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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. The company provides architecture and interior design; building information modeling, engineering, and virtual design and construction; and construction and owner software products. It also offers field and office software for estimating and job cost management, and project design and visualization; software for 3D design and data sharing; systems to guide and control construction equipment, such as excavators, bulldozers, wheel loaders, motor graders, and paving equipment; systems to monitor, track, and manage assets, equipment, and workers; and software to facilitate the management of the construction process and for sharing and communication of data in real time. In addition, it provides positioning services comprising VRSNow; CenterPoint RTX; FieldPoint RTX; Rangepoint RTX; ViewPoint RTX; and Trimble xFill services. Further, it offers transportation and logistics solutions for shippers, carriers, retailers, and intermediaries, such as carrier transportation management software (TMS) and maintenance solutions to manage core transportation operations and maintenance workflows; transporeon solutions to provide a cloud-based ecosystem that manages the transportation lifecycle from freight sourcing and procurement through transport execution, dock and yard management, and auditing; and MAPS, a mapping and routing solutions that provide the industry standard for truck-specific routing, mileage, and navigation. It sells its technology solutions directly to end users and through software integrations. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Westminster, Colorado.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.6B | $784M | $424M | $361M | 7.3% | -2.6% | -71.8% |
| 2024 | $3.7B | $2.3B | $1.5B | $498M | 26.2% | -3.0% | 383.3% |
| 2023 | $3.8B | $769M | $311M | $555M | 6.9% | 3.3% | -30.8% |
| 2022 | $3.7B | $812M | $450M | $348M | 11.1% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,676.30 | 3,798.70 | 3,683.30 | 3,587.30 |
| Operating Revenue | - | 3,676.30 | 3,798.70 | 3,683.30 | 3,587.30 |
| Cost Of Revenue | - | 1,570.70 | 1,465.90 | 1,287 | 1,109.40 |
| Gross Profit | - | 2,105.60 | 2,332.80 | 2,396.30 | 2,477.90 |
| Operating Expense | - | 1,564.50 | 1,838.40 | 1,919.70 | 1,866.60 |
| Research And Development | - | 542.10 | 664.30 | 662.30 | 630.70 |
| Selling General And Administration | - | 975.80 | 1,070.50 | 1,151.70 | 1,129.10 |
| Total Expenses | - | 3,135.20 | 3,304.30 | 3,206.70 | 2,976 |
| Operating Income | - | 541.10 | 494.40 | 476.60 | 611.30 |
| Total Operating Income As Reported | - | 510.90 | 448.80 | 460.70 | 592 |
| EBITDA | - | 812 | 768.60 | 2,328.60 | 783.70 |
| Normalized EBITDA | - | 743.20 | 805 | 656.60 | 800 |
| EBIT | - | 640.20 | 518 | 2,096.60 | 583.80 |
| Interest Expense | - | 71.10 | 161 | 90.70 | 74.40 |
| Net Interest Income | - | -71.10 | -161 | -90.70 | -74.40 |
| Other Non Operating Income Expenses | - | -0.80 | 31.90 | -3.90 | -11 |
| Other Income Expense | - | 99.10 | 23.60 | 1,620 | -27.50 |
| Interest Expense Non Operating | - | 71.10 | 161 | 90.70 | 74.40 |
| Net Non Operating Interest Income Expense | - | -71.10 | -161 | -90.70 | -74.40 |
| Pretax Income | - | 569.10 | 357 | 2,005.90 | 509.40 |
| Tax Provision | - | 119.40 | 45.70 | 501.50 | 85.40 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 14.45 | -4.66 | 418.02 | -2.73 |
| Net Income Continuous Operations | - | 449.70 | 311.30 | 1,504.40 | 424 |
| Net Income From Continuing And Discontinued Operation | - | 449.70 | 311.30 | 1,504.40 | 424 |
| Net Income From Continuing Operation Net Minority Interest | - | 449.70 | 311.30 | 1,504.40 | 424 |
| Net Income | - | 449.70 | 311.30 | 1,504.40 | 424 |
| Net Income Common Stockholders | - | 449.70 | 311.30 | 1,504.40 | 424 |
| Net Income Including Noncontrolling Interests | - | 449.70 | 311.30 | 1,504.40 | 424 |
| Normalized Income | - | 395.35 | 343.04 | 250.42 | 437.57 |
| Diluted NI Availto Com Stockholders | - | 449.70 | 311.30 | 1,504.40 | 424 |
| Basic Average Shares | - | 248.60 | 247.90 | 245.50 | 239.20 |
| Diluted Average Shares | - | 250.20 | 249.10 | 247.20 | 241.50 |
| Reconciled Depreciation | - | 171.80 | 250.60 | 232 | 199.90 |
| Reconciled Cost Of Revenue | - | 1,445.50 | 1,318.90 | 1,160.70 | 1,016.30 |
| Total Unusual Items | - | 68.80 | -36.40 | 1,672 | -16.30 |
| Total Unusual Items Excluding Goodwill | - | 68.80 | -36.40 | 1,672 | -16.30 |
| Minority Interests | -0.10 | 0 | 0 | - | - |
| Special Income Charges | - | 68.80 | -36.40 | 1,672 | -16.30 |
| Gain On Sale Of Business | - | 99 | 9.20 | 1,687.90 | 3 |
| Restructuring And Mergern Acquisition | - | 30.20 | 45.60 | 15.90 | 19.30 |
| Depreciation Amortization Depletion Income Statement | - | 46.60 | 103.60 | 105.70 | 106.80 |
| Depreciation And Amortization In Income Statement | - | 46.60 | 103.60 | 105.70 | 106.80 |
| General And Administrative Expense | - | 422.20 | 487.50 | 547.90 | 483.10 |
| Other Gand A | - | 422.20 | 487.50 | 547.90 | 483.10 |
| Selling And Marketing Expense | - | 553.60 | 583 | 603.80 | 646 |
| Earnings From Equity Interest | - | 31.10 | 28.10 | -48.10 | -0.20 |
| Amortization | - | 46.60 | 103.60 | 105.70 | 106.80 |
| Amortization Of Intangibles Income Statement | - | 46.60 | 103.60 | 105.70 | 106.80 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Trimble Inc.this co. | TRMB | $13.0B | 30.62↑ premium | 2.22 | 7.3% | 18.02 |
| Gen Digital Inc. | GEN | $16.0B | 16.42 | 6.12 | 37.3% | 9.26 |
| Semtech Corporation | SMTC | $15.8B | -390.71 | 28.70 | -7.3% | 407.08 |
| Leidos Holdings, Inc. | LDOS | $15.7B | 10.82 | 3.19 | 29.5% | 8.24 |
| Sanmina Corporation | SANM | $15.0B | 61.06 | 6.38 |
| - |
| - |
| - |
| - |
| 10.4% |
| 30.04 |
| Tyler Technologies, Inc. | TYL | $12.7B | 40.17 | 3.42 | 8.5% | 22.50 |
| Zebra Technologies Corporation | ZBRA | $11.7B | 27.91 | 3.26 | 11.7% | 16.72 |
| GoDaddy Inc. | GDDY | $11.2B | 12.84 | 52.23 | 406.8% | 10.88 |
| Gartner, Inc. | IT | $11.0B | 15.14 | 34.50 | 228.0% | 9.79 |
| Peer Median | - | 15.78 | 6.25 | 20.6% | 13.80 | |