Revenue: As of FY2026 Q1, the actual value is USD 840.6 M, missing the estimate of USD 854.01 M.EPS: As of FY2026 Q1, the actual value is USD 0.27, missing the estimate of USD 0.35.EBIT: As of FY2026 Q1, the actual value is USD 97.5 M.<h3>Segment Revenue</h3><ul><li>AECO: $335.4 million in Q1 2025, compared to $339.1 million in Q1 2024.</li><li>Field Systems: $359.2 million in Q1 2025, compared to $419.2 million in Q1 2024.</li><li>T&amp;L: $146.0 million in Q1 2025, compared to $195.0 million in Q1 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: GAAP net income was $66.7 million in Q1 2025, compared to $57.2 million in Q1 2024.</li><li>Gross Margin: GAAP gross margin was $560.8 million (66.7% of revenue) in Q1 2025, compared to $593.6 million (62.3% of revenue) in Q1 2024.</li><li>Operating Income: GAAP operating income was $97.5 million (11.6% of revenue) in Q1 2025, compared to $109.2 million (11.5% of revenue) in Q1 2024.</li><li>Operating Margin: Non-GAAP operating margin was 23.6% in Q1 2025, compared to 24.6% in Q1 2024.</li><li>Operating Costs: Total operating expenses were $463.3 million in Q1 2025, compared to $484.4 million in Q1 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash provided by operating activities was $155.6 million in Q1 2025, compared to $233.8 million in Q1 2024.</li><li>Free Cash Flow: Free cash flow was $149.0 million in Q1 2025, compared to $227.0 million in Q1 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Annualized Recurring Revenue (ARR): $2.18 billion in Q1 2025, up 7% year-over-year and up 15% on an organic basis.</li></ul><h3>Outlook / Guidance</h3>Trimble expects full-year 2025 revenue between $3,370 million and $3,470 million, with GAAP EPS of $1.43 to $1.64 and non-GAAP EPS of $2.76 to $2.98. For Q2 2025, revenue is expected between $815 million and $845 million, with GAAP EPS of $0.26 to $0.32 and non-GAAP EPS of $0.59 to $0.65. The guidance reflects the closing of the mobility divestiture on February 8, 2025.

Trimble | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 840.6 M