Overview
Technology company's Q4 revenue fell 1% yr/yr but beat analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company repurchased 1.9 mln shares for $148.1 mln in Q4
Outlook
Trimble expects full-year 2026 revenue between $3.81 bln and $3.91 bln
Company forecasts Q1 2026 revenue between $893 mln and $918 mln
Trimble projects 2026 GAAP EPS of $2.04 to $2.23
Result Drivers
CONNECT & SCALE STRATEGY - Trimble's execution of its Connect & Scale strategy drove record annualized recurring revenue and strong gross margins
ORGANIC GROWTH - Despite a 1% decline in overall revenue, organic revenue grew by 4%, indicating underlying business strength
OPERATING MARGINS - Record operating income margins achieved, suggesting effective cost management and operational efficiency
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $969.80 mln | $950.81 mln (12 Analysts) |
Q4 Adjusted EPS | Beat | $1 | $0.96 (12 Analysts) |
Q4 EPS | $0.65 | ||
Q4 Adjusted Net Income | Beat | $240.80 mln | $230.82 mln (10 Analysts) |
Q4 Net Income | $156.60 mln | ||
Q4 Adjusted EBITDA | Beat | $324.80 mln | $310.48 mln (9 Analysts) |
Q4 operating income | $216.20 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Trimble Inc is $99.00, about 47.9% above its February 9 closing price of $66.93
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 24 three months ago
Press Release: ID:nPn5M7tSna
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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