Nov 4, 7:04 AM ET
Trimble Inc. reported third-quarter 2026 revenue of $966.8 million and GAAP net income of $59.1 million, while updating full-year guidance for 2026. The company achieved a record annualized recurring revenue of $2.56 billion and repurchased approximately 4.0 million shares for $231.7 million during the quarter.
- Third-quarter revenue reached $966.8 million, up 7 percent year-over-year.
- Annualized recurring revenue (ARR) grew 11 percent year-over-year to $2.56 billion.
- Trimble repurchased approximately 4.0 million shares for $231.7 million in the quarter.
- Full-year 2026 revenue is expected to be between $3,910 million and $3,940 million.
Read the filing on SEC.gov ↗
Nov 3, 1:50 PM ET
Trimble's board appointed Matthew C. Brown, currently Chief Financial Officer of Tenable Holdings, as a director effective November 2, 2026, and placed him on the Audit Committee. The filing does not name any change in an executive role at Trimble, and it describes a standard non-employee director compensation arrangement and indemnification agreement.
- Board appointed Matthew C. Brown as a director effective November 2, 2026.
- Brown was also appointed to the Audit Committee of the Board on the same date.
- Brown has been CFO of Tenable Holdings, Inc. since August 2025 and was CFO of Altair Engineering Inc. from January 2021 to March 2025.
- Brown receives non-employee director compensation under the Board of Directors Compensation Policy; the filing reports no related party transactions.
Read the filing on SEC.gov ↗
Oct 2, 4:08 PM ET
On October 2, 2026, Trimble entered a credit agreement with Bank of America as administrative agent for an unsecured delayed draw term loan of $500.0 million. No loans had been borrowed as of that date, and the company may draw in up to four borrowings through January 29, 2027, after which undrawn commitments terminate. The facility gives Trimble access to committed funds for general corporate purposes, and any borrowings would become debt that must be repaid under the terms of the agreement.
- Facility size: $500.0 million unsecured delayed draw term loan, agreed October 2, 2026
- No term loans borrowed as of October 2, 2026; up to four draws permitted on or before January 29, 2027
- Term loans mature two years after the initial borrowing date; ticking fee of 0.075% to 0.275% per annum accrues from December 1, 2026
- Interest at term SOFR plus a margin of 0.875% to 1.750%, or an alternate base rate option
Read the filing on SEC.gov ↗
Aug 12, 7:01 AM ET
Trimble reported second-quarter 2026 revenue of $972.0 million, up 11 percent year over year, and raised its full-year 2026 revenue and earnings guidance. A $562.0 million goodwill impairment tied to the Transportation and Logistics segment drove a GAAP net loss of $471.7 million, while non-GAAP net income was $200.3 million. The board also approved a new $1.0 billion share repurchase authorization with no expiration date, replacing the prior authorization that had $608.2 million remaining.
- Q2 2026 revenue was $972.0 million, up 11 percent; non-GAAP operating income was $260.6 million, or 26.8 percent of revenue.
- GAAP diluted loss per share was $(2.02) for the quarter, including a $562.0 million goodwill impairment; non-GAAP diluted EPS was $0.86.
- Full-year 2026 guidance: revenue of $3,900 million to $3,950 million and non-GAAP EPS of $3.60 to $3.70; GAAP loss per share of $0.07 to $0.12 is expected.
- Board authorized up to $1.0 billion in share repurchases on August 10, 2026; the prior authorization was cancelled.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
