Aug. 13 at 2:14 AM
$TRMB
Trimble (NASDAQ: TRMB) delivered a strong Q2 FY2026 earnings report (8/12/2026), beating Wall Street expectations on both revenue and earnings. Revenue rose 11% year over year to
$972 million, while non-GAAP EPS came in at
$0.86 versus the
$0.80 consensus estimate. Management also raised full-year guidance, signaling confidence in continued growth.
The company reported record annual recurring revenue (ARR) of
$2.51 billion, expanded EBITDA margins to 28.6%, and approved a new
$1 billion share repurchase program. Growth continues to be driven by software subscriptions, connected workflows and AI-enabled solutions.
The biggest concern was a
$562 million non-cash goodwill impairment related to the Transportation & Logistics segment, which resulted in a GAAP loss. However, underlying operations remain strong.
Analysts remain generally bullish, with 12-month price targets ranging from roughly
$75 to
$83. Trimble appears well positioned for long-term growth.
