Trimble Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.59B | $3.68B | $3.80B | $3.68B | $3.66B | $3.27B | $3.13B | $2.65B |
| Cost of Revenue | $1.11B | $1.29B | $1.47B | $1.57B | $1.62B | $1.48B | $1.43B | $1.26B |
| Gross Profit | $2.48B | $2.40B | $2.33B | $2.11B | $2.03B | $1.78B | $1.68B | $1.38B |
| Gross Margin | 69.1% | 65.1% | 61.4% | 57.3% | 55.6% | 54.4% | 53.7% | 51.9% |
| Operating Expenses | ||||||||
| Research & Development | $630.7M | $662.3M | $664.3M | $542.1M | $536.6M | $469.7M | $446.1M | $370.2M |
| SG&A Expense | $483.1M | $547.9M | $487.5M | $422.2M | $369.1M | $330.6M | $349.8M | $301.7M |
| Operating Income | $592.0M | $460.7M | $448.8M | $510.9M | $561.0M | $375.9M | $320.7M | $235.7M |
| Operating Margin | 16.5% | 12.5% | 11.8% | 13.9% | 15.3% | 11.5% | 10.2% | 8.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $509.4M | $2.01B | $357.0M | $569.1M | $574.6M | $344.8M | $278.0M | $248.2M |
| Income Tax Expense | $85.4M | $501.5M | $45.7M | $119.4M | $81.8M | $-169.7M | $-5.3M | $129.7M |
| Net Income | $424.0M | $1.50B | $311.3M | $449.7M | $492.7M | $514.3M | $282.8M | $118.4M |
| Net Margin | 11.8% | 40.8% | 8.2% | 12.2% | 13.5% | 15.7% | 9.0% | 4.5% |
| EPS (Basic) | $1.77 | $6.13 | $1.26 | $1.81 | $1.96 | $2.05 | $1.13 | $0.47 |
| EPS (Diluted) | $1.76 | $6.09 | $1.25 | $1.80 | $1.94 | $2.03 | $1.12 | $0.46 |
| Shares Outstanding (Basic) | 239.2M | 245.5M | 247.9M | 248.6M | 251.4M | 250.8M | 250.0M | 252.1M |
| Shares Outstanding (Diluted) | 241.5M | 247.2M | 249.1M | 250.2M | 254.3M | 252.9M | 253.4M | 256.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |