Citable filing context
TRMB's research view summarizes recent SEC filing context, starting with earnings from Aug 12, 2026.
| Filed | Item | Context |
|---|---|---|
| Aug 12, 2026 | earnings | Trimble reported Q2 2026 financial results and authorized a new $1.0 billion share repurchase program. |
| May 27, 2026 | management_change | Trimble held its 2026 annual meeting and announced Mark S. Peek's resignation from the Board. |
| May 26, 2026 | management_change | Mark S. Peek resigned as a director, and Thomas Sweet was appointed Chair of the Audit Committee. |
| Aug 12, 2026 | Guidance: gaap_earnings_per_share | 0.39 to 0.44 |
| Aug 12, 2026 | Guidance: gaap_loss_per_share | 0.07 to 0.12 |
| Aug 12, 2026 | Guidance: non_gaap_earnings_per_share | 3.60 to 3.70 |
| Aug 12, 2026 | mda_quarterly | Trimble reported strong financial performance for the first half of 2026, characterized by 11% total revenue growth and a 14% year-over-year increase in annualized recurring revenue (ARR) to $2.5 billion. The company’s strategic shift toward recurring revenue remains a primary driver, with software, services, and recurring revenue now accounting for 77% of total sales. Organic revenue growth was bolstered by robust demand in civil construction and surveying, alongside subscription expansion in the AECO segment. Despite operational growth, Trimble recorded a significant $562 million goodwill impairment charge in its Transportation & Logistics (T&L) segment, driven by macroeconomic uncertainty and compressed market multiples for software businesses. This resulted in a GAAP net loss for the period, though non-GAAP diluted earnings per share rose 25% to $1.65. Strategic activity included the $246.4 million acquisition of Document Crunch to enhance AI-driven construction risk management and the divestiture of the Mobility business to Platform Science. Management continues to navigate global headwinds, including geopolitical tensions and inflationary pressures, while leveraging a new $1 billion stock repurchase program. The company remains focused on its "Connect & Scale" strategy, integrating AI and machine learning across its portfolio to drive productivity and operational efficiency. |
| May 6, 2026 | mda_quarterly | Trimble reported first-quarter 2026 total revenue of $939.9 million, a 12% increase year-over-year, with organic growth also at 12%. Annualized recurring revenue (ARR) grew 12% to $2.4 billion, with software, services, and recurring revenue comprising 78% of total revenue. Gross margin expanded to 68.8% and operating income rose 48% to $144 million, driven by a shift toward higher-margin subscription and software license sales. Segment growth was led by AECO, which grew 17% through demand for Construction Management Systems, Structures, and Architecture & Design, and Field Systems, which grew 14% via Civil Construction and Surveying solutions. T&L revenue declined 4% to $139.6 million following the divestiture of the Mobility business to Platform Science, though organic growth remained positive at 6% due to Transporeon and MAPS. Key risks include geopolitical tensions in the Middle East, tariff volatility, and inflationary pressures. Liquidity remains strong with a $1.75 billion credit facility, including a recent $250 million draw for an acquisition. Additionally, the repeal of the domestic R&D capitalization requirement under OBBBA is expected to provide approximately $53 million in cash tax reductions during 2026. |
Source: SEC EDGAR filing text and events; period Aug 12, 2026; filed Aug 12, 2026.
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