--- title: "Trimble | 8-K: FY2027 Q2 Revenue Misses Estimate at USD 972 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295654115.md" datetime: "2026-08-12T11:04:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295654115.md) - [en](https://longbridge.com/en/news/295654115.md) - [zh-HK](https://longbridge.com/zh-HK/news/295654115.md) generator: "portal-rs" --- # Trimble | 8-K: FY2027 Q2 Revenue Misses Estimate at USD 972 M Revenue: As of FY2027 Q2, the actual value is USD 972 M, missing the estimate of USD 1.029 B. EPS: As of FY2027 Q2, the actual value is USD -2.02, missing the estimate of USD 0.57. EBIT: As of FY2027 Q2, the actual value is USD 152.9 M. #### Stock Repurchase Program On August 10, 2026, the Board of Directors of Trimble Inc. authorized a new stock repurchase program for up to $1.0 billion in shares, replacing a prior authorization that had $608.2 million remaining and is now cancelled. The new authorization has no expiration date and allows for repurchases through various means, including accelerated share repurchase programs, open market transactions, privately negotiated transactions, block purchases, or tender offers. #### Second Quarter 2026 Financial Highlights Trimble Inc. reported GAAP operating income of $132.0 million, representing 13.6% of revenue, and non-GAAP operating income of $260.6 million, or 26.8% of revenue. The company experienced a GAAP net loss of - $471.7 million, primarily due to a - $562.0 million goodwill impairment related to the Transportation and Logistics (T&L) segment, while non-GAAP net income was $200.3 million. Adjusted EBITDA for the quarter was $278.0 million, which accounted for 28.6% of revenue. #### Segment Revenue and Operating Income (Second Quarter 2026) - **AECO Segment**: Revenue was $388.5 million, with an operating income of $119.0 million, resulting in an operating income margin of 30.6%. This is an increase from $106.4 million in operating income (30.4% margin) in the second quarter of 2025. - **Field Systems Segment**: Revenue reached $442.5 million, generating an operating income of $145.8 million, with an operating income margin of 32.9%. This compares to $121.0 million in operating income (30.8% margin) in the second quarter of 2025. - **T&L Segment**: Revenue was $141.0 million, with an operating income of $33.9 million, achieving an operating income margin of 24.0%. This shows an increase from $28.6 million in operating income (21.6% margin) in the second quarter of 2025. #### First Two Quarters 2026 Financial Highlights For the first two quarters of 2026, GAAP gross margin was $1,321.2 million (69.1%), up from $1,158.7 million (67.5%) in the first two quarters of 2025. GAAP operating income increased to $276.0 million from $225.3 million in the prior year period. The GAAP net loss for the period was - $372.8 million, largely impacted by the goodwill impairment, compared to a net income of $155.9 million in the prior year. Net cash provided by operating activities significantly increased to $515.0 million from $102.1 million in the first two quarters of 2025, and free cash flow was $501.8 million, up from $89.6 million in the same period last year. #### Operational Metrics (Second Quarter 2026 vs 2025) GAAP Gross Margin was $674.9 million (69.4% of revenue) for Q2 2026, an increase from $597.9 million (68.3% of revenue) for Q2 2025. Total GAAP operating expenses were $542.9 million in Q2 2026, compared to $470.1 million in Q2 2025. This included Research and development expenses of $177.1 million (Q2 2026) vs. $163.3 million (Q2 2025), Sales and marketing expenses of $176.3 million (Q2 2026) vs. $158.4 million (Q2 2025), and General and administrative expenses of $149.7 million (Q2 2026) vs. $117.6 million (Q2 2025). #### Cash Flow (First Two Quarters 2026 vs 2025) Net cash provided by operating activities was $515.0 million for the first two quarters of 2026, a substantial increase from $102.1 million in the same period of 2025. Net cash used in investing activities was - $245.3 million, compared to - $27.2 million in 2025, primarily due to acquisitions of businesses. Net cash used in financing activities was - $302.4 million, down from - $582.6 million in 2025. Free cash flow was $501.8 million for the first two quarters of 2026, up from $89.6 million in the prior year period. #### Balance Sheet Highlights (As of Second Quarter 2026 vs Year-End 2025) Cash and cash equivalents were $214.4 million as of Q2 2026, a decrease from $253.4 million at year-end 2025. Total current assets were $1,344.9 million as of Q2 2026, down from $1,631.9 million at year-end 2025. Goodwill decreased to $4,826.6 million as of Q2 2026 from $5,239.7 million at year-end 2025, reflecting the impairment charge. Total assets were $8,540.8 million as of Q2 2026, compared to $9,312.0 million at year-end 2025, while total liabilities saw a slight decrease to $3,430.0 million from $3,475.8 million. Total stockholders’ equity was $5,110.8 million as of Q2 2026, down from $5,836.2 million at year-end 2025. #### Outlook / Guidance For the full-year 2026, Trimble Inc. anticipates revenue between $3,900 million and $3,950 million, with a GAAP loss per share ranging from - $0.07 to - $0.12, and non-GAAP earnings per share projected between $3.60 and $3.70. For the third quarter of 2026, the company expects revenue to be between $953 million and $978 million. GAAP earnings per share for Q3 2026 are forecasted to be between $0.39 and $0.44, while non-GAAP earnings per share are expected to be between $0.83 and $0.88. ### Related Stocks - [TRMB.US](https://longbridge.com/en/quote/TRMB.US.md) ## Related News & Research - [Trimble (TRMB) Stock Looks Undervalued On Cash Flow And Sales](https://longbridge.com/en/news/297694493.md) - [Does Trimble’s (TRMB) Eagle Point Partnership Quietly Reinforce Its Software Recurring Revenue Story?](https://longbridge.com/en/news/297403039.md) - [Trimble files Form 3 for Chief Legal Officer Rasmani Bhattacharya](https://longbridge.com/en/news/297365556.md) - [Callan Family Office LLC Takes $1.96 Million Position in Trimble Inc. $TRMB](https://longbridge.com/en/news/296753351.md) - [Trimble (TRMB) Fiscal Q2 2026 Earnings Call: Guidance Raised, T&L Review Announced](https://longbridge.com/en/news/295906062.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**