Trimble Inc. (TRMB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 939.9M | 969.8M | 901.2M | 875.7M | 840.6M | 983.4M | 875.8M | 870.8M | 953.3M | 932.4M | 957.3M | 993.6M | 915.4M | 856.5M | 884.9M | 941.2M | 993.7M | 926M | 901.4M | 945.2M |
| Revenue Growth % | 11.81% | -1.38% | 2.9% | 0.56% | -11.82% | 5.47% | -8.51% | -12.36% | 4.14% | 8.86% | 8.18% | 5.57% | -7.88% | -7.51% | -1.83% | -0.42% | 12.09% | 11.61% | 13.8% | 28.84% |
| Cost of Goods Sold | 320.7M | 271.7M | 307.3M | 277.8M | 279.8M | 302.2M | 300.2M | 324.9M | 359.7M | 355.1M | 367.1M | 389.1M | 354.6M | 353.4M | 369.5M | 403.7M | 444.1M | 414.5M | 396.9M | 419.8M |
| COGS % of Revenue | 34.12% | 28.02% | 34.1% | 31.72% | 33.29% | 30.73% | 34.28% | 37.31% | 37.73% | 38.08% | 38.35% | 39.16% | 38.74% | 41.26% | 41.76% | 42.89% | 44.69% | 44.76% | 44.03% | 44.41% |
| Gross Profit | 619.2M | 698.1M | 593.9M | 597.9M | 560.8M | 681.2M | 575.6M | 545.9M | 593.6M | 577.3M | 590.2M | 604.5M | 560.8M | 503.1M | 515.4M | 537.5M | 549.6M | 511.5M | 504.5M | 525.4M |
| Gross Margin % | 65.88% | 71.98% | 65.9% | 68.28% | 66.71% | 69.27% | 65.72% | 62.69% | 62.27% | 61.92% | 61.65% | 60.84% | 61.26% | 58.74% | 58.24% | 57.11% | 55.31% | 55.24% | 55.97% | 55.59% |
| Gross Profit Growth % | 10.41% | 2.48% | 3.18% | 9.53% | -5.53% | 18% | -2.47% | -9.69% | 5.85% | 14.75% | 14.51% | 12.47% | 2.04% | -1.64% | 2.16% | 2.3% | 11.41% | 9.18% | 14.74% | 29.5% |
| Operating Expenses | 472.3M | 481.9M | 427.9M | 470.1M | 463.3M | 507.7M | 459.2M | 484.3M | 484.4M | 480.4M | 468.9M | 510.9M | 423.8M | 406.4M | 393M | 402.6M | 392.7M | 383.7M | 357M | 380.6M |
| OpEx % of Revenue | 50.25% | 49.69% | 47.48% | 53.68% | 55.12% | 51.63% | 52.43% | 55.62% | 50.81% | 51.52% | 48.98% | 51.42% | 46.3% | 47.45% | 44.41% | 42.78% | 39.52% | 41.44% | 39.61% | 40.27% |
| Selling, General & Admin | 302.8M | 302.1M | 276.3M | 276M | 274.7M | 304.9M | 274.7M | 291.2M | 280.9M | 264.4M | 263.4M | 296.6M | 246.1M | 249.9M | 246.7M | 245.8M | 233.4M | 232.6M | 210.7M | 224.8M |
| SG&A % of Revenue | 32.22% | 31.15% | 30.66% | 31.52% | 32.68% | 31% | 31.37% | 33.44% | 29.47% | 28.36% | 27.51% | 29.85% | 26.88% | 29.18% | 27.88% | 26.12% | 23.49% | 25.12% | 23.37% | 23.78% |
| Research & Development | 169.5M | 156M | 152.9M | 163.3M | 158.5M | 175M | 155.6M | 161.5M | 170.2M | 167.7M | 162.5M | 174.8M | 159.3M | 134.7M | 127M | 140.1M | 140.3M | 136.4M | 132.5M | 138.3M |
| R&D % of Revenue | 18.03% | 16.09% | 16.97% | 18.65% | 18.86% | 17.8% | 17.77% | 18.55% | 17.85% | 17.99% | 16.97% | 17.59% | 17.4% | 15.73% | 14.35% | 14.89% | 14.12% | 14.73% | 14.7% | 14.63% |
| Other Operating Expenses | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 146.9M | 216.2M | 166M | 127.8M | 97.5M | 173.5M | 116.4M | 61.6M | 109.2M | 96.9M | 121.3M | 93.6M | 137M | 96.7M | 122.4M | 134.9M | 156.9M | 127.8M | 147.5M | 144.8M |
| Operating Margin % | 15.63% | 22.29% | 18.42% | 14.59% | 11.6% | 17.64% | 13.29% | 7.07% | 11.45% | 10.39% | 12.67% | 9.42% | 14.97% | 11.29% | 13.83% | 14.33% | 15.79% | 13.8% | 16.36% | 15.32% |
| Operating Income Growth % | 50.67% | 24.61% | 42.61% | 107.47% | -10.71% | 79.05% | -4.04% | -34.19% | -20.29% | 0.21% | -0.9% | -30.62% | -12.68% | -24.33% | -17.02% | -6.84% | 11.36% | 4.84% | 44.61% | 48.36% |
| EBITDA | 201.9M | 246.8M | 216.5M | 177.7M | 146.4M | 226.3M | 169.8M | 124.5M | 174.6M | 164.6M | 189.8M | 165.8M | 181.5M | 140.5M | 163.5M | 177.2M | 201.5M | 171.7M | 191.9M | 190.3M |
| EBITDA Margin % | 21.48% | 25.45% | 24.02% | 20.29% | 17.42% | 23.01% | 19.39% | 14.3% | 18.32% | 17.65% | 19.83% | 16.69% | 19.83% | 16.4% | 18.48% | 18.83% | 20.28% | 18.54% | 21.29% | 20.13% |
| EBITDA Growth % | 37.91% | 9.06% | 27.5% | 42.73% | -16.15% | 37.48% | -10.54% | -24.91% | -3.8% | 17.15% | 16.09% | -6.43% | -9.93% | -18.17% | -14.8% | -6.88% | 7.75% | 1.12% | 26.33% | 29.37% |
| D&A (Non-Cash Add-back) | 55M | 30.6M | 50.5M | 49.9M | 48.9M | 52.8M | 53.4M | 62.9M | 65.4M | 67.7M | 68.5M | 72.2M | 44.5M | 43.8M | 41.1M | 42.3M | 44.6M | 43.9M | 44.4M | 45.5M |
| EBIT | 146.9M | 203.3M | 145.8M | 132.7M | 102M | 111.1M | 87.2M | 67.3M | 118.2M | 107.3M | 126.2M | 104.2M | 180.3M | 115.3M | 133.5M | 236.9M | 154.5M | 134.1M | 172.6M | 179M |
| Net Interest Income | -19.5M | -18.7M | -20.7M | -19.4M | -15.6M | -13.3M | -14.1M | -18.1M | -45.2M | -47.8M | -46.8M | -46.7M | -19.7M | -24.2M | -15.6M | -15.3M | -16M | -16M | -15.9M | -16.6M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 19.5M | 18.7M | 20.7M | 19.4M | 15.6M | 13.3M | 14.1M | 18.1M | 45.2M | 47.8M | 46.8M | 46.7M | 19.7M | 24.2M | 15.6M | 15.3M | 16M | 16M | 15.9M | 16.6M |
| Other Income/Expense | -15.6M | -31.6M | -40.9M | -14.5M | -11.1M | -75.7M | -43.3M | 1.7B | -36.2M | -37.4M | -41.9M | -36.1M | 23.6M | -5.6M | -4.5M | 86.7M | -18.4M | -9.7M | 9.2M | 17.6M |
| Pretax Income | 131.3M | 184.6M | 125.1M | 113.3M | 86.4M | 97.8M | 73.1M | 1.76B | 73M | 59.5M | 79.4M | 57.5M | 160.6M | 91.1M | 117.9M | 221.6M | 138.5M | 118.1M | 156.7M | 162.4M |
| Pretax Margin % | 13.97% | 19.03% | 13.88% | 12.94% | 10.28% | 9.95% | 8.35% | 202.34% | 7.66% | 6.38% | 8.29% | 5.79% | 17.54% | 10.64% | 13.32% | 23.54% | 13.94% | 12.75% | 17.38% | 17.18% |
| Income Tax | 32.4M | 28M | 13.6M | 24.1M | 19.7M | 7.6M | 32.5M | 445.6M | 15.8M | -3.5M | 4.5M | 12.9M | 31.8M | 5.5M | 32.1M | 53.6M | 28.2M | 2.8M | 32.7M | 23.5M |
| Effective Tax Rate % | 24.68% | 15.17% | 10.87% | 21.27% | 22.8% | 7.77% | 44.46% | 25.29% | 21.64% | -5.88% | 5.67% | 22.43% | 19.8% | 6.04% | 27.23% | 24.19% | 20.36% | 2.37% | 20.87% | 14.47% |
| Net Income | 98.9M | 156.6M | 111.5M | 89.2M | 66.7M | 90.2M | 40.6M | 1.32B | 57.2M | 63M | 74.9M | 44.6M | 128.8M | 85.6M | 85.8M | 168M | 110.3M | 115.3M | 124M | 138.9M |
| Net Margin % | 10.52% | 16.15% | 12.37% | 10.19% | 7.93% | 9.17% | 4.64% | 151.17% | 6% | 6.76% | 7.82% | 4.49% | 14.07% | 9.99% | 9.7% | 17.85% | 11.1% | 12.45% | 13.76% | 14.7% |
| Net Income Growth % | 48.28% | 73.61% | 174.63% | -93.22% | 16.61% | 43.17% | -45.79% | 2851.57% | -55.59% | -26.4% | -12.7% | -73.45% | 16.77% | -25.76% | -30.81% | 20.95% | -3.67% | -36.05% | 46.4% | 120.48% |
| Net Income (Continuing) | 98.9M | 156.6M | 111.5M | 89.2M | 66.7M | 90.2M | 40.6M | 1.32B | 57.2M | 63M | 74.9M | 44.6M | 128.8M | 85.6M | 85.8M | 168M | 110.3M | 115.3M | 124M | 138.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.42 | 0.65 | 0.46 | 0.37 | 0.27 | 0.36 | 0.16 | 5.34 | 0.23 | 0.25 | 0.30 | 0.18 | 0.52 | 0.34 | 0.34 | 0.67 | 0.44 | 0.45 | 0.49 | 0.55 |
| EPS Growth % | 55.56% | 80.56% | 187.5% | -93.07% | 17.39% | 44% | -46.67% | 2866.67% | -55.77% | -26.47% | -11.76% | -73.13% | 18.18% | -24.44% | -30.61% | 21.82% | -2.22% | -36.62% | 44.12% | 120% |
| EPS (Basic) | 0.42 | 0.66 | 0.47 | 0.37 | 0.27 | 0.37 | 0.17 | 5.37 | 0.23 | 0.25 | 0.30 | 0.18 | 0.52 | 0.35 | 0.35 | 0.67 | 0.44 | 0.46 | 0.49 | 0.55 |
| Diluted Shares Outstanding | 236.9M | 239.8M | 240.4M | 239.6M | 246.2M | 248.2M | 246.9M | 246.4M | 247.4M | 249M | 249.7M | 249M | 248.7M | 248.3M | 248.9M | 250.7M | 252.8M | 254.1M | 254.5M | 254.2M |
| Basic Shares Outstanding | 234.5M | 237.4M | 238.2M | 238.1M | 243.3M | 248.2M | 245.6M | 246.4M | 245.5M | 247.8M | 248.6M | 248.1M | 247.2M | 246.9M | 247.5M | 249.2M | 250.8M | 251.2M | 251.8M | 251.5M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |