financial statements

The full income statement, balance sheet, and cash-flow statement for Trimble Inc. (TRMB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

See the live TRMB chart & snapshot →

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2026	FY2025	FY2023	FY2022	FY2021
Income Statement	as ofJan 2 ’26	as ofJan 3 ’25	as ofDec 29 ’23	as ofDec 30 ’22	as ofDec 31 ’21
Revenue	3.59B YoY-2.6%	3.68B YoY-3.0%	3.80B YoY+3.3%	3.68B YoY+0.5%	3.66B YoY+16.2%
	2.48B YoY+3.4%	2.40B YoY+2.7%	2.33B YoY+10.8%	2.11B YoY+3.5%	2.03B YoY+15.9%
Cost of revenue	1.11B YoY-13.8%	1.29B YoY-12.2%	1.47B YoY-6.7%	1.57B YoY-3.3%	1.62B YoY+16.6%
	1.89B YoY-2.6%	1.94B YoY+2.7%	1.88B YoY+18.1%	1.59B YoY+8.2%	1.47B YoY+10.4%
Research & development	631M YoY-4.8%	662M YoY-0.3%	664M YoY+22.5%	542M YoY+1.0%	537M YoY+12.8%
Selling, general & administrative	483M YoY-11.8%	548M YoY+12.4%	488M YoY+15.5%	422M YoY+14.4%	369M YoY+22.7%
General & administrative	483M YoY-11.8%	548M YoY+12.4%	488M YoY+15.5%	422M YoY+14.4%	369M YoY+22.7%
Selling & marketing	646M YoY+7.0%	604M YoY+3.6%	583M YoY+5.3%	554M YoY+9.2%	507M YoY+8.5%
Restructuring	19.3M YoY+21.4%	15.9M YoY-65.1%	45.6M YoY+51.0%	30.2M YoY+193.2%	10.3M YoY-60.1%
Amortization of intangibles	107M YoY+1.0%	106M YoY+2.0%	104M YoY+122.3%	46.6M YoY-8.4%	50.9M YoY-22.3%
Provision for credit losses	—	—	—	7.70M YoY+196.2%	2.60M YoY-63.4%
Operating income	592M YoY+28.5%	461M YoY+2.7%	449M YoY-12.2%	511M YoY-8.9%	561M YoY+33.6%
Interest expense	74.4M YoY-18.0%	90.7M YoY-43.7%	161M	—	—
Net interest income	—	—	-161M YoY-126.4%	-71.1M YoY-8.7%	-65.4M YoY+15.7%
Other non-operating income	-11.0M YoY-182.1%	-3.90M YoY-112.2%	31.9M YoY+4087.5%	-800K YoY-700.0%	-100K YoY-133.3%
Equity-method income	-200K YoY+99.6%	-48.1M YoY-271.2%	28.1M YoY-9.6%	31.1M YoY-17.5%	37.7M YoY-4.3%
Pre-tax income	509M YoY-74.6%	2.01B YoY+461.9%	357M YoY-37.3%	569M YoY-1.0%	575M YoY+45.5%
Income tax	85.4M YoY-83.0%	502M YoY+997.4%	45.7M YoY-61.7%	119M YoY+46.0%	81.8M YoY+1759.1%
	424M YoY-71.8%	1.50B YoY+383.3%	311M YoY-30.8%	450M YoY-8.7%	493M YoY+26.4%
Net income to non-controlling interest	—	—	0.00	0.00 YoY-100.0%	100K YoY-85.7%
	$1.76 YoY-71.1%	$6.09 YoY+387.2%	$1.25 YoY-30.6%	$1.80 YoY-7.2%	$1.94 YoY+25.2%
EPS (basic)	$1.77 YoY-71.1%	$6.13 YoY+386.5%	$1.26 YoY-30.4%	$1.81 YoY-7.7%	$1.96 YoY+25.6%
Weighted-avg shares (basic)	239M YoY-2.6%	246M YoY-1.0%	248M YoY-0.3%	249M YoY-1.1%	251M YoY+0.4%
Weighted-avg shares (diluted)	242M YoY-2.3%	247M YoY-0.8%	249M YoY-0.4%	250M YoY-1.6%	254M YoY+0.8%
Balance Sheet	as ofJan 2 ’26	as ofJan 3 ’25	as ofDec 29 ’23	as ofDec 30 ’22	as ofDec 31 ’21
	1.63B YoY-28.1%	2.27B YoY+24.0%	1.83B YoY+20.6%	1.52B YoY+4.7%	1.45B YoY+13.2%
Cash & equivalents	253M YoY-65.7%	739M YoY+221.5%	230M YoY-15.2%	271M YoY-16.8%	326M YoY+37.0%
Short-term investments	0.00	0.00	0.00	0.00	0.00
Accounts receivable	856M YoY+17.9%	726M YoY+2.7%	707M YoY+9.8%	643M YoY+3.0%	625M YoY+0.7%
Inventory	186M YoY-4.1%	194M YoY-17.6%	236M YoY-41.4%	403M YoY+10.8%	363M YoY+20.4%
Prepaid expenses	103M YoY-0.6%	103M YoY+15.0%	89.8M YoY+21.8%	73.7M	—
Other current assets	234M YoY+19.0%	196M YoY+32.7%	148M YoY+15.7%	128M YoY-6.7%	137M YoY+12.6%
	9.31B YoY-1.9%	9.49B YoY-0.5%	9.54B YoY+31.2%	7.27B YoY+2.4%	7.10B YoY+3.2%
Property, plant & equipment	183M YoY-3.0%	188M YoY-7.0%	203M YoY-7.5%	219M YoY-6.1%	233M YoY-7.4%
Operating lease right-of-use	146M YoY+17.9%	124M YoY-0.4%	124M YoY+2.3%	121M YoY-14.0%	141M YoY+9.4%
Goodwill	5.24B YoY+5.0%	4.99B YoY-6.8%	5.35B YoY+29.3%	4.14B YoY+3.9%	3.98B YoY+2.7%
Intangible assets	924M YoY-7.4%	998M YoY-19.7%	1.24B YoY+149.6%	498M YoY-1.7%	507M YoY-12.7%
Deferred tax assets	260M YoY-11.7%	294M YoY-28.6%	412M YoY-6.0%	438M YoY-12.7%	502M YoY-1.6%
Other non-current assets	463M YoY+19.4%	388M YoY+56.4%	248M YoY-26.3%	336M YoY+18.1%	285M YoY+14.8%
	1.50B YoY-15.9%	1.79B YoY-2.3%	1.83B YoY+25.1%	1.46B YoY+23.0%	1.19B YoY-9.4%
Accounts payable	168M YoY+4.1%	162M YoY-2.2%	165M YoY-5.8%	176M YoY-15.3%	207M YoY+44.8%
Deferred revenue	894M YoY+11.7%	800M YoY+20.7%	663M YoY+3.8%	639M YoY+16.5%	549M YoY-2.1%
Short-term & current debt	0.00	0.00 YoY-100.0%	530M YoY+76.8%	300M	0.00 YoY-100.0%
Current lease liability	27.8M YoY+31.1%	21.2M YoY-27.1%	29.1M YoY-16.9%	35.0M YoY+0.0%	35.0M YoY+3.6%
Other current liabilities	212M YoY+0.2%	211M YoY+4.9%	201M YoY+22.4%	164M YoY-18.4%	202M YoY+8.9%
	3.48B YoY-7.1%	3.74B YoY-25.7%	5.04B YoY+56.6%	3.22B YoY+2.0%	3.15B YoY-3.8%
Long-term debt	1.39B YoY+0.1%	1.39B YoY-45.2%	2.54B YoY+107.9%	1.22B YoY-5.7%	1.29B YoY+0.1%
Deferred revenue (non-current)	105M YoY+9.5%	95.6M YoY-2.7%	98.3M YoY-0.2%	98.5M YoY+18.7%	83.0M YoY+55.7%
Non-current lease liability	141M YoY+14.3%	123M YoY+1.2%	122M YoY+16.0%	105M YoY-13.4%	121M YoY+11.2%
Deferred tax liabilities	191M YoY-4.7%	200M YoY-30.5%	288M YoY+82.4%	158M YoY-40.0%	263M YoY-12.4%
Other non-current liabilities	285M YoY+6.0%	269M YoY+62.3%	166M YoY-5.5%	175M YoY+16.0%	151M YoY+0.3%
	5.84B YoY+1.6%	5.75B YoY+27.7%	4.50B YoY+11.1%	4.05B YoY+2.7%	3.94B YoY+9.6%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	200K YoY+0.0%	200K YoY+0.0%	200K YoY+0.0%	200K YoY-33.3%	300K YoY+0.0%
Additional paid-in capital	2.44B YoY+2.9%	2.37B YoY+7.0%	2.21B YoY+7.8%	2.05B YoY+6.2%	1.94B YoY+7.4%
Retained earnings	3.39B YoY-9.8%	3.76B YoY+54.2%	2.44B YoY+9.3%	2.23B YoY+2.7%	2.17B YoY+14.6%
Accumulated other comprehensive income	10.5M YoY+102.7%	-382M YoY-151.1%	-152M YoY+35.2%	-235M YoY-45.3%	-162M YoY-64.2%
Non-controlling interest	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Total equity incl. non-controlling	3.84B YoY+0.0%	3.84B YoY+0.0%	3.84B YoY+0.0%	3.84B YoY-2.5%	3.94B YoY+9.6%
Total liabilities & equity	9.31B YoY-1.9%	9.49B YoY-0.5%	9.54B YoY+31.2%	7.27B YoY+2.4%	7.10B YoY+3.2%
Common shares issued	236M YoY-4.0%	246M YoY-0.3%	247M YoY-0.2%	247M YoY-1.6%	251M YoY+0.0%
Common shares outstanding	236M YoY-4.0%	246M YoY-0.3%	247M YoY-0.2%	247M YoY-1.6%	251M YoY+0.0%
Shares outstanding (cover)	238M YoY-3.2%	246M YoY-1.2%	249M YoY+0.9%	247M YoY-1.7%	251M YoY+0.3%
Cash Flow	as ofJan 2 ’26	as ofJan 3 ’25	as ofDec 29 ’23	as ofDec 30 ’22	as ofDec 31 ’21
	386M YoY-27.3%	531M YoY-11.0%	597M YoY+52.6%	391M YoY-47.9%	751M YoY+11.7%
Depreciation & amortization	200M YoY-13.8%	232M YoY-7.4%	251M YoY+45.9%	172M YoY+316.0%	41.3M YoY+4.0%
Share-based compensation	147M YoY-7.6%	159M YoY+9.1%	145M YoY+20.8%	120M YoY-1.8%	123M YoY+47.7%
Deferred income taxes	2.30M YoY-91.5%	27.0M YoY+125.8%	-105M YoY-161.5%	-40.0M YoY-48.7%	-26.9M YoY+49.1%
Change in receivables	120M YoY-11.3%	135M YoY+271.2%	36.4M YoY-34.3%	55.4M YoY+515.6%	9.00M YoY-35.7%
Change in inventory	-4.90M YoY+55.5%	-11.0M YoY+83.7%	-67.6M YoY-159.6%	114M YoY+55.7%	72.9M YoY+1358.0%
Change in payables	-5.40M YoY-194.7%	5.70M YoY+146.0%	-12.4M YoY+50.0%	-24.8M YoY-141.1%	60.3M YoY+484.1%
	-37.0M YoY-102.0%	1.86B YoY+190.0%	-2.07B YoY-813.9%	-226M YoY-11.2%	-204M YoY+12.2%
Capital expenditure	25.3M YoY-24.7%	33.6M YoY-20.0%	42.0M YoY-2.8%	43.2M YoY-6.3%	46.1M YoY-18.8%
Acquisitions	4.40M YoY-80.0%	22.0M YoY-98.9%	2.09B YoY+459.3%	374M YoY+58.2%	236M YoY+16.9%
Proceeds from sale of PP&E	—	—	—	—	20.8M YoY+5100.0%
Other investing activities	2.90M YoY-56.7%	6.70M YoY+114.6%	-45.8M YoY-283.2%	25.0M YoY+319.3%	-11.4M YoY-2000.0%
	-868M YoY+53.4%	-1.86B YoY-230.2%	1.43B YoY+819.3%	-199M YoY+55.6%	-448M YoY-11.8%
Long-term debt repaid	577M YoY-73.8%	2.20B YoY-4.1%	2.29B YoY+288.5%	590M YoY+31.2%	450M
Common stock issued	600K YoY+109.2%	-6.50M YoY-197.0%	6.70M YoY+149.3%	-13.6M YoY+9.9%	-15.1M YoY-251.0%
Common stock repurchased	863M YoY+393.4%	175M YoY+75.0%	100M YoY-74.7%	395M YoY+119.3%	180M YoY+120.6%
Other financing activities	-5.60M YoY-24.4%	-4.50M YoY+84.7%	-29.4M YoY-92.2%	-15.3M YoY-856.3%	-1.60M YoY+90.3%
FX effect on cash	24.8M YoY+227.8%	-19.4M YoY-362.2%	7.40M YoY+135.9%	-20.6M YoY-82.3%	-11.3M YoY-231.4%
Net change in cash	-494M YoY-197.2%	509M YoY+1685.4%	-32.1M YoY+41.3%	-54.7M YoY-162.2%	88.0M YoY+81.4%
Interest paid	81.5M YoY-42.0%	140M YoY+5.0%	134M YoY+82.9%	73.1M YoY+18.3%	61.8M YoY-13.9%
Income taxes paid	428M YoY+87.4%	228M YoY+35.8%	168M YoY-14.9%	197M YoY+100.7%	98.3M YoY+66.6%
Valuation Ratios	as ofJan 2 ’26	as ofJan 3 ’25	as ofDec 29 ’23	as ofDec 30 ’22	as ofDec 31 ’21
Market cap	18.6B YoY+7.5%	17.3B YoY+31.0%	13.2B YoY+6.1%	12.5B YoY-43.0%	21.9B YoY+31.0%
P/E	44.0× YoY+281.4%	11.5× YoY-72.9%	42.5× YoY+53.3%	27.7× YoY-37.6%	44.4× YoY+30.0%
P/S	5.2× YoY+10.4%	4.7× YoY+35.1%	3.5× YoY+2.7%	3.4× YoY-43.3%	6.0× YoY+12.5%
P/B	3.2× YoY+5.8%	3.0× YoY+2.6%	2.9× YoY-4.5%	3.1× YoY-44.5%	5.5× YoY+11.2%
P/FCF	51.6× YoY+48.3%	34.8× YoY+46.1%	23.8× YoY-33.5%	35.8× YoY+15.3%	31.1× YoY+1.6%
Earnings yield	2.3% YoY-73.8%	8.7% YoY+268.9%	2.4% YoY-34.8%	3.6% YoY+60.2%	2.3% YoY-23.1%
FCF yield	1.9% YoY-32.6%	2.9% YoY-31.5%	4.2% YoY+50.3%	2.8% YoY-13.3%	3.2% YoY-1.6%
Source filing	10-K	10-K	10-K	10-K	10-K/A

About this data

Source: TRMB's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TRMB filings on SEC EDGAR → Not investment advice.

TRMB▼ financial statements

About this data

financial statements