Earnings Releases·Nov 4, 2026, 7:04 AM ET

Trimble Inc. — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached $966.8 million, a 7% year-over-year increase on both reported and organic bases, while annualized recurring revenue (ARR) hit a record $2.56 billion, up 11% year-over-year.
Full-year 2026 revenue guidance is set between $3,910 million and $3,940 million, with non-GAAP EPS guidance of $3.63 to $3.69; Q4 revenue is forecast between $1,031 million and $1,061 million.
The company executed significant capital returns, repurchasing approximately 4.0 million shares for $231.7 million in Q3 and $552.9 million year-to-date, alongside $236.5 million in acquisitions net of cash acquired.
GAAP net income was $59.1 million ($0.25 EPS), though a $562.0 million goodwill impairment in the first three quarters previously drove a GAAP net loss of $(313.7) million; non-GAAP net income was $200.5 million ($0.86 EPS).
Management confirmed results surpassed expectations and expressed confidence in the "Connect & Scale" strategy, noting strong performance in the AECO and Field Systems segments despite macroeconomic headwinds.