Trimble Reports Q3 2026 Results with Revenue Growth and Increased EPS Guidance
Trimble Inc. (TRMB) reported third-quarter revenue of $966.8 million, a 7% increase year-over-year, driven by strong performance in its AECO segment. Non-GAAP earnings per share reached $0.86, surpassing previous guidance and rising from $0.81 in the prior year. The company's Annualized Recurring Revenue (ARR) grew to $2.56 billion, supported by a 13% increase in the AECO segment which now accounts for roughly 65% of total ARR. Despite these gains, Trimble faced several headwinds, including slowed growth in agricultural positioning services in South America and a tepid European market affecting transportation and field systems. The company also recorded a $562 million goodwill impairment in its Transportation segment due to declining software market multiples. Looking ahead, management raised full-year non-GAAP EPS guidance but slightly lowered ARR growth expectations from 12-14% down to approximately 10%.
Tickers: $TB5
Topics: ARR EPS beat guidance update operating margin revenue growth
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