, and a growing stream of recurring, subscription‑like revenue tied to its platforms. The main opportunities lie in expanding its software and data offerings, pushing further into autonomy and AI, and deepening its integrated cloud ecosystems. Key risks include intense competition in both hardware and software, the possibility that the recent earnings jump reflects non‑recurring items, and exposure to cyclical end‑markets like construction and agriculture. Overall, Trimble appears to be a durable operator in a specialized, technology‑heavy corner of the industrial world, with its future tied closely to how well it executes on its platform and innovation roadmap.

NEWS

November 13, 2025 · 2:00 PM UTC

OnStation and Trimble: Live Digital Stationing Meets Location Precision

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November 10, 2025 · 1:30 PM UTC

Trimble Highlights AI Strategy and Innovation at Dimensions User Conference

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November 5, 2025 · 6:55 AM UTC

Trimble Announces Third Quarter 2025 Results and Raises Full Year Guidance

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October 31, 2025 · 7:30 AM UTC

Trimble Becomes Official Global Partner with Liverpool Football Club

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October 23, 2025 · 4:04 PM UTC

Trimble Third Quarter Earnings Call and Webcast

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