Trimble (NASDAQ:TRMB) Announces Earnings Results, Beats Estimates By $0.06 EPS

Trimble (NASDAQ:TRMB) announced its quarterly earnings data on Wednesday. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06, FiscalAI reports. The firm had revenue of $972.00 million for the quarter, compared to the consensus estimate of $952.09 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.71 earnings per share. Trimble updated its Q3 2026 guidance to 0.830-0.880 EPS and its FY 2026 guidance to 3.600-3.700 EPS.

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

• Second-quarter results exceeded expectations: organic revenue grew 10% to $972 million, EBITDA margin expanded 120 basis points to 28.6%, and EPS reached $0.86.
• Trimble raised its 2026 guidance, increasing the revenue midpoint by $50 million to $3.925 billion and EPS midpoint by $0.10 to $3.65, implying approximately 9% revenue growth and 17% EPS growth; the company now expects to reach its 30% EBITDA margin target one year early.
• Engineering and construction momentum remained strong, with AECO ARR up 14% and Field Systems ARR up 12% in the quarter. Management highlighted robust demand from data centers, utilities, energy infrastructure, reshoring, and infrastructure, alongside growing adoption of AI-enabled workflows and Trimble Connect.
• Field Systems’ full-year ARR outlook was reduced to high-single-digit to low-double-digit growth because Trimble is winding down a low-margin white-label product and replacing it with an internally developed solution. The transition is expected to create a 400–500 basis-point headwind to Field Systems ARR growth over the next several quarters, although management expects longer-term profitability benefits.
• Trimble launched a strategic review of its Transportation and Logistics business after receiving inbound interest from multiple parties. Management said there is no predetermined outcome or timeline and that it will weigh potential third-party value against continuing to operate the business within Trimble.

Trimble Trading Down 2.6%

Shares of Trimble stock traded down $1.48 on Wednesday, hitting $56.50. The stock had a trading volume of 1,941,267 shares, compared to its average volume of 2,389,878. The stock has a 50 day moving average of $53.26 and a 200 day moving average of $60.78. Trimble has a twelve month low of $47.92 and a twelve month high of $84.54. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. The firm has a market capitalization of $13.17 billion, a P/E ratio of 29.74, a PEG ratio of 1.94 and a beta of 1.37.

Trending Headlines about Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Second-quarter results exceeded expectations: Trimble reported adjusted EPS of $0.86, above the $0.80 consensus estimate, while revenue reached $972 million versus expectations of approximately $952 million. Revenue increased 11% year over year, and EPS rose from $0.71 in the prior-year quarter. Trimble Navigation Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Full-year outlook was raised: Trimble now expects fiscal 2026 EPS of $3.60-$3.70, above the $3.47 analyst consensus, and revenue of $3.9-$4.0 billion. The company also cited record annualized recurring revenue, record second-quarter gross margins and continued execution of its Connect & Scale strategy. Trimble Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Share repurchase authorization: Trimble’s board approved a new $1 billion stock-buyback authorization, potentially supporting per-share results and signaling management confidence in the company’s cash-generation outlook. Trimble Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Neutral Sentiment: Broader market backdrop was supportive: U.S. stock futures rose after key inflation data came in broadly in line with expectations, although the development was not specific to Trimble. U.S. Stock Futures Rise After In-Line Key Inflation Data
• Negative Sentiment: Third-quarter guidance was mixed: Trimble forecast EPS of $0.83-$0.88, with a midpoint slightly below the $0.84 consensus, and revenue of $953-$978 million, whose midpoint is below the $960.1 million estimate. This may have prompted profit-taking despite the quarterly beat and stronger full-year forecast.

Insider Buying and Selling

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total transaction of $103,080.00. Following the sale, the director directly owned 17,426 shares of the company’s stock, valued at $1,045,560. The trade was a 8.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Trimble

Hedge funds have recently modified their holdings of the business. State Street Corp increased its holdings in Trimble by 0.4% in the third quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock valued at $894,183,000 after purchasing an additional 43,285 shares during the period. Wellington Management Group LLP increased its stake in shares of Trimble by 126.0% in the fourth quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock valued at $485,747,000 after buying an additional 3,455,949 shares during the period. Invesco Ltd. increased its stake in shares of Trimble by 0.3% in the fourth quarter. Invesco Ltd. now owns 4,169,491 shares of the scientific and technical instruments company’s stock valued at $326,680,000 after buying an additional 12,519 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Trimble by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,369,358 shares of the scientific and technical instruments company’s stock worth $185,661,000 after acquiring an additional 7,246 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Trimble by 0.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,106,316 shares of the scientific and technical instruments company’s stock worth $165,030,000 after acquiring an additional 13,401 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Raymond James Financial downgraded Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Piper Sandler decreased their target price on Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Oppenheimer reissued an “outperform” rating and set a $80.00 target price on shares of Trimble in a research note on Tuesday, July 7th. JPMorgan Chase & Co. reduced their price target on shares of Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Finally, Barclays decreased their price target on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Trimble currently has an average rating of “Moderate Buy” and an average price target of $82.62.

Trimble Company Profile

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.