8-KItem 2.02 · Results of OperationsItem 8.01 · Other EventsItem 9.01 · Financial Statements
Trimble raises 2026 guidance and authorizes $1 billion share buyback
Filed with the SEC on · Summarized by InvestorsBot
Trimble reported second-quarter 2026 revenue of $972.0 million, up 11% year over year, and raised its full-year revenue guidance to $3.90 billion-$3.95 billion and non-GAAP EPS guidance to $3.60-$3.70. GAAP results included a $562.0 million goodwill impairment tied to its Transportation and Logistics segment, resulting in a $471.7 million net loss, while non-GAAP net income was $200.3 million; the board also approved a new $1.0 billion repurchase authorization on August 10 that replaced and canceled the prior authorization, which had $608.2 million remaining at quarter-end.