Trimble Q3 revenue slightly misses estimates
TRMB•Trimble’s third-quarter revenue rose 7% year over year to $966.8 million, slightly below analysts’ $972.62 million estimate, while adjusted EPS of $0.86 matched expectations. The company forecast 2026 revenue of $3.91 billion to $3.94 billion and fourth-quarter revenue of $1.03 billion to $1.06 billion.
1. Third-quarter results
Trimble reported third-quarter revenue of $966.8 million, up 7% year over year and slightly below the $972.62 million analyst consensus. Adjusted EPS was $0.86, matching expectations; adjusted net income of $200.5 million and adjusted EBITDA of $278.5 million each came in below consensus.
2. Outlook and repurchases
The company forecast fourth-quarter revenue of $1.03 billion to $1.06 billion. For 2026, it expects revenue of $3.91 billion to $3.94 billion and non-GAAP EPS of $3.63 to $3.69. Trimble repurchased 4 million shares for $231.7 million during the quarter.
3. Drivers
Trimble said growth in annualized recurring revenue and organic expansion across business segments contributed to third-quarter results. Its CEO said execution of the Connect & Scale strategy supported performance.
