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Trimble Inc. TRMB T&L — Cost of Sales

Other segment segments

Field Systems
$175M+13.5%
AECO
$62.7M+6.5%

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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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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 T&L — cost of sales?
Trimble Inc. (TRMB) reported T&L — cost of sales of $34.4M in Q1 2026.
How has Trimble Inc.'s T&L — cost of sales changed year-over-year?
Trimble Inc.'s T&L — cost of sales decreased by 22.9% year-over-year, from $44.6M to $34.4M.
What is the long-term trend for Trimble Inc.'s T&L — cost of sales?
Over 3 years (2022 to 2025), Trimble Inc.'s T&L — cost of sales has grown at a -18.5% compound annual growth rate (CAGR), from $268.2M to $145.2M.
What does T&L — cost of sales mean?
Includes all direct costs associated with producing and delivering the software, hardware, and services sold by the Transportation and Logistics segment. This encompasses manufacturing costs, direct labor, and costs related to cloud service delivery.

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