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Trimble reaches record recurring revenue as third-quarter earnings beat expectations

11:04pm on Wednesday 4th of November, 2026 AEDT • Technology
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Trimble reaches record recurring revenue as third-quarter earnings beat expectations

11:04pm on Wednesday 4th of November, 2026 AEDT
Key Points
  • Record US$2.56 billion annualized recurring revenue, up 11% year over year
  • Third-quarter revenue rose 7% to US$966.8 million
  • Non-GAAP diluted EPS was US$0.86, compared with US$0.25 on a GAAP basis
  • US$562 million goodwill impairment recorded against the T&L segment in the first nine months
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