Trimble Q3 Revenue Rises 7% to $966.8 Million as ARR Hits Record $2.56 Billion

Published November 4, 2026 at 9:22 AM EST

Trimble topped its own third-quarter expectations and posted record annualized recurring revenue of $2.56 billion, according to its 8-K released Wednesday, as the construction and geospatial technology company updated its full-year guidance.

Revenue rose 7% to $966.8 million, also up 7% on an organic basis. Annualized recurring revenue grew 11%, or 10% organically.

Profit picture

GAAP operating income was $142.0 million, or 14.7% of revenue, while non-GAAP operating income reached $262.6 million, or 27.2% of revenue. GAAP net income was $59.1 million, or $0.25 per diluted share, and non-GAAP EPS was $0.86. Adjusted EBITDA came to $278.5 million, a 28.8% margin.

"Our third quarter results surpassed expectations on both revenue and earnings per share," said President and CEO Rob Painter, crediting the company's Connect & Scale strategy.

Buybacks continue

Trimble repurchased an estimated 4.0 million shares during the quarter for $231.7 million, the company said.

Guidance

For the full year, Trimble expects revenue of $3.910 billion to $3.940 billion and non-GAAP EPS of $3.63 to $3.69. On a GAAP basis, it expects a loss of $0.49 to $0.55 per share for the year, with guidance assuming an unusually wide GAAP tax rate range of 372.6% to 618.3%, compared with a 17.2% non-GAAP rate.

For the fourth quarter, Trimble guided revenue to $1.031 billion to $1.061 billion, GAAP EPS to $0.83 to $0.89 and non-GAAP EPS to $1.13 to $1.19.

The gap between GAAP and non-GAAP results reflects items Trimble excludes from its adjusted figures, which it reconciles in a schedule attached to the release.

By the numbers

Q3 revenue: $966.8 million, up 7%
Annualized recurring revenue: $2.56 billion, up 11%
Non-GAAP EPS: $0.86; GAAP EPS: $0.25
Adjusted EBITDA margin: 28.8%
2026 non-GAAP EPS guidance: $3.63 to $3.69

Sources

Trimble Form 8-K with third-quarter 2026 earnings release, filed Nov. 4, 2026 (accession 0000864749-26-000119)

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