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Trimas TRS Corporate Segment — System implementation costs

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Other financials

Income statement

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Revenue$168.3M+10.4%
Gross profit$36.9M+12.3%
Operating income$6.9M-3.6%
Net income$800.8M+6,348%
EPS (diluted)$21.40+7,033%

Balance sheet

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Cash & equivalents$1.3B+3,904%
Total debt$439.9M-9.2%
Total equity$1.4B+111%
Total assets$2.3B+64.8%

Cash flow

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Operating cash flow-$19.4M-311%
CapEx$5.2M-59.7%
Free cash flow-$24.6M-556%

Valuation

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Market cap$1.43B+1.4%
Enterprise value$565.19M-69.6%
P/E1.6×-36.4×
P/S2.2×-0.1×

Profitability

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Gross margin-0.1%-2.1pp
Operating margin8%-1.0pp
Net margin137.3%+132pp
FCF margin7.3%+3.1pp

Returns & leverage

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Return on equity85.1%+80.4pp
Debt / equity0.3×-0.4×
Current ratio4.9×+2.0×

Where this comes from

Reported directly by Trimas in its filing.

Tagged under the XBRL concept trs:SystemImplementationCosts.

The source filing: Trimas’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 1:53 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000842633-26-000029

(b) Includes $1.4 million of realignment and severance costs and $1.2 million of system implementation costs.

Item 1. Consolidated Financial Statements

FAQ

What is Trimas's corporate segment — system implementation costs?
Trimas (TRS) reported corporate segment — system implementation costs of $1.2M in Q1 2026.
How has Trimas's corporate segment — system implementation costs changed year-over-year?
Trimas's corporate segment — system implementation costs increased by 33.3% year-over-year, from $900K to $1.2M.
What does corporate segment — system implementation costs mean?
This metric captures the costs associated with the deployment, integration, and upgrade of enterprise-wide software and information technology systems. It reflects the investment required to modernize corporate infrastructure and improve data management capabilities. High levels of these costs indicate significant ongoing efforts to enhance operational scalability and digital transformation.

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