FinDog Earnings CheckupEarnings release 08-12 · 10-Q 08-12Data from SEC filings

Trimble Q2 FY2026: revenue up 11%, non-GAAP EPS $0.86, $562M impairment

Trimble's core business is accelerating: revenue rose 11.0% to $972.0 million, gross margin reached a record second-quarter 69.4%, and non-GAAP earnings per share of $0.86 beat the $0.8171 consensus. The headline GAAP loss of $471.7 million is a valuation write-off, not a cash drain — a $562.0 million goodwill impairment in Transportation and Logistics. Read the operating metrics first, then the accounting charge.

1 · Expected vs. Actual

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EPS (non-GAAP)

Beat

$0.86

Est. $0.82 · +5.3%

GAAP diluted loss per share was $(2.02), versus $0.37 of diluted earnings a year ago, but $2.40 of that swing is the goodwill impairment charge. Strip out impairment, intangible amortization, stock compensation, acquisition and restructuring items and you get non-GAAP earnings of $0.86 per share, ahead of the $0.8171 consensus. Non-GAAP net income was $200.3 million.

Revenue

$0.97B

No consensus · YoY +11.0%

Revenue of $972.0 million rose 11.0% from $875.7 million a year earlier, and management says 10.0% of that was organic. Subscription and services supplied $640.6 million against $331.4 million of product sales, with AECO at $388.5 million, Field Systems at $442.5 million and Transportation and Logistics at $141.0 million. It also beat the $950.5 million midpoint of the guidance given three months earlier.

Next-quarter revenue guidance

$0.97B ±1.3%

No consensus · YoY −0.7%

For the third quarter Trimble guides to revenue of $953 million to $978 million, GAAP earnings per share of $0.39 to $0.44 and non-GAAP earnings per share of $0.83 to $0.88. For the full year it now expects revenue of $3,900 million to $3,950 million and non-GAAP earnings per share of $3.60 to $3.70, against a GAAP loss per share of $0.07 to $0.12. The release headline states the company is raising full-year revenue and earnings guidance.

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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17

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