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Other financials

Income statement

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Revenue$939.9M+11.8%
Gross profit$646.3M+15.2%
Operating income$144.0M+47.7%
Net income$98.9M+48.3%
EPS (diluted)$0.42+55.6%

Balance sheet

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Cash & equivalents$234.1M-19.3%
Total debt$1.4B+2.3%
Total equity$5.6B+4.0%
Total assets$9.0B+1.0%

Cash flow

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Operating cash flow$274.7M+76.5%
CapEx$6.1M-7.6%
Free cash flow$268.6M+80.3%

Valuation

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Market cap$13.66B-32.0%
Enterprise value$14.84B-30.6%
P/E29.9×-40.1×
P/S3.7×-1.9×

Profitability

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Gross margin69.5%+3.3pp
Operating margin17.3%+4.7pp
Net margin12.4%-30.0pp
FCF margin11.8%-3.4pp

Returns & leverage

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Return on equity8.3%-22.7pp
Debt / equity0.3×0.0×
Current ratio+0.2×

Where this comes from

Reported directly by Trimble Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Trimble Inc.’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000864749-26-000063
(In millions, except per share amounts)First Quarter of / 2026First Quarter of / 2025
Total cost of sales293.6279.8
Gross margin646.3560.8
Operating expense:
Research and development169.5158.5
Sales and marketing176.1153.2
General and administrative126.7121.5
Restructuring2.94.5
Amortization of purchased intangible assets27.125.6

Item 1. Financial Statements (Unaudited)

FAQ

What is Trimble Inc.'s R&D?
Trimble Inc. (TRMB) reported R&D of $169.5M in Q1 2026.
How has Trimble Inc.'s R&D changed year-over-year?
Trimble Inc.'s R&D increased by 6.9% year-over-year, from $158.5M to $169.5M.
What is the long-term trend for Trimble Inc.'s R&D?
Over 4 years (2021 to 2025), Trimble Inc.'s R&D has grown at a 4.1% compound annual growth rate (CAGR), from $536.6M to $630.7M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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