TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0000864749 /10-K filed Feb 25, 2026, compared with Apr 25, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
SWKSLITETRMBMPWRPDDOG
Nasdaq Technology · Measuring Instruments

Trimble Inc. TRMB

TRMB quote by TradingView

Trimble is a leading technology solutions and platform provider, enabling office professionals and field workers to connect their workflows and industry lifecycles, driving a more productive, efficient, and sustainable future. 10-K, Item 1

Employees
11,500
Headquarters
Westminster, CO
CEO
Robert G. Painter
Next results
around Feb 9, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $3.6B through the costs to a net profit of $424.0M · income statement of the 10-K

17% operating margin
Revenue to Gross profit: $2.5BRevenue to Cost of revenue: $1.1BGross profit to Operating profit: $592.0MGross profit to Operating expenses: $1.9BOperating profit to Net profit: $424.0MOperating profit to Tax & other: $168.0MOperating expenses to R&D: $630.7MOperating expenses to Sales, admin & other: $1.3B Revenue: $3.6B REVENUE $3.6B −3% Y/Y Gross profit: $2.5B · 69% margin GROSS PROFIT $2.5B 69% margin · +3% Y/Y Cost of revenue: $1.1B · 31% of revenue COST OF REVENUE $1.1B 31% of revenue Operating profit: $592.0M · 17% margin OPERATING PROFIT $592.0M 17% margin · +29% Y/Y Operating expenses: $1.9B · 53% of revenue OPERATING EXPENSES $1.9B 53% of revenue Net profit: $424.0M · 12% margin NET PROFIT $424.0M 12% margin · −72% Y/Y Tax & other: $168.0M · 5% of revenue TAX & OTHER $168.0M 5% of revenue R&D: $630.7M · 18% of revenue R&D $630.7M 18% of revenue Sales, admin & other: $1.3B · 35% of revenue SALES, ADMIN & OTHER $1.3B 35% of revenue
Gross profit $2.5B 69% margin · +3% Y/Y
Operating profit $592.0M 17% margin · +29% Y/Y
Net profit $424.0M 12% margin · −72% Y/Y
The full income statement, year by year

TRMB among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: -2.6%, above 5% of 74 peers (their median 14.1%) REVENUE GROWTH -2.6% · above 5% Gross margin: 69.6%, above 67% of 67 peers (their median 56.4%) GROSS MARGIN 69.6% · above 67% Operating margin: 16.5%, above 34% of 70 peers (their median 23.8%) OPERATING MARGIN 16.5% · above 34% Net margin: -4.1%, above 3% of 74 peers (their median 19.2%) NET MARGIN -4.1% · above 3% FCF margin: 20.7%, above 46% of 70 peers (their median 23.7%) FCF MARGIN 20.7% · above 46% Return on capital: 7.6%, above 30% of 61 peers (their median 12.7%) RETURN ON CAPITAL 7.6% · above 30%
TRMB Peer median Below the median

What changed

14 new risk paragraphs and 6 accounting facts worth reading about. 10-K filed Feb 25, 2026 against Apr 25, 2025.

Risk factors
14 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Receivables growing faster than revenue
Receivables +17.9% vs revenue -2.6% (+20.5 pts)
10-K · XBRL
Cash from operations lower than net income
Cash from operations $386.2M vs net income $424.0M (FY ending Jan 2, 2026)
10-K · XBRL
Auditor change
8-K item 4.01 (change in certifying accountant) filed Apr 29, 2025
10-K · XBRL
Late filing notice (NT 10-K or NT 10-Q)
NT 10-K filed Mar 5, 2025: the company said its 10-K would be late
10-K · XBRL
Critical audit matters changed
New this year: Index to Financial Statements (“entitlement; and (ii) evaluated that each sampled item utilized the appropriate standalone selling price in the allocation of the transaction price over the performance obligations.”). No longer listed: Divestitures – Goodwill allocation and underlying fair value assumptions. Same as last year: Evaluation of standalone selling prices of performance obligations
10-K · XBRL
Material weakness in internal control
“In our opinion, because of the effect of the material weaknesses, described below, on the achievement of the objectives of the control criteria, the Company has not maintained effective internal control over financial reporting as of January 2, 2026, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.”
10-K · XBRL
Accounting checks
5 other checks clear, 6 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

6facts worth reading about the other 5 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +17.9% vs revenue -2.6% (+20.5 pts)
  • Cash from operations lower than net income
    Cash from operations $386.2M vs net income $424.0M (FY ending Jan 2, 2026)
  • Auditor change
    8-K item 4.01 (change in certifying accountant) filed Apr 29, 2025
  • Late filing notice (NT 10-K or NT 10-Q)
    NT 10-K filed Mar 5, 2025: the company said its 10-K would be late
  • Critical audit matters changed
    New this year: Index to Financial Statements (“entitlement; and (ii) evaluated that each sampled item utilized the appropriate standalone selling price in the allocation of the transaction price over the performance obligations.”). No longer listed: Divestitures – Goodwill allocation and underlying fair value assumptions. Same as last year: Evaluation of standalone selling prices of performance obligations
  • Material weakness in internal control
    “In our opinion, because of the effect of the material weaknesses, described below, on the achievement of the objectives of the control criteria, the Company has not maintained effective internal control over financial reporting as of January 2, 2026, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.”
  • Inventory -4.1% vs revenue -2.6% (-1.5 pts)
4 more checks with nothing to note
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

14 paragraphs in Risk Factors that were not in the 10-K filed Apr 25, 2025. Quoted as filed.

All 14 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Apr 25, 2025 10-K, ITEM 1A
    Further, certain components used in our products require long lead times for ordering, and if we do not accurately forecast the need for such components, we may end up with component shortages or excess inventory.
  2. Item 1A · new paragraph · not in the 10-K filed Apr 25, 2025 10-K, ITEM 1A
    We also maintain a minority, non-controlling interest in Platform Science, a private company that acquired our Mobility business in February 2025, and we continue to provide products and services to Platform Science under various commercial relationships. The value of our minority equity interest in Platform Science, as well as the…
  3. Item 1A · new paragraph · not in the 10-K filed Apr 25, 2025 10-K, ITEM 1A
    If we fail to navigate these challenges effectively, we could suffer reputational, technical, or competitive harm and our business and results of operations could be negatively affected.
  4. Item 1A · new paragraph · not in the 10-K filed Apr 25, 2025 10-K, ITEM 1A
    Many of our products use satellite signals available globally from the Russian GLONASS, China’s BeiDou, and the European Galileo GNSS Systems. Other countries have developed regional GNSS systems, such as India’s NavIC and Japan's QZSS,

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

From the same starting line, FY2016 to FY2025

Revenue, net income and free cash flow, each set to 100 in FY2016. What happened, from the 10-Ks. Not a forecast.

FY2016 = 100
500 1000 100 Revenue: $2.4B in FY2016, $3.6B in FY2025 REVENUE $3.6B · 1.5x Net income: $132.4M in FY2016, $424.0M in FY2025 NET INCOME $424.0M · 3.2x Free cash flow: $405.1M in FY2016, $360.9M in FY2025 FREE CASH FLOW $360.9M · 0.9x FY2016 = 100FY2021FY2025
Revenue 1.5x $2.4B to $3.6B
Net income 3.2x $132.4M to $424.0M
Free cash flow 0.9x $405.1M to $360.9M

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$3.7B$3.8B$3.7B$3.6B
Net income$449.7M$311.3M$1.5B$424.0M
Operating cash flow$391.2M$597.1M$531.4M$386.2M
Free cash flow$348.0M$555.1M$497.8M$360.9M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$3.6B ▼ 2.6% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Trimble Inc., Westminster, CO · from the 10-K filed Feb 25, 2026

Trimble is a leading technology solutions and platform provider, enabling office professionals and field workers to connect their workflows and industry lifecycles, driving a more productive, efficient, and sustainable future. With a focus on the industries that build, maintain, and move the world, the comprehensive depth and breadth of our solutions are transforming the way the world works, making it easier for Trimble customers to focus on what matters - getting the job done right.

Headquarters
Westminster, CO
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
January 2
Last results
Nov 4, 2026
Incorporated in
DE

Employees, at the top of the page: "At the end of 2025, we employed over 11,500 full-time and part-time employees, the overwhelming majority of which were full-time employees" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 25, 2026 (open at SEC), compared with the 10-K filed Apr 25, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/TRMB/export.csv") into a cell.