Trimble Inc. (TRMB) Stock Price & Analysis
Trimble Inc. (TRMB) closed at USD 64.01 on Thursday, October 22, 2026, up 2.27% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 64.01; the Oct 22, 2026 session ranged USD 62.39–64.12 on volume of 2,097,774 shares. Market capitalization is —, with a 52-week range of USD 47.92–84.42 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/TRMB.md
Key facts (TRMB)
- Last four reported quarters (through Jul 3, 2026): revenue $3.78B, net income -$105M (-2.8% margin), free cash flow $773M (SEC filings).
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $1.7M; 0 not under a Rule 10b5-1 plan ($0K); 1 by opportunistic insiders (0 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y -20.7% vs S&P 500 +14.9%; 5Y -26.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.86, revenue estimate $966M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TRMB)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.66B | $3.68B | $3.80B | $3.68B | $3.59B | $3.78B |
| Gross profit | $2.03B | $2.11B | $2.33B | $2.40B | $2.48B | — |
| Operating income | $561M | $511M | $449M | $461M | $592M | $643M |
| Net income | $493M | $450M | $311M | $1.50B | $424M | -$105M |
| EPS (diluted) | $1.94 | $1.80 | $1.25 | $6.09 | $1.76 | — |
| Free cash flow | $704M | $348M | $555M | $498M | $361M | $773M |
| Gross margin | 55.6% | 57.3% | 61.4% | 65.1% | 69.1% | — |
| Operating margin | 15.3% | 13.9% | 11.8% | 12.5% | 16.5% | 17.0% |
| Net margin | 13.5% | 12.2% | 8.2% | 40.8% | 11.8% | -2.8% |
| Revenue growth | +16.1% | +0.5% | +3.3% | -3.0% | -2.6% | — |
| Cash + short-term investments | $326M | $271M | $230M | $739M | $253M | — |
| Total debt | $1.29B | $1.52B | $3.07B | $1.39B | $1.39B | — |
Fiscal years end Jan. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 3, 2026) (TRMB)
P/S 4.0x · EV/EBITDA 19.1x · EV/Sales 4.3x · P/FCF 19.3x · P/B 2.9x · FCF yield 5.18% · Earnings yield -0.70% · Buyback yield (TTM) 3.45% · Net debt $1.24B · EV $16.2B
P/E at fiscal year-ends: Jan 2026 38.5x, Jan 2025 12.3x, Dec 2023 42.6x.
Insider sales (SEC Form 4, open-market, last ~7 months) (TRMB)
3 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-04 | Gabriel Kaigham | Director | 1,718 | $103K | 9% | Yes | Too little history (no open-market trades in 2024) |
| 2026-04-16 | Schwartz Mark David | Senior VP, AECO | 16,725 | $1.1M | 46% | Yes | Too little history (no open-market trades in 2023) |
| 2026-04-14 | Painter Robert G | President & CEO | 7,500 | $502K | 2.1% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (TRMB)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | JP Morgan | Target lowered | Overweight | $76 → $75 |
| 2026-08-19 | Barclays | Target raised | Overweight | $79 → $80 |
| 2026-08-13 | Bernstein | Target lowered | Outperform | $85 → $73 |
| 2026-08-13 | JP Morgan | Target raised | Overweight | $75 → $76 |
| 2026-08-13 | Piper Sandler | Reiterated | Overweight | $87 |
| 2026-07-14 | Wells Fargo | Target lowered | Overweight | $70 → $61 |
| 2026-07-13 | JP Morgan | Target lowered | Overweight | $88 → $75 |
| 2026-07-07 | Oppenheimer | Reiterated | Outperform | $80 |
Total return (dividends reinvested) (TRMB)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -20.7% | -26.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -20.7% | -6.0% |
| Volatility (annualized) | 32.2% | 32.8% |
| Max drawdown | -41.5% (Dec 2025→Jun 2026) | -52.8% (Nov 2021→Nov 2023) |
TRMB revenue by business segment (quarter ended Jul 3, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Field Systems | $442.5M | 45.5% | +12.7% |
| AECO | $388.5M | 40.0% | +10.9% |
| T&L | $141.0M | 14.5% | +6.3% |
| Total revenue | $972.0M | 100% | — |
TRMB revenue by product line (quarter ended Jul 3, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Subscription and services | $640.6M | 65.9% | +9.9% |
| Product | $331.4M | 34.1% | +13.2% |
| Total revenue | $972.0M | 100% | — |
TRMB revenue by region (quarter ended Jul 3, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $580.0M | 59.7% | +13.5% |
| United States | $534.4M | 55.0% | +14.5% |
| Europe | $268.6M | 27.6% | +7.6% |
| Asia Pacific | $89.7M | 9.2% | +10.1% |
| Rest of World | $33.7M | 3.5% | +0.3% |
| Total revenue | $972.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
TRMB suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Jabil and Benchmark Electronics | “We outsource the manufacturing of many of our hardware products to our key contract manufacturing partners, which include Jabil and Benchmark Electronics Inc. Our contract manufacturing partners are responsible for significant material procurement, assembly, and testing.” |
| Customer | Caterpillar (CAT) | “These go-to-market capabilities include: direct sales to end users; independent dealers; joint ventures, including with Caterpillar, AGCO Corporation ("AGCO"), Hilti, and Nikon;” |
| Partner | AGCO | “We maintain a joint venture, PTx Trimble, with AGCO to develop the next generation of advanced electronic guidance and control products for agriculture.” |
| Partner | Platform Science | “From time to time, we have divested businesses, including the sale of our agricultural business to a joint venture with AGCO and the sale of our Mobility business to Platform Science.” |
Quoted from the company's 10-K filed Feb 25, 2026.
Companies that name TRMB in their SEC reports
| Relationship to TRMB | Company | Filing | Sentence |
|---|---|---|---|
| partner | AGCO CORP /DE (AGCO) | 10-K Feb 13, 2026 | “These investments include the acquisition of the agriculture assets and technologies of Trimble through the formation of a joint venture of which we own 85% as further discussed in the PTx Trimble joint venture transaction risk factor below.” |
TRMB company outlook (results filed Aug 12, 2026)
- “Full Year Guidance • Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy • Record second quarter gross margins • Second quarter results exceeded expectations • Raising full year 2026 revenue and earnings guidance • Board of Directors approves new share repurchase authorization of $1.0 billion WESTMINSTER, Colo., Aug 12, 2026 - Trimble Inc.”
Quoted word-for-word from the SEC 8-K results press release.
TRMB analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.86 | $0.87 | -0.9% | $966.4M | 11 |
| Next quarter (ends Dec 2026) | $1.16 | $1.13 | +3.1% | $1.05B | 11 |
| Current fiscal year (ends Dec 2026) | $3.67 | $3.59 | +2.3% | $3.93B | 12 |
| Next fiscal year (ends Dec 2027) | $4.14 | $4.08 | +1.5% | $4.24B | 12 |
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 64.01 |
|---|---|
| Change | ▲ 2.27% (up) |
| Previous Close | USD 64.01 |
| Open | USD 64.01 |
| Day Range | USD 62.39 – 64.12 |
| 52-Week Range | USD 47.92 – 84.42 |
| Volume | 2,097,774 shares |
| Market Cap | — |
| Exchange | NMS |
Technical Analysis (TRMB)
Nexqual's technical model rates TRMB "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 66.83 (neutral) |
| vs SMA50 | Above (USD 59.07) |
| MACD | 1.05 (positive) |
Earnings (TRMB)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.86 |
| Revenue Estimate | $966.36M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.86 vs est 0.8 ▲ beat |
| 2026-03-31 | USD 0.79 vs est 0.72 ▲ beat |
| 2025-12-31 | USD 1 vs est 0.96 ▲ beat |
| 2025-09-30 | USD 0.81 vs est 0.72 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (TRMB)
| Total Revenue | $3.78B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +11.00% |
| Gross Margin | +71.77% |
| Operating Margin | +15.13% |
| Profit Margin | -2.77% |
| ROE | -1.94% |
| Debt / Equity | 0.29 |
| Current Ratio | 0.95 |
| Total Cash | $214.40M |
| Total Debt | $1.46B |
| Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K) | $773.10M (20.4% of revenue) |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (TRMB)
Nexqual rates Trimble Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Weak — Revenue -3% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 72%, operating 15% (last 12 months) |
| Balance Sheet | Solid — $214M cash and investments vs $1.46B debt (Jul 2026, SEC) |
| Cash Flow | Strong — FCF $773M (last 4 quarters to Jul 2026, SEC), 20% margin |
| Efficiency | Critical — ROE -2%, ROA 4.8% |
Ownership (TRMB)
| Insider Ownership | +0.40% |
|---|---|
| Institutional Ownership | +102.61% |
| Shares Outstanding | 233.18M |
| Float | 231.95M |
| Short % of Float | +4.89% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (TRMB)
Trimble Inc. is led by Robert G. Painter, CEO, President & Director, per Nexqual as of October 23, 2026 at 09:23 UTC.
| CEO, President & Director | Robert G. Painter |
|---|---|
| Executive VP & CFO | Phillip Sawarynski |
| Senior Vice President of Field Systems | Ronald J. Bisio |
| Senior Vice President of AECO Software | Mark Schwartz |
| Senior Vice President of Transporeon | Chris Keating |
Major Backers & Investors (TRMB)
Notable institutional backers of Trimble Inc. include Ameriprise Financial, Inc., Morgan Stanley, Invesco, according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Ameriprise Financial, Inc. | 5.44% |
| Morgan Stanley | 4% |
| Invesco | 3.16% |
| Generation Investment Management LLP | 3.08% |
| Select Equity Group LP | 2.18% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 11.73% |
| BlackRock | 9.19% |
| State Street | 4.99% |
| Geode Capital | 2.84% |
| Columbia Threadneedle | 2.3% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Trimble Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- Our software is sold as subscription services, including consumption, term licenses, or perpetual licenses, and is hosted as Software as a Service ("SaaS"), or can be provisioned for on-premise usage.
- Delivered through our Via brand and powered by our proprietary data, these solutions automate mission-critical workflows—such as order intake and carrier vetting—to provide predictive insights that unlock significant productivity and operational advantages for our customers.
- Our competitive advantages are deep domain expertise, a long-standing trusted brand, and proprietary data that fuels agentic AI for workflow automation and superior predictive insights.
- We have over 1,000 unique patents reflective of our technology portfolio and deep domain knowledge to deliver specific, targeted solutions quickly and cost-effectively to each of the vertical markets we serve.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in any of these areas could increase our compliance burden, raise our operating costs, or require us to alter our business practices.
- We market many products that are subject to governmental regulations and certifications before they can be sold.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MKSI | MKS Inc. | USD 196.11 | ▼ 9.25% |
| FTV | Fortive Corporation | USD 60.05 | ▲ 2.4% |
| CGNX | Cognex Corporation | USD 54.6 | ▼ 5.94% |
| TDY | Teledyne Technologies Incorpora | USD 620.47 | ▼ 1.53% |
| ESE | ESCO Technologies Inc. | USD 232.99 | ▼ 5.87% |
| ST | Sensata Technologies Holding pl | USD 40.7 | ▼ 3.74% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
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