Trimble Inc. (TRMB) Income Statement
TRMB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTRMB revenue and net income
Where TRMB's revenue goes
2025Each bar shows an amount and its share of revenue. TRMB kept 11.8% of revenue as net income.
TRMB profit margins
TRMB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.6% | −0.8% | +2.6% | +4.6% |
| Gross profit | +2.3% | +5.2% | +6.9% | +7.4% |
| Operating income | +31.9% | +5.9% | +7.7% | +14.7% |
| Net income | −71.8% | −1.9% | +1.7% | +13.4% |
| EPS (diluted) | +6.0% | +4.7% | +6.3% | +10.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TRMB quarterly EPS vs estimates
Trimble beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.73).
TRMB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.59B | $3.68B | $3.80B | $3.68B | $3.66B | $3.15B | $3.26B | $3.11B | $2.65B | $2.36B |
| Cost of revenue | $1.14B | $1.29B | $1.47B | $1.57B | $1.62B | $1.39B | $1.48B | $1.43B | $1.26B | $1.12B |
| Gross profit | $2.45B | $2.40B | $2.33B | $2.11B | $2.03B | $1.75B | $1.78B | $1.68B | $1.39B | $1.24B |
| Research & development | $630.7M | $662.3M | $664.3M | $542.1M | $536.6M | $475.9M | $469.7M | $446.1M | $370.2M | $349.6M |
| Sales, general & admin | $1.13B | $1.15B | $1.07B | $975.8M | $875.9M | $767.9M | $834.8M | $829.6M | $706.5M | $633.6M |
| Total operating expenses | $1.84B | $1.94B | $1.88B | $1.59B | $1.47B | $1.34B | $1.41B | $1.35B | $1.14B | $1.05B |
| Operating income | $607.5M | $460.7M | $448.8M | $510.9M | $561.0M | $419.8M | $375.9M | $320.7M | $246.0M | $181.0M |
| Interest expense | $74.4M | $90.7M | $161.0M | $71.1M | $65.4M | $77.6M | $82.4M | $73.2M | $25.0M | $25.9M |
| Income before taxes | $509.4M | $2.01B | $357.0M | $569.1M | $574.6M | $395.0M | $344.8M | $278.0M | $259.1M | $176.7M |
| Income taxes | $85.4M | $501.5M | $45.7M | $119.4M | $81.8M | $4.4M | −$169.7M | −$5.3M | $137.9M | $44.5M |
| Net income | $424.0M | $1.50B | $311.3M | $449.7M | $492.8M | $389.9M | $514.3M | $282.8M | $121.1M | $132.4M |
| EBITDA | $763.7M | $2.33B | $768.6M | $747.4M | $819.9M | $692.9M | $634.4M | $590.0M | $478.1M | $388.3M |
| EPS (diluted) | $3.02 | $2.85 | $2.67 | $2.63 | $2.66 | $2.22 | $1.99 | $1.91 | $1.49 | $1.18 |
| Gross margin | 68.3% | 65.1% | 61.4% | 57.3% | 55.6% | 55.8% | 54.6% | 54.1% | 52.5% | 52.4% |
| Operating margin | 16.9% | 12.5% | 11.8% | 13.9% | 15.3% | 13.3% | 11.5% | 10.3% | 9.3% | 7.7% |
| Net margin | 11.8% | 40.8% | 8.2% | 12.2% | 13.5% | 12.4% | 15.8% | 9.1% | 4.6% | 5.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $972.0M | $939.9M | $969.8M | $901.2M | $875.7M | $840.6M | $983.4M | $875.8M | $870.8M | $953.3M | $932.4M | $957.3M |
| Cost of revenue | $297.1M | $320.7M | $271.7M | $307.3M | $277.8M | $279.8M | $300.2M | $326.7M | $324.9M | $359.7M | $355.1M | $367.1M |
| Gross profit | $674.9M | $619.2M | $698.1M | $593.9M | $597.9M | $560.8M | $575.6M | $549.1M | $545.9M | $593.6M | $577.3M | $590.2M |
| Research & development | $177.1M | $169.5M | $156.0M | $152.9M | $163.3M | $158.5M | $155.6M | $155.6M | $161.5M | $170.2M | $167.7M | $162.5M |
| Sales, general & admin | $326.0M | $302.8M | $302.1M | $276.3M | $276.0M | $274.7M | $274.7M | $274.7M | $291.2M | $280.9M | $264.4M | $263.4M |
| Total operating expenses | $542.9M | $472.3M | $481.9M | $427.9M | $470.1M | $463.3M | $459.2M | $430.3M | $484.3M | $484.4M | $480.4M | $468.9M |
| Operating income | $132.0M | $146.9M | $216.2M | $166.0M | $127.8M | $97.5M | $116.4M | $118.8M | $61.6M | $109.2M | $96.9M | $121.3M |
| Interest expense | $20.9M | $19.5M | $18.7M | $20.7M | $19.4M | $15.6M | $14.1M | $14.1M | $18.1M | $45.2M | $47.8M | $46.8M |
| Income before taxes | −$444.8M | $131.3M | $184.6M | $125.1M | $113.3M | $86.4M | $73.1M | $73.1M | $1.76B | $73.0M | $59.5M | $79.4M |
| Income taxes | $26.9M | $32.4M | $28.0M | $13.6M | $24.1M | $19.7M | $32.5M | $32.5M | $445.6M | $15.8M | −$3.5M | $4.5M |
| Net income | −$471.7M | $98.9M | $156.6M | $111.5M | $89.2M | $66.7M | $90.2M | $40.6M | $1.32B | $57.2M | $63.0M | $74.9M |
| EBITDA | −$372.8M | $205.8M | $233.9M | $196.3M | $182.6M | $150.9M | $140.6M | $144.4M | $130.2M | $183.6M | $175.0M | $194.7M |
| EPS (diluted) | $0.68 | $0.79 | $1.00 | $0.70 | $0.71 | $0.61 | $0.89 | $0.70 | $0.62 | $0.64 | $0.63 | $0.68 |
| Gross margin | 69.4% | 65.9% | 72.0% | 65.9% | 68.3% | 66.7% | 58.5% | 62.7% | 62.7% | 62.3% | 61.9% | 61.7% |
| Operating margin | 13.6% | 15.6% | 22.3% | 18.4% | 14.6% | 11.6% | 11.8% | 13.6% | 7.1% | 11.5% | 10.4% | 12.7% |
| Net margin | −48.5% | 10.5% | 16.1% | 12.4% | 10.2% | 7.9% | 9.2% | 4.6% | 151.2% | 6.0% | 6.8% | 7.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TRMB's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TRMB financial results
In fiscal year 2025 (ended December 31, 2025), Trimble reported revenue of $3.6 billion, down 2.6% from the year before. It had net income of $424.0 million (down 71.8%), a net profit margin of 11.8%. Diluted earnings per share came to $3.02. Over five years revenue grew at an average rate of 2.6% a year.
See the TRMB stock overview for the latest quote and news, or the TRMB chart for price history and technical indicators.
TRMB income statement FAQ
What is Trimble's annual revenue?
Trimble reported total revenue of $3.6 billion for fiscal year 2025, which ended on December 31, 2025. That was down 2.6% from $3.7 billion the previous year.
Is Trimble profitable?
Yes. Trimble reported net income of $424.0 million in fiscal 2025, a net profit margin of 11.8%; its operating margin was 16.9%.
What is Trimble's gross margin?
Trimble's gross margin was 68.3% in fiscal 2025: for every $100 of revenue, Trimble kept $68 after the direct cost of its products and services.
How much does Trimble spend on research and development?
Trimble spent $630.7 million on research and development in fiscal 2025, 17.6% of revenue.
How fast is Trimble growing?
Revenue grew 2.6% a year on average over the last five fiscal years, from $3.1 billion to $3.6 billion.
What are Trimble's earnings per share?
Trimble earned $3.02 per diluted share in fiscal 2025, compared with $2.85 a year earlier.
When will Trimble report its next earnings?
Trimble is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Trimble's fiscal year end?
Trimble's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.