Trimble Navigation (TRMB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

财务状况 2025财年，公司经营活动产生的现金流量净额为3.862亿美元，自由现金流为3.609亿美元，体现了稳健 的现金生成能力。截至2025年12月31日，公司资产负债率为37.33%，产权比率为0.63，流动比率为 1.09，整体财务结构稳健，偿债能力良好。 公司状况 经济观察网根据天宝导航公司(Trimble，纳斯达克代码：TRMB)于2026年2月10日发布的2025财年第四 季度及全年财报(数据截至2025年12月31日)，其财务表现有以下主要亮点： 业绩经营情况 2025财年全年，公司实现营业收入35.873亿美元，净利润为4.24亿美元，净利率达到11.82%。第四季度 单季的净利润为1.566亿美元，净利率为16.15%，较2024年同期大幅增长。全年毛利率为66.10%，显示 出较强的产品定价能力。 公司2025财年的资产回报率(ROA)为4.51%，净资产收益率(ROE)为7.32%。资产周转率为0.38次，运营 效率保持稳定。根据财报数据，公司全年基本每股收益为1.77美元，稀释后每股收益为1.76美元。 以上内容基于公开资料整理，不构成投资建议。 ...

Core Insights - Trimble Inc. reported fourth-quarter results that exceeded expectations, particularly in its transportation and logistics segment, which is poised for accelerated revenue and margin expansion in 2026 [1] Financial Performance - Trimble posted fourth-quarter revenue of $969.8 million, a decrease of 1% year over year, but surpassing Wall Street's expectations of $950 million [2] - For the full year 2025, Trimble achieved revenue of $3.59 billion and recorded annualized recurring revenue of $2.39 billion, reflecting a 14% organic growth [2] Transportation and Logistics Segment - The transportation and logistics segment generated $136 million in revenue for the fourth quarter, representing a 4% organic growth, and $527 million for the full year 2025, which is a 5% organic growth year over year [3] - Annualized recurring revenue for the T&L segment reached $508 million, up 7% organically, indicating continued expansion in various solutions [4] - More than 90% of the segment's revenue is now recurring, highlighting the shift towards subscription-based platforms [7] Operational Highlights - Trimble's T&L unit maintained an operating income margin of 22.9% for both the fourth quarter and the full year, although margins faced pressure due to stranded costs from the divestiture of its mobility business [6] - The organic growth in 2025 was primarily driven by Maps, Transporeon, and forestry-related offerings, with significant customer additions among large shippers, carriers, and logistics service providers in North America and Europe [7]

分组1 - Trimble Navigation reported quarterly earnings of $1 per share, exceeding the Zacks Consensus Estimate of $0.96 per share, and showing an increase from $0.89 per share a year ago, resulting in an earnings surprise of +3.98% [1] - The company achieved revenues of $969.8 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.00%, although this represents a decline from year-ago revenues of $983.4 million [2] - Trimble has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance in earnings [2] 分组2 - The stock has underperformed the market, losing about 14.6% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.72 on revenues of $889.41 million, and for the current fiscal year, it is $3.44 on revenues of $3.82 billion [7] 分组3 - The Manufacturing - General Industrial industry, to which Trimble belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Trimble currently holds a Zacks Rank 2 (Buy), indicating expectations for the stock to outperform the market in the near future [6]

Financial Data and Key Metrics Changes - The company reported $970 million in revenue for Q4 2025, a 9% increase year-over-year, and $3.57 billion for the full year, up 10% [3][21] - Annual Recurring Revenue (ARR) grew 14% to $2.39 billion, with a notable 16% increase in the AECO segment and a 20% increase in Field Systems [3][21] - Earnings per share (EPS) for Q4 was $1, up 12%, and $3.13 for the year, up 10% [3][21] - Gross margins expanded to 74.6% in Q4 and 71.7% for the full year, with EBITDA margins at 33.5% and 29.3% respectively [22][23] Business Line Data and Key Metrics Changes - AECO segment delivered $454 million in revenue, up 15%, and ARR at $1.48 billion, up 16% [6][24] - Field Systems revenue was $379 million, up 4%, and ARR at $409 million, up 20% [11][24] - Transportation and logistics segment saw revenue growth of 4% and ARR growth of 7% [15][24] Market Data and Key Metrics Changes - The company noted a strong performance in the machine control guidance as a service and growth in the automotive market and geospatial [31] - The transportation market remains challenged, but the company expects continued growth in construction, particularly in data centers and infrastructure [42] Company Strategy and Development Direction - The company is focused on a "connect and scale" strategy, integrating hardware and software to enhance customer outcomes [4][27] - There is an emphasis on AI as a force multiplier to accelerate value delivery across the business [4][27] - The company plans to continue expanding its recurring revenue model, which now represents 65% of total revenue [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's trajectory towards achieving $3 billion in ARR and $4 billion in revenue by 2027 [22][27] - The macroeconomic environment is expected to remain consistent, with some challenges in the freight market and muted federal government business [41][42] - Management anticipates a deceleration in ARR growth to the low- to mid-teens in 2026 due to tough comparisons from previous growth [31] Other Important Information - The company repurchased approximately $148 million worth of shares in Q4, reflecting confidence in long-term value [19] - The company retains $925 million under its current share repurchase authorization [19] Q&A Session Summary Question: Field Systems ARR growth - Management noted strong performance in machine control guidance as a service and software conversions driving growth [31] Question: Adoption of Agentic AI in construction - Management believes Trimble platforms are well-positioned for Agentic workflows, leveraging existing customer relationships and data [33][35] Question: Guidance for 2026 - Management expects a consistent macro environment and plans to leave room for reinvestment in the business [41][42] Question: New customer acquisition in AECO - New customers are coming from geographic expansion and bundled offerings, with a strong focus on integrated solutions [44][45] Question: AI rollout focus areas - AI capabilities will be broadly applied across AECO and transportation logistics, enhancing customer outcomes [74] Question: Technology infrastructure readiness for AI - The company has been investing in technology infrastructure and is prepared for AI feature rollouts [78]

Trimble (NasdaqGS:TRMB) Q4 2025 Earnings call February 10, 2026 08:00 AM ET Company ParticipantsGuy Hardwick - BarclaysJonathan Ho - PartnerJosh Tilton - SVP of Equity ResearchKristen Owen - Managing DirectorPhil Sawarynski - CFORob Painter - President and CEOTami Zakaria - Head of Machinery, Engineering, Construction Equity ResearchConference Call ParticipantsJason Celino - Managing Director and Software Equity Research AnalystNay Soe Naing - Equity Research AnalystRob Mason - Senior Research AnalystOperat ...

Financial Data and Key Metrics Changes - The company reported $970 million in revenue for Q4 2025, a 9% increase year-over-year, and $3.57 billion for the full year, up 10% [3][19] - Annual recurring revenue (ARR) grew 14% to $2.39 billion, with a 16% increase in the AECO segment and a 20% increase in field systems [3][19] - Earnings per share (EPS) for Q4 was $1, up 12%, and $3.13 for the year, up 10% [3][19] - Gross margins expanded to 74.6% in Q4 and 71.7% for the full year, with EBITDA margins at 33.5% and 29.3% respectively [19][20] Business Line Data and Key Metrics Changes - AECO segment delivered $454 million in revenue, up 15%, and ARR of $1.48 billion, up 16% [5][21] - Field systems revenue was $379 million, up 4%, with ARR at $409 million, up 20% [10][22] - Transportation and logistics segment saw revenue growth of 4% to $136 million and ARR growth of 7% to $508 million [14][22] Market Data and Key Metrics Changes - The company noted a strong performance in the civil construction market, contributing to the growth in field systems [10][22] - The transportation market remains challenged, but the company continues to grow despite these conditions [14][22] Company Strategy and Development Direction - The company is focused on a "connect and scale" strategy, integrating hardware and software to enhance customer outcomes [4][5] - There is a strong emphasis on AI as a force multiplier to accelerate value delivery across the business [4][8] - The company aims to expand its recurring revenue base, which has increased from 40% to 65% of total revenue [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's trajectory towards achieving $3 billion in ARR and $4 billion in revenue by 2027 [19][24] - The macroeconomic environment is expected to remain consistent, with some challenges in the freight market and muted federal government business [31] - Management anticipates continued strong growth in the AECO and field systems segments, with a focus on capitalizing on cross-selling opportunities [9][31] Other Important Information - The company repurchased approximately $148 million worth of shares in Q4, reflecting confidence in long-term value [17] - The company is focused on tuck-in acquisitions to strengthen its core market positions, particularly in construction software [18] Q&A Session Summary Question: Can you speak to the strengths in field systems ARR growth? - Management noted strong performance in machine control guidance as a service and software conversions driving growth [26] Question: How will the construction industry ramp up adoption of Agentic AI? - Management believes Trimble platforms are well-positioned for Agentic workflows, leveraging existing customer relationships and data [28] Question: What are the assumptions for the macro environment in 2026 guidance? - Management expects a consistent macro environment with muted federal business and challenges in the freight market [31] Question: Where are new customers coming from in AECO? - New customers are coming from geographic expansion and product penetration, with a strong focus on integrated solutions [33] Question: How does the company view the adoption of AI in its customer base? - Management sees AI as a force multiplier and anticipates strong adoption as they roll out new capabilities [45] Question: What is the technology infrastructure readiness for AI features? - The company has been investing in technology infrastructure and is well-prepared for AI capabilities [50]

Core Insights - Trimble forecasts annual revenue and earnings above Wall Street estimates, driven by increased demand from its strategy of bundling navigation products with software solutions for various industries [1] Group 1: Financial Performance - The company anticipates higher annual revenue and earnings, indicating strong market performance and effective strategic initiatives [1] Group 2: Strategic Initiatives - Trimble's strategy involves bundling navigation products with software solutions, which is expected to enhance demand across different sectors [1]

© 2026 Trimble, Inc - All Rights Reserved Forward-Looking Statements Trimble Inc. Fourth Quarter and Full Year 2025 Earnings Summary Certain statements made in this presentation and any subsequent Q&A period are forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These statements include expectations about our future financial and operational resu ...