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Trimble Inc. TRMB Subscription and services — Cost of Sales

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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$11.46B+6.2%
Enterprise value$12.65B+6.3%
P/E25.1×+18.0×
P/S3.1×+0.1×

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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

The official record: Trimble Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trimble Inc.'s subscription and services — cost of sales?
Trimble Inc. (TRMB) reported subscription and services — cost of sales of $119.3M in Q1 2026.
How has Trimble Inc.'s subscription and services — cost of sales changed year-over-year?
Trimble Inc.'s subscription and services — cost of sales decreased by 0.3% year-over-year, from $119.7M to $119.3M.
What is the long-term trend for Trimble Inc.'s subscription and services — cost of sales?
Over 4 years (2021 to 2025), Trimble Inc.'s subscription and services — cost of sales has grown at a 1.0% compound annual growth rate (CAGR), from $450.3M to $467.7M.
What does subscription and services — cost of sales mean?
The direct expenses required to provide and maintain the subscription and service offerings for this segment.
How do you interpret subscription and services — cost of sales?
A decrease relative to revenue indicates improved operational efficiency and scalability, while an increase may suggest rising infrastructure or support costs.
How does subscription and services — cost of sales compare across companies?
Comparable to Cost of Revenue or Cost of Goods Sold (COGS) for software and services divisions at peer technology firms.