TRIMBLE INC. TRMB
Trimble is a leading technology solutions and platform provider, enabling office professionals and field workers to connect their workflows and industry lifecycles, driving a more productive, efficient, and sustainable future. With a focus on the industries that build, maintain, and move the world, the comprehensive depth and breadth of our solutions are transforming the way the world works, making it easier for Trimble customers to focus on what matters—getting the job done right.
We innovate at the intersection of the digital and physical worlds with solutions that span the world's foundational industries, including building, civil and infrastructure construction, geospatial, natural resources, utilities, and transportation.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Field Systems
- Aeco
- T&L
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Field Systems | $1.54B | $1.54B | $1.97B |
| Aeco | $1.50B | $1.36B | $1.11B |
| T&L | $549.2M | $788.8M | $720.3M |
As the company reported it, from the “Segment and Geographic Information - Segment Revenue by Geography (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.59B | $3.68B | $3.80B | $3.68B | $3.66B | $3.15B | $3.26B | $3.11B | $2.65B | $2.36B |
| Cost of revenue | $1.11B | $1.29B | $1.47B | $1.57B | $1.62B | $1.39B | $1.48B | $1.43B | $1.27B | $1.13B |
| Gross profit | $2.48B | $2.40B | $2.33B | $2.11B | $2.03B | $1.75B | $1.78B | $1.68B | $1.38B | $1.23B |
| R&D | $630.7M | $662.3M | $664.3M | $542.1M | $536.6M | $475.9M | $469.7M | $446.1M | $370.2M | $349.6M |
| SG&A | $483.1M | $547.9M | $487.5M | $422.2M | $369.1M | $300.9M | $330.6M | $349.8M | $301.7M | $256.0M |
| Total operating expenses | $1.89B | $1.94B | $1.88B | $1.59B | $1.47B | $1.34B | $1.41B | $1.36B | $1.14B | $1.05B |
| Operating income | $592.0M | $460.7M | $448.8M | $510.9M | $561.0M | $419.8M | $375.9M | $320.7M | $235.7M | $180.4M |
| Interest expense | $74.4M | $90.7M | $161.0M | $71.1M | $65.4M | $77.6M | $82.4M | $73.2M | $25.2M | $25.9M |
| Pre-tax income | $509.4M | $2.01B | $357.0M | $569.1M | $574.6M | $395.0M | $344.8M | $278.0M | $248.2M | $176.1M |
| Income tax | $85.4M | $501.5M | $45.7M | $119.4M | $81.8M | $4.4M | $169.7M | $5.3M | $129.7M | $43.9M |
| Net income | $424.0M | $1.50B | $311.3M | $449.7M | $492.7M | $389.9M | $514.3M | $282.8M | $118.4M | $132.4M |
| EPS, basic | 1.77 | 6.13 | 1.26 | 1.81 | 1.96 | 1.56 | 2.05 | 1.13 | 0.47 | 0.53 |
| EPS, diluted | 1.76 | 6.09 | 1.25 | 1.80 | 1.94 | 1.55 | 2.03 | 1.12 | 0.46 | 0.52 |
| Shares, diluted (wtd. avg.) | 241.5M | 247.2M | 249.1M | 250.2M | 254.3M | 252.3M | 252.9M | 253.4M | 256.7M | 253.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $253.4M | $738.8M | $238.9M | $271.0M | $325.7M | $237.7M | $189.2M | $172.5M | $358.5M | $216.1M |
| Short-term investments | — | — | — | — | — | — | — | $0 | $178.9M | $111.1M |
| Receivables | $856.0M | $725.8M | $706.6M | $643.3M | $624.8M | $620.5M | $608.2M | $512.6M | $427.7M | $366.2M |
| Inventory | $186.3M | $194.3M | $235.7M | $402.5M | $363.3M | $301.7M | $312.1M | $298.0M | $264.6M | $213.3M |
| Total current assets | $1.63B | $2.27B | $1.83B | $1.52B | $1.45B | $1.28B | $1.21B | $1.09B | $1.31B | $978.7M |
| Property, plant and equipment | $182.8M | $188.4M | $202.5M | $219.0M | $233.2M | $251.8M | $241.4M | $212.9M | $174.0M | $144.2M |
| Goodwill | $5.24B | $4.99B | $5.35B | $4.14B | $3.98B | $3.88B | $3.68B | $3.54B | $2.29B | $2.08B |
| Other intangibles | $924.1M | $998.1M | $1.24B | $498.1M | $506.6M | $580.1M | $678.7M | $744.3M | $364.8M | $333.3M |
| Total assets | $9.31B | $9.49B | $9.54B | $7.27B | $7.10B | $6.88B | $6.64B | $5.78B | $4.32B | $3.67B |
| Accounts payable | $168.3M | $161.6M | $165.3M | $175.5M | $207.3M | $143.2M | $159.3M | $147.6M | $146.0M | $109.8M |
| Short-term debt | — | $0 | $530.4M | $300.0M | $0 | $255.8M | $219.0M | $256.2M | $128.4M | $130.3M |
| Total current liabilities | $1.50B | $1.79B | $1.83B | $1.46B | $1.19B | $1.31B | $1.19B | $1.06B | $773.4M | $688.2M |
| Long-term debt | $1.39B | $1.39B | $2.54B | $1.22B | $1.29B | $1.29B | $1.62B | $1.71B | $785.5M | $489.6M |
| Total liabilities | $3.48B | $3.74B | $5.04B | $3.22B | $3.15B | $3.28B | $3.52B | $3.10B | $1.90B | $1.37B |
| Retained earnings | $3.39B | $3.76B | $2.44B | $2.23B | $2.17B | $1.89B | $1.60B | $1.27B | $1.08B | $1.18B |
| Total equity | $5.84B | $5.75B | $4.50B | $4.05B | $3.94B | $3.60B | $3.12B | $2.67B | $2.41B | $2.36B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $386.2M | $531.4M | $597.1M | $391.2M | $750.5M | $672.0M | $585.0M | $486.7M | $429.7M | $431.1M |
| Depreciation and amortisation | $199.9M | $232.0M | $250.6M | $171.8M | $41.3M | $39.7M | $39.4M | $35.6M | $34.6M | $37.0M |
| Stock-based compensation | $146.5M | $158.6M | $145.4M | $120.4M | $122.6M | $83.0M | $75.0M | $76.9M | $64.8M | $52.6M |
| Capital expenditure | $25.3M | $33.6M | $42.0M | $43.2M | $46.1M | $56.8M | $69.0M | $67.6M | $43.7M | $26.0M |
| Investing cash flow | -$37.0M | $1.86B | -$2.07B | -$226.3M | -$203.5M | -$231.8M | -$275.3M | -$1.65B | -$371.2M | -$146.9M |
| Financing cash flow | -$868.4M | -$1.86B | $1.43B | -$199.0M | -$447.7M | -$400.3M | -$292.6M | $989.4M | $66.5M | -$177.3M |
| Buybacks | $863.4M | $175.0M | $100.0M | $394.7M | $180.0M | $81.6M | $179.8M | $93.0M | $285.3M | $119.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000864749-26-000042.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.36B | $2.65B | $3.11B | $3.26B | $3.15B | $3.66B | $3.68B | $3.80B | $3.68B | $3.59B |
| Gross profit | $1.23B | $1.38B | $1.68B | $1.78B | $1.75B | $2.03B | $2.11B | $2.33B | $2.40B | $2.48B |
| Net income | $132.4M | $118.4M | $282.8M | $514.3M | $389.9M | $492.7M | $449.7M | $311.3M | $1.50B | $424.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Other event Item 8.01
- Results announced Item 2.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3829
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| TMO | THERMO FISHER SCIENTIFIC INC. | $249.14B | 38.0x | 3.9% |
| ROK | ROCKWELL AUTOMATION, INC | $47.32B | 55.6x | 0.9% |
| ONTO | ONTO INNOVATION INC. | $9.75B | 71.5x | 1.8% |
| MIR | Mirion Technologies, Inc. | $3.62B | 134.6x | 7.5% |
| QSI | Quantum-Si Inc | $304.9M | — | -20.3% |
| OWLT | Owlet, Inc. | $119.8M | — | 35.4% |
| GEOS | GEOSPACE TECHNOLOGIES CORP | $55.1M | — | -18.3% |
| BCHT | Birchtech Corp. | $29.7M | — | 1.3% |