TRMBTrimble Inc.
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
The biggest changes in the 10-K filed 2026-02-25, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Net income
-71.8% Big change FY to 2026-01-02 vs 2025-01-03The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Gross margin
65.1% → 69.1% (+4.0 pts) Big change FY to 2026-01-02 vs 2025-01-03“Gross margin and gross margin as a percentage of revenue increased due to the improved mix of higher margin subscription and software term license sales, lower intangible amortization expense due to fully amortized intangibles, as well as the divestiture of lower margin businesses.”
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“Non-GAAP gross margin and operating expenses exclude restructuring costs composed of termination benefits related to reductions in employee headcount, closure or exit of facilities, and cancellation of certain contracts, and other costs composed of one-time incremental expenses resulting from the re-audit and related remediation of control deficiencies.”
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Operating margin
12.5% → 16.5% (+4.0 pts) Big change FY to 2026-01-02 vs 2025-01-03“Operating income and operating income as a percentage of revenue increased primarily due to organic revenue and gross margin expansion, and to a lesser extent, lower acquisition and divestiture transaction expenses, partially offset by the loss of divestiture income.”
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“Operating income and operating income as a percentage of revenue increased primarily due to revenue and gross margin expansion, partially offset by the January 1 software renewals and additional week.”
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Cash from operations
-27.3% Big change FY to 2026-01-02 vs 2025-01-03“The decrease in cash provided by operating activities was primarily driven by higher tax payments related to the Ag divestiture, and to a lesser extent, higher incentive bonus payments.”
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Revenue
-2.6% FY to 2026-01-02 vs 2025-01-03“Total organic revenue increased due to subscription and services growth, partially offset by the January 1 software renewals and the additional week.”
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“Organic product revenue slightly decreased due to lower demand in surveying and positioning products, partially offset by strong end-user demand for Civil Construction solutions.”
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Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
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