In fiscal 2025, which ended Jan 2, 2026, Trimble Inc. reported revenue of $3.6 billion, down 2.6% from the year before. Net income was $424.0 million, a profit margin of 11.8%. Operating income came to $592.0 million, an operating margin of 16.5%. Diluted earnings per share were $1.76. Over the twelve months ended Oct 2, 2026, revenue was $3.8 billion and the net loss was $157.1 million. Across the 10 fiscal years shown, revenue grew from $2.4 billion in fiscal 2016 to $3.6 billion in fiscal 2025, about 4.8% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Oct 2, 2026
|
FY 2025
Jan 2, 2026
|
FY 2024
Jan 3, 2025
|
FY 2023
Dec 29, 2023
|
FY 2022
Dec 30, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Jan 1, 2021
|
FY 2019
Jan 3, 2020
|
FY 2018
Dec 28, 2018
|
FY 2017
Dec 29, 2017
|
FY 2016
Dec 30, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
3,848
+6.9%
|
3,587
-2.6%
|
3,683
-3.0%
|
3,799
+3.3%
|
3,676
+0.5%
|
3,659
+16.2%
|
3,148
-3.6%
|
3,264
+5.0%
|
3,108
+17.1%
|
2,654
+12.4%
|
2,362
+3.1%
|
| Cost of revenue |
1,170
+2.6%
|
1,109
-13.8%
|
1,287
-12.2%
|
1,466
-6.7%
|
1,571
-3.3%
|
1,624
+16.6%
|
1,393
-6.1%
|
1,483
+3.9%
|
1,427
+13.1%
|
1,262
+12.2%
|
1,124
+3.3%
|
| Gross profit |
2,678
+8.8%
|
2,478
+3.4%
|
2,396
+2.7%
|
2,333
+10.8%
|
2,106
+3.5%
|
2,035
+15.9%
|
1,755
-1.5%
|
1,781
+5.9%
|
1,681
+22.0%
|
1,378
+11.6%
|
1,234
+2.7%
|
| Research and development |
666
+2.4%
|
631
-4.8%
|
662
-0.3%
|
664
+22.5%
|
542
+1.0%
|
537
+12.8%
|
476
+1.3%
|
470
+5.3%
|
446
+20.5%
|
370
+5.9%
|
350
+3.8%
|
| Selling, general and administrative |
1,233
+9.0%
|
1,129
-2.0%
|
1,152
+7.6%
|
1,070
+9.7%
|
976
+11.4%
|
876
+14.1%
|
768
-8.0%
|
835
+0.6%
|
830
+18.2%
|
702
+11.3%
|
631
+0.1%
|
| Restructuring and impairment |
37
+51.0%
|
19
+21.4%
|
16
-65.1%
|
46
+51.0%
|
30
+193.2%
|
10
-60.1%
|
26
-3.7%
|
27
+226.8%
|
8
+18.8%
|
7
-40.5%
|
12
+1.8%
|
| Operating income |
634
+15.5%
|
592
+28.5%
|
461
+2.7%
|
449
-12.2%
|
511
-8.9%
|
561
+33.6%
|
420
+11.7%
|
376
+17.2%
|
321
+36.1%
|
236
+30.7%
|
180
+16.8%
|
| Other income (expense) |
-642
-406.6%
|
-83
-105.3%
|
1,545
+1783.2%
|
-92
-257.7%
|
58
+327.9%
|
14
+154.8%
|
-25
+20.3%
|
-31
+27.2%
|
-43
-441.6%
|
12
+390.7%
|
-4
-65.4%
|
| Equity in earnings of affiliates |
1
+102.2%
|
-0
+99.6%
|
-48
-271.2%
|
28
-9.6%
|
31
-17.5%
|
38
-4.3%
|
39
+10.1%
|
36
+24.7%
|
29
-2.7%
|
30
+67.6%
|
18
-1.7%
|
| Pretax income |
-8
-101.8%
|
509
-74.6%
|
2,006
+461.9%
|
357
-37.3%
|
569
-1.0%
|
575
+45.5%
|
395
+14.6%
|
345
+24.0%
|
278
+12.0%
|
248
+40.9%
|
176
+16.0%
|
| Income tax |
150
+130.0%
|
85
-83.0%
|
502
+997.4%
|
46
-61.7%
|
119
+46.0%
|
82
+1759.1%
|
4
+102.6%
|
-170
-3101.9%
|
-5
-104.1%
|
130
+195.4%
|
44
+41.2%
|
| Net income |
-157
-143.9%
|
424
-71.8%
|
1,504
+383.3%
|
311
-30.8%
|
450
-8.7%
|
493
+26.4%
|
390
-24.2%
|
514
+81.9%
|
283
+138.9%
|
118
-10.6%
|
132
+9.3%
|
| Basic EPS |
-0.67
-145.3%
|
1.77
-71.1%
|
6.13
+386.5%
|
1.26
-30.4%
|
1.81
-7.7%
|
1.96
+25.6%
|
1.56
-23.9%
|
2.05
+81.4%
|
1.13
+140.4%
|
0.47
-11.3%
|
0.53
+12.8%
|
| Diluted EPS |
-0.67
-145.5%
|
1.76
-71.1%
|
6.09
+387.2%
|
1.25
-30.6%
|
1.80
-7.2%
|
1.94
+25.2%
|
1.55
-23.6%
|
2.03
+81.2%
|
1.12
+143.5%
|
0.46
-11.5%
|
0.52
+10.6%
|
| Weighted average shares, basic |
234
-3.0%
|
239
-2.6%
|
246
-1.0%
|
248
-0.3%
|
249
-1.1%
|
251
+0.4%
|
250
-0.1%
|
251
+0.3%
|
250
-0.8%
|
252
+0.6%
|
250
-2.1%
|
| Weighted average shares, diluted |
235
-3.5%
|
242
-2.3%
|
247
-0.8%
|
249
-0.4%
|
250
-1.6%
|
254
+0.8%
|
252
-0.2%
|
253
-0.2%
|
253
-1.3%
|
257
+1.1%
|
254
-1.8%
|
| Other measures | |||||||||||
| Depreciation and amortization |
202
+0.1%
|
200
-13.8%
|
232
+505.7%
|
38
-4.7%
|
40
-2.7%
|
41
+4.0%
|
40
+0.8%
|
39
+10.7%
|
36
+2.9%
|
35
-6.5%
|
37
+0.8%
|
| EBITDA |
836
+11.3%
|
792
+14.3%
|
693
+42.2%
|
487
-11.6%
|
551
-8.5%
|
602
+31.1%
|
460
+10.6%
|
415
+16.6%
|
356
+31.8%
|
270
+24.3%
|
217
+13.8%
|
| Interest coverage |
7.98x
|
7.96x
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Margins | |||||||||||
| Gross margin |
69.60%
|
69.07%
|
65.06%
|
61.41%
|
57.27%
|
55.61%
|
55.75%
|
54.56%
|
54.08%
|
51.90%
|
52.26%
|
| Operating margin |
16.48%
|
16.50%
|
12.51%
|
11.81%
|
13.90%
|
15.33%
|
13.34%
|
11.52%
|
10.32%
|
8.88%
|
7.64%
|
| Pretax margin |
-0.20%
|
14.20%
|
54.46%
|
9.40%
|
15.48%
|
15.70%
|
12.55%
|
10.56%
|
8.94%
|
9.35%
|
7.45%
|
| Profit margin |
-4.08%
|
11.82%
|
40.84%
|
8.19%
|
12.23%
|
13.47%
|
12.39%
|
15.76%
|
9.10%
|
4.46%
|
5.60%
|
| EBITDA margin |
21.74%
|
22.08%
|
18.81%
|
12.82%
|
14.99%
|
16.46%
|
14.60%
|
12.72%
|
11.46%
|
10.18%
|
9.20%
|
| Effective tax rate |
—
|
16.76%
|
25.00%
|
12.80%
|
20.98%
|
14.24%
|
1.11%
|
-49.22%
|
-1.91%
|
52.26%
|
24.93%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Measuring & Controlling Devices, NEC (SIC 3829)
- Listed as
- TRMB (Nasdaq)
- Fiscal year ends
- January 2
- Incorporated in
- DE
- Headquarters
- Westminster, CO
- SEC filer status
- Large accelerated filer
- SEC CIK
- 864749
- Former names
- TRIMBLE NAVIGATION LTD /CA/ (until Sep 6, 2016)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.