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Trimble Inc. TRMB T&L — Operating expense

Other segment segments

AECO
$205.3M+11.0%
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$116.2M+18.1%

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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 T&L — operating expense?
Trimble Inc. (TRMB) reported T&L — operating expense of $71.4M in Q1 2026.
How has Trimble Inc.'s T&L — operating expense changed year-over-year?
Trimble Inc.'s T&L — operating expense decreased by 5.2% year-over-year, from $75.3M to $71.4M.
What is the long-term trend for Trimble Inc.'s T&L — operating expense?
Over 3 years (2022 to 2025), Trimble Inc.'s T&L — operating expense has grown at a 2.2% compound annual growth rate (CAGR), from $265.3M to $283.5M.
What does T&L — operating expense mean?
Represents the indirect costs required to run the Transportation and Logistics segment, including research and development, sales and marketing, and general administrative expenses. These costs are essential for supporting the segment's ongoing operations and future innovation.

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