Trimble (NASDAQ:TRMB) Issues FY 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.600-3.700 for the period, compared to the consensus earnings per share estimate of 3.470. The company issued revenue guidance of $3.9 billion-$4.0 billion, compared to the consensus revenue estimate of $3.9 billion. Trimble also updated its Q3 2026 guidance to 0.830-0.880 EPS.

Trimble Price Performance

Shares of TRMB opened at $56.35 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25. The company’s fifty day simple moving average is $53.27 and its 200 day simple moving average is $60.68. The company has a market cap of $13.14 billion, a price-to-earnings ratio of 29.66, a PEG ratio of 1.93 and a beta of 1.37. Trimble has a 1-year low of $47.92 and a 1-year high of $84.54.

Trimble (NASDAQ:TRMB) last posted its earnings results on Wednesday, August 12th. 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. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The company had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. During the same quarter last year, the company posted $0.71 EPS. Trimble’s quarterly revenue was up 11.0% compared to the same quarter last year. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. On average, research analysts forecast that Trimble will post 3.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TRMB. Oppenheimer reaffirmed an “outperform” rating and issued a $80.00 target price on shares of Trimble in a report on Tuesday, July 7th. Raymond James Financial downgraded Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. 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, May 6th. Barclays lowered their price objective on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Finally, Wall Street Zen raised shares of Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $82.62.

Insider Buying and Selling at Trimble

In related news, Director Kaigham Gabriel sold 1,718 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was 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 in the company, valued at approximately $1,045,560. The trade was a 8.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company’s stock.

Key Trimble News

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q2 results exceeded expectations: Trimble reported revenue of $972 million, up 11% year over year, and adjusted EPS of $0.86 versus the $0.80 consensus estimate. Adjusted EBITDA was $278 million, or 28.6% of revenue. Trimble Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Guidance was raised: Management now expects fiscal 2026 revenue of approximately $3.90 billion to $3.95 billion and non-GAAP EPS of $3.60 to $3.70, above the prior earnings expectation of $3.47. Third-quarter EPS guidance of $0.83 to $0.88 is broadly near consensus. Trimble Q2 CY2026 Results and Outlook
• Positive Sentiment: Recurring revenue and capital returns improved: Annualized recurring revenue reached a record $2.51 billion, supporting the company’s software-focused Connect & Scale strategy. The board also authorized a new $1 billion share-repurchase program. Trimble Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Transportation showed tentative improvement: Transportation revenue rose 5%, and management described early signs of recovery in freight, although the business remains under pressure. Trimble Sees Freight Green Shoots
• Negative Sentiment: Non-cash impairment drove a GAAP loss: Trimble recorded a $562 million goodwill impairment tied to Transportation and Logistics, resulting in a GAAP net loss of approximately $472 million. This headline loss appears to have outweighed the adjusted earnings beat and higher guidance. Trimble Slides as Transportation Unit Impairment Overshadows Strong Q2
• Negative Sentiment: Insider-selling data may add caution: Quiver reported six open-market insider sales and no purchases during the past six months, though these transactions are secondary to the earnings-related impairment. Trimble Trading and Earnings Analysis

Hedge Funds Weigh In On Trimble

A number of large investors have recently modified their holdings of TRMB. State Street Corp increased its holdings in Trimble by 0.4% during the 3rd quarter. State Street Corp now owns 10,951,409 shares of the scientific and technical instruments company’s stock worth $894,183,000 after acquiring an additional 43,285 shares during the period. Wellington Management Group LLP increased its holdings 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 worth $485,747,000 after purchasing an additional 3,455,949 shares during the period. Invesco Ltd. raised its position 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 worth $326,680,000 after buying an additional 12,519 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in 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 valued at $185,661,000 after buying an additional 7,246 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in Trimble by 0.6% in the 4th 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 last quarter. 93.21% of the stock is currently owned by institutional investors.

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.