Earnings Call
May 6, 2026
Q1 FY2026
EPS Estimate
0.96
EPS Actual
1.00
Post-Earnings Close
$63.42
Earnings Reaction
-7.2%
Trimble opened 2026 with its strongest quarterly print in recent memory, beating on every major metric and raising full-year guidance, a combination that reflects genuine operational momentum rather than a one-quarter anomaly. Revenue came in at $940 million, up 12% organically, against a guidance midpoint that implied something closer to $905 million. EPS of $0.79 cleared the top of the guided range by $0.07. ARR reached a record $2.435 billion, growing 13%, and EBITDA margins expanded 150 basis points year-over-year to 27.4%. The beat was broad-based: AECO and Field Systems both grew revenue and ARR at 14% and 12% respectively, while Transportation and Logistics, operating in a still-constrained freight market, delivered 7% revenue growth and a 300 basis point operating margin expansion as the team lapped stranded costs from the 2025 mobility divestiture.
Report generated on May 7, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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