Trimble Inc. (TRMB) financial statements: income statement, balance sheet and cash flow
Trimble Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 2, 2026 · FY), Trimble Inc. reported revenue of $3.6B (-2.6% year on year) and net income of $424.0M (-71.8% year on year).
Income statement
Trimble Inc. income statement, fiscal years
Line item
Jan 2, 2026 · FY
Jan 3, 2025 · FY
Dec 29, 2023 · FY
Dec 30, 2022 · FY
Total revenue
$3.6B
$3.7B
$3.8B
$3.7B
Cost of sales
$1.0B
$1.2B
$1.4B
$1.5B
Amortization of purchased intangible assets
$65.2M
$93.3M
$108.7M
$85.0M
Total cost of sales
$1.1B
$1.3B
$1.5B
$1.6B
Gross margin
$2.5B
$2.4B
$2.3B
$2.1B
Research and development
$630.7M
$662.3M
$664.3M
$542.1M
Sales and marketing
$646.0M
$603.8M
$583.0M
$553.6M
General and administrative
$483.1M
$547.9M
$487.5M
$422.2M
Restructuring
$19.3M
$15.9M
$45.6M
$30.2M
Amortization of purchased intangible assets
$106.8M
$105.7M
$103.6M
$46.6M
Total operating expense
$1.9B
$1.9B
$1.9B
$1.6B
Operating income
$592.0M
$460.7M
$448.8M
$510.9M
Divestitures gain, net
$3.0M
$1.7B
$9.2M
$99.0M
Interest expense, net
($74.4M)
($90.7M)
($161.0M)
($71.1M)
(Loss) income from equity method investments, net
($200.0K)
($48.1M)
$28.1M
$31.1M
Other (loss) income, net
($11.0M)
($3.9M)
$31.9M
($800.0K)
Total non-operating (expense) income, net
($82.6M)
$1.5B
($91.8M)
$58.2M
Income before taxes
$509.4M
$2.0B
$357.0M
$569.1M
Income tax provision
$85.4M
$501.5M
$45.7M
$119.4M
Net income
$424.0M
$1.5B
$311.3M
$449.7M
Basic (in usd per share)
$1.77
$6.13
$1.26
$1.81
Diluted (in usd per share)
$1.76
$6.09
$1.25
$1.80
Basic (in shares)
239.2M
245.5M
247.9M
248.6M
Diluted (in shares)
241.5M
247.2M
249.1M
250.2M
Trimble Inc. income statement, quarters
Line item
Jul 3, 2026 · Q2
Apr 3, 2026 · Q1
Oct 3, 2025 · Q3
Jul 4, 2025 · Q2
Total revenue
$972.0M
$939.9M
$901.2M
$875.7M
Cost of sales
$272.6M
$272.1M
$258.4M
$255.2M
Amortization of purchased intangible assets
$16.9M
$16.1M
$16.4M
$16.1M
Total cost of sales
$297.1M
$293.6M
$280.1M
$277.8M
Gross margin
$674.9M
$646.3M
$621.1M
$597.9M
Research and development
$177.1M
$169.5M
$152.9M
$163.3M
Sales and marketing
$176.3M
$176.1M
$158.8M
$158.4M
General and administrative
$149.7M
$126.7M
$117.5M
$117.6M
Restructuring
$12.6M
$2.9M
$14.2M
$4.0M
Amortization of purchased intangible assets
$27.2M
$27.1M
$27.2M
$26.8M
Total operating expense
$542.9M
$502.3M
$470.6M
$470.1M
Operating income
$132.0M
$144.0M
$150.5M
$127.8M
Goodwill impairment
($562.0M)
—
—
—
Interest expense, net
($20.9M)
($19.5M)
($20.7M)
($19.4M)
Income from equity method investments, net
$2.6M
$800.0K
($500.0K)
$2.3M
Other income, net
$3.5M
$6.0M
($3.6M)
$0
Total non-operating expense, net
($576.8M)
($12.7M)
($25.4M)
($14.5M)
(Loss) income before taxes
($444.8M)
$131.3M
$125.1M
$113.3M
Income tax provision
$26.9M
$32.4M
$13.6M
$24.1M
Net (loss) income
($471.7M)
$98.9M
$111.5M
$89.2M
Basic (in usd per share)
-$2.02
$0.42
$0.47
$0.37
Diluted (in usd per share)
-$2.02
$0.42
$0.46
$0.37
Basic (in shares)
233.0M
234.5M
238.2M
238.1M
Diluted (in shares)
233.0M
236.9M
240.4M
239.6M
Balance sheet
Trimble Inc. balance sheet, fiscal years
Line item
Jan 2, 2026 · FY
Jan 3, 2025 · FY
Dec 29, 2023 · FY
Dec 30, 2022 · FY
Cash and cash equivalents
$253.4M
$738.8M
$229.8M
$271.0M
Accounts receivable, net
$856.0M
$725.8M
$706.6M
$643.3M
Inventories
$186.3M
$194.3M
$235.7M
$402.5M
Prepaid expenses
$102.7M
$103.3M
$89.8M
—
Other current assets
$233.5M
$196.2M
$147.8M
$201.4M
Assets held for sale
$0
$312.0M
$421.2M
—
Total current assets
$1.6B
$2.3B
$1.8B
$1.5B
Property and equipment, net
$182.8M
$188.4M
$202.5M
$219.0M
Goodwill
$5.2B
$5.0B
$5.4B
$4.1B
Other purchased intangible assets, net
$924.1M
$998.1M
$1.2B
$498.1M
Deferred income tax assets
$260.0M
$294.4M
$412.3M
$438.4M
Equity investments
$610.8M
$361.0M
—
—
Other non-current assets
$462.7M
$264.1M
$375.5M
$336.2M
Total assets
$9.3B
$9.5B
$9.5B
$7.3B
Accounts payable
$168.3M
$161.6M
$165.3M
$175.5M
Accrued compensation and benefits
$211.7M
$227.2M
$181.2M
$159.4M
Deferred revenue
$894.0M
$800.4M
$663.1M
$639.1M
Income taxes payable
$17.7M
$325.0M
$39.7M
$40.9M
Other current liabilities
$211.7M
$211.2M
$201.3M
$188.1M
Liabilities held for sale
$0
$62.6M
$48.3M
—
Total current liabilities
$1.5B
$1.8B
$1.8B
$1.5B
Long-term debt
$1.4B
$1.4B
$2.5B
$1.2B
Deferred revenue, non-current
$104.7M
$95.6M
$98.3M
$98.5M
Deferred income tax liabilities
$190.5M
$199.9M
$287.8M
$157.8M
Other non-current liabilities
$285.0M
$145.5M
$165.7M
$134.4M
Total liabilities
$3.5B
$3.7B
$5.0B
$3.2B
Preferred stock, $0.001 par value; 3.0 shares authorized; none issued and outstanding
0
0
0
0
Common stock, $0.001 par value; 360.0 shares authorized; 236.0 and 245.8 shares issued and outstanding at the end of 2025 and 2024
200.0K
200.0K
200.0K
200.0K
Additional paid-in-capital
$2.4B
$2.4B
$2.2B
$2.1B
Retained earnings
$3.4B
$3.8B
$2.4B
$2.2B
Accumulated other comprehensive income (loss)
$10.5M
($381.9M)
($152.1M)
($234.9M)
Total stockholders' equity
$5.8B
$5.7B
$4.5B
$4.1B
Total liabilities and stockholders' equity
$9.3B
$9.5B
$9.5B
$7.3B
Trimble Inc. balance sheet, quarters
Line item
Jul 3, 2026
Apr 3, 2026
Oct 3, 2025
Jul 4, 2025
Cash and cash equivalents
$214.4M
$234.1M
$232.7M
$265.9M
Accounts receivable, net
$598.1M
$617.5M
$542.8M
$539.5M
Inventories
$185.3M
$188.0M
$174.7M
$179.7M
Prepaid expenses
$115.3M
$122.8M
$107.8M
$109.6M
Other current assets
$231.8M
$230.3M
$200.6M
$194.9M
Total current assets
$1.3B
$1.4B
$1.3B
$1.3B
Property and equipment, net
$183.2M
$180.8M
$185.8M
$186.9M
Goodwill
$4.8B
$5.2B
$5.2B
$5.2B
Other purchased intangible assets, net
$850.4M
$872.1M
$967.4M
$1.0B
Deferred income tax assets
$253.8M
$256.4M
$287.0M
$300.2M
Equity investments
$617.4M
$616.8M
$622.7M
$630.7M
Other non-current assets
$464.5M
$458.6M
$461.0M
$429.4M
Total assets
$8.5B
$9.0B
$9.0B
$9.1B
Short-term debt
$16.4M
$10.3M
—
$71.0M
Accounts payable
$195.3M
$175.7M
$158.7M
$160.4M
Accrued compensation and benefits
$166.5M
$125.4M
$162.2M
$169.2M
Deferred revenue
$833.9M
$863.2M
$738.8M
$781.2M
Income taxes payable
$6.6M
$15.5M
$15.7M
$18.8M
Other current liabilities
$191.5M
$183.6M
$178.2M
$176.5M
Total current liabilities
$1.4B
$1.4B
$1.3B
$1.4B
Long-term debt
$1.4B
$1.4B
$1.4B
$1.4B
Deferred revenue, non-current
$113.2M
$107.5M
$102.8M
$101.0M
Deferred income tax liabilities
$180.9M
$189.1M
$192.9M
$211.7M
Other non-current liabilities
$282.8M
$281.0M
$288.5M
$279.9M
Total liabilities
$3.4B
$3.4B
$3.2B
$3.4B
Preferred stock, $0.001 par value; 3.0 shares authorized; none issued and outstanding
0
0
0
0
Common stock, $0.001 par value; 360.0 shares authorized; 233.2 and 236.0 shares issued and outstanding at the end of the second quarter of 2026 and year end 2025
200.0K
200.0K
200.0K
200.0K
Additional paid-in-capital
$2.5B
$2.4B
$2.4B
$2.4B
Retained earnings
$2.7B
$3.2B
$3.4B
$3.3B
Accumulated other comprehensive (loss) income
($81.6M)
($28.8M)
$7.6M
$29.5M
Total stockholders’ equity
$5.1B
$5.6B
$5.8B
$5.7B
Total liabilities and stockholders’ equity
$8.5B
$9.0B
$9.0B
$9.1B
Cash flow statement
Trimble Inc. cash flow statement, fiscal years
Line item
Jan 2, 2026 · FY
Jan 3, 2025 · FY
Dec 29, 2023 · FY
Dec 30, 2022 · FY
Net income
$424.0M
$1.5B
$311.3M
$449.7M
Depreciation and amortization
$199.9M
$232.0M
—
—
Deferred income taxes
$2.3M
$27.0M
($104.6M)
($40.0M)
Stock-based compensation
$146.5M
$158.6M
$145.4M
$120.4M
Divestitures gain, net
($3.0M)
($1.7B)
($9.2M)
($99.0M)
Other, net
$88.5M
$93.9M
$11.6M
$41.7M
Accounts receivable, net
($119.9M)
($135.1M)
($36.4M)
($55.4M)
Inventories
$4.9M
$11.0M
$67.6M
($113.5M)
Other current and non-current assets
($72.9M)
($116.3M)
($67.2M)
($46.3M)
Accounts payable
($5.4M)
$5.7M
($12.4M)
($24.8M)
Accrued compensation and benefits
($22.5M)
$56.5M
$20.8M
($54.2M)
Deferred revenue
$85.7M
$168.5M
$26.0M
$108.6M
Income taxes payable
($311.2M)
$265.6M
($4.0M)
—
Other current and non-current liabilities
($30.7M)
($52.5M)
($2.4M)
($67.8M)
Net cash provided by operating activities
$386.2M
$531.4M
$597.1M
$391.2M
Divestitures of businesses, net of cash divested
($4.4M)
—
—
—
Acquisitions of businesses, net of cash acquired
($4.4M)
($22.0M)
($2.1B)
($373.5M)
Purchases of property and equipment
($25.3M)
($33.6M)
($42.0M)
($43.2M)
Other, net
($2.9M)
($6.7M)
$45.8M
($25.0M)
Net cash (used in) provided by investing activities
($37.0M)
$1.9B
($2.1B)
($226.3M)
Issuance of common stock, net of tax withholdings
$600.0K
($6.5M)
$6.7M
($13.6M)
Repurchases of common stock
($863.4M)
($175.0M)
($100.0M)
($394.7M)
Proceeds from debt and revolving credit lines
$577.2M
$521.2M
$3.8B
$814.8M
Payments on debt and revolving credit lines
($577.2M)
($2.2B)
($2.3B)
($590.2M)
Other, net
($5.6M)
($4.5M)
($29.4M)
($15.3M)
Net cash (used in) provided by financing activities
($868.4M)
($1.9B)
$1.4B
($199.0M)
Effect of exchange rate changes on cash and cash equivalents
$24.8M
($19.4M)
$7.4M
($20.6M)
Net (decrease) increase in cash and cash equivalents
($494.4M)
$508.9M
($32.1M)
($54.7M)
Cash and cash equivalents - beginning of period
$747.8M
$238.9M
$271.0M
$325.7M
Cash and cash equivalents - end of period
$253.4M
$747.8M
$238.9M
—
Cash paid for interest
$81.5M
$140.4M
$133.7M
$73.1M
Cash tax paid, net, excluding tax for the Ag divestiture
$150.1M
$106.1M
—
—
Cash tax paid for the Ag divestiture
$277.4M
$122.0M
—
—
Trimble Inc. cash flow statement, quarters
Line item
Jul 3, 2026 · YTD
Apr 3, 2026 · Q1
Oct 3, 2025 · YTD
Jul 4, 2025 · YTD
Net (loss) income
($372.8M)
$98.9M
$267.4M
$155.9M
Depreciation and amortization
$101.0M
$49.9M
$149.3M
$98.8M
Goodwill impairment
$562.0M
—
—
—
Deferred income taxes
$5.3M
$4.3M
($24.3M)
($19.5M)
Stock-based compensation
$85.1M
$41.8M
$111.1M
$76.3M
Other, net
($6.8M)
($2.3M)
$57.7M
$41.4M
Accounts receivable, net
$250.4M
$234.1M
$195.0M
$202.7M
Inventories
$5.5M
($800.0K)
$17.3M
$12.6M
Other current and non-current assets
($23.4M)
($17.0M)
($31.1M)
($6.4M)
Accounts payable
$26.8M
$8.4M
($13.6M)
($12.5M)
Accrued compensation and benefits
($43.3M)
($85.4M)
($71.8M)
($65.5M)
Deferred revenue
($54.4M)
($26.2M)
($71.1M)
($31.8M)
Income taxes payable
($11.0M)
($2.3M)
($311.5M)
($308.5M)
Other current and non-current liabilities
($9.4M)
($28.7M)
($44.3M)
($36.6M)
Net cash provided by operating activities
$515.0M
$274.7M
$225.9M
$102.1M
Divestitures of businesses, net of cash divested
($2.0M)
$0
($6.5M)
($7.3M)
Acquisitions of businesses, net of cash acquired
($230.5M)
—
($4.4M)
($4.4M)
Purchases of property and equipment
($13.2M)
($6.1M)
($19.7M)
($12.5M)
Other, net
$400.0K
$1.0M
($5.5M)
($3.0M)
Net cash used in investing activities
($245.3M)
($5.1M)
($36.1M)
($27.2M)
Issuance of common stock, net of tax withholdings
($32.5M)
$16.7M
$1.1M
($23.1M)
Repurchases of common stock
($329.0M)
($322.8M)
($727.4M)
($677.4M)
Proceeds from debt and revolving credit lines
$795.8M
$167.2M
$577.2M
$348.3M
Payments on debt and revolving credit lines
($729.5M)
($147.0M)
($577.2M)
($227.3M)
Other, net
($7.2M)
—
($3.0M)
($3.1M)
Net cash used in financing activities
($302.4M)
($285.9M)
($729.3M)
($582.6M)
Effect of exchange rate changes on cash and cash equivalents