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Trimble Inc. TRMB

Trimble Inc. scores weak on business quality (4.3 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$60.09Oct 10, 2026
Business qualityWeak
Next earningsNov 4, 2026
Insiders, 90 daysQuiet

Why it matters

  1. What Trimble Inc. does

    Trimble sells hardware, software, and services that integrate positioning technologies like GPS with spatial data, charging construction, agriculture, and transport enterprises for operational precision. Leadership is shifting the business mix further into recurring software streams to smooth out hardware cyclicality.

  2. What it does best

    Trimble anchors field workflows with proprietary positioning hardware paired with vertical software, delivering a gross margin of 70% that outpaces peer TYL at 47%. This hardware-software pairing builds high switching costs across job sites.

  3. The main risk

    Revenue contraction of 2.6% points to stalling demand across core markets, exposing the volume-dependent hardware segments to prolonged cyclical pauses.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityWeak

Operating margin of 17.7% and negative net margin of 2.8% reflect drag from recent GAAP losses, though a high free cash flow conversion provides underlying support.

MoatFair

Proprietary positioning tech locks in enterprise field operators, supported by an operating margin sitting in the middle of the pack at 56% sector rank.

GrowthSlow

Revenue growth sits in the bottom quartile at -2.6%, lagging behind historical levels as top-line momentum continues to fade across core segments.

Financial healthFair

Debt-to-equity of 0.2x and interest coverage of 8x keep obligations manageable, while free cash flow reached $773M on $253M of cash, keeping the balance sheet steady.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

No open market buys or unplanned sales by executives or directors.

Our sealed record on TRMB

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is TRMB a good business?

Trimble Inc. scores weak on the Cluenex quality check (4.3 of 10), measured against its own industry. Profitability is weak, moat fair, growth slow and financial health fair.

Are insiders buying TRMB?

In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.

When does TRMB report earnings?

Nov 4, 2026.

For members

See TRMB today

  • Today's verdict on TRMB, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Trimble Inc. (TRMB)”, https://cluenex.com/stocks/trmb/, data as of Oct 10, 2026.