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Trimble Inc. TRMB Subscription and services — Total Revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue:
Product$311.2$271.6
Subscription and services628.7569.0
Total revenue939.9840.6
Cost of sales:
Product158.2143.7
Subscription and services119.3119.7
Amortization of purchased intangible assets16.116.4

Item 1. Financial Statements (Unaudited)

FAQ

What is Trimble Inc.'s subscription and services — total revenue?
Trimble Inc. (TRMB) reported subscription and services — total revenue of $628.7M in Q1 2026.
How has Trimble Inc.'s subscription and services — total revenue changed year-over-year?
Trimble Inc.'s subscription and services — total revenue increased by 10.5% year-over-year, from $569M to $628.7M.
What is the long-term trend for Trimble Inc.'s subscription and services — total revenue?
Over 4 years (2021 to 2025), Trimble Inc.'s subscription and services — total revenue has grown at a 12.6% compound annual growth rate (CAGR), from $1.52B to $2.45B.
What does subscription and services — total revenue mean?
This metric represents the total gross revenue generated from recurring subscription contracts and associated professional services within a specific business segment. It reflects the company's ability to monetize its software platforms and ongoing service offerings over time, serving as a key indicator of customer retention and recurring business model adoption. Growth in this area highlights the successful transition from one-time hardware sales to a predictable, high-margin software-as-a-service revenue stream.

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