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Trimble Inc. TRMB Field Systems — Operating expense

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$71.4M-5.2%

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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:OperatingExpenses.

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) / First Quarter of 2026Reportable Segments / AECOReportable Segments / Field SystemsReportable Segments / T&L
Segment revenue$391.1$409.2$139.6
Cost of sales62.7175.034.4
Operating expense205.3116.271.4
Operating income$123.1$118.0$33.8
Operating income %31.5%28.8%24.2%
First Quarter of 2025
Segment revenue$335.4$359.2$146.0
Cost of sales58.9154.244.6

Item 1. Financial Statements (Unaudited)

FAQ

What is Trimble Inc.'s field systems — operating expense?
Trimble Inc. (TRMB) reported field systems — operating expense of $116.2M in Q1 2026.
How has Trimble Inc.'s field systems — operating expense changed year-over-year?
Trimble Inc.'s field systems — operating expense increased by 18.1% year-over-year, from $98.4M to $116.2M.
What is the long-term trend for Trimble Inc.'s field systems — operating expense?
Over 3 years (2022 to 2025), Trimble Inc.'s field systems — operating expense has grown at a -5.2% compound annual growth rate (CAGR), from $498M to $424.7M.
What does field systems — operating expense mean?
Represents the day-to-day costs of running the Field Systems segment, including research and development, sales and marketing, and general administrative expenses. These costs are essential for supporting long-term growth and innovation.

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