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Trimble Inc.
S&P 500
$11.9B
Market Cap
43.6
P/E
2.20
PEG
5.7%
ROCE
14.5%
ROE
0.24
D/E
16.5%
OPM
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🌏 Global Investor Returns
Currency-adjusted total returns for TRMB including FX impact
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📈 Price History
Ratio Health
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Good
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By Category
Shareholding
About

Trimble Inc. offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally.

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⭐ Superinvestors Holding TRMB
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Manager Shares Value % of Fund Period
Cathie Wood ARK Investment Management 1.25M $81.4M 0.63% Mar 2026
Jim Simons Renaissance Technologies LLC 946.7K $61.8M 0.10% Mar 2026
Steve Cohen Point72 Asset Management 119.5K $7.8M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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🎙 Management Tone Mixed → Stable 4 quarters Full tone analysis in Intelligence →
📊 MIXED Trimble Q1 2026: Revenue $940M (up 12%), ARR $2.435B (up 13%), EPS $0.79, raised FY guidance.
Revenue & Profitability
First-quarter 2026 organic revenue grew 12% year-over-year to $940 million, exceeding guidance. ARR reached a record $2.435 billion, up 13%. Non-GAAP earnings per share was $0.79, above the high end of the guided range. Gross margin expanded to 71% and EBITDA margin was 27.4%, a 150-basis-point improvement. Free cash flow was $275 million. The company raised its full-year guidance: revenue midpoint $3.875 billion (8% growth), EPS $3.55, ARR growth 13%, and EBITDA margin 29.7%.
Outlook
Management sees strong end-market demand in civil construction and infrastructure, supported by data center growth. However, they note limited visibility in hardware due to Middle East conflict, tariff policy uncertainty, and tougher year-over-year comparisons in the second half. The transportation market in North America is showing early signs of recovery, while Europe remains challenged but the company is holding competitive win ratios and growing network density.
Growth Drivers
Key growth levers include cross-selling Trimble Construction One globally (launched in Asia-Pacific), strength in civil construction and geospatial (Field Systems up 12%), and expanding AI-powered products like autonomous procurement and quotation in transportation. AECO grew ARR 14% with record segment revenues, partly from European and APAC expansion. Transportation ARR grew 9% with new logo growth up over 50% year-over-year in Europe.
Balance Sheet & CapEx
Not discussed in detail in this earnings call.
Margins
Gross margin was 71% in Q1. EBITDA margin expanded 150 bps year-over-year to 27.4%, with a full-year target of 29.7%. Segment margins: AECO operating margin 31.5% (up 420 bps), Field Systems 28.8% (slightly down due to timing of OpEx and trade show expenses), Transportation 24.2% (up 300 bps). The company aims for 30% EBITDA margins by 2027, enabled by operating leverage and reinvestment.
Key Risks
Management flagged limited visibility on hardware revenue due to the Middle East conflict and tariff policy uncertainty. In transportation, the macro environment remains challenged, though North America shows early signs of recovery. Labor shortages in construction were noted as a near-term constraint, but they view this as a tailwind for automation demand.
Generated by AI · Q1 2026 results · Not investment advice
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Information Sources:
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