Trimble Q2 FY26 GAAP net loss widens to $471.7 million; revenue rises 11% to $972 million

Reuters2026/08/12 10:56

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Trimble posted Q2 2026 revenue of USD 972 million, up 11% year over year.
GAAP results swung to a net loss of USD 471.7 million, driven largely by a USD 562 million goodwill impairment in TL.
Non-GAAP net income rose to USD 200.3 million, while annualized recurring revenue climbed to USD 2.51 billion, up 14%.
Board authorized a new USD 1 billion share repurchase program, replacing the prior USD 1 billion authorization.
Full-year guidance lifted to revenue of USD 3.9 billion-USD 3.95 billion; Q3 outlook calls for revenue of USD 953 million-USD 978 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trimble Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608120655PR_NEWS_USPR_____SF24594) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Trimble Q2 FY26 GAAP net loss widens to $471.7 million; revenue rises 11% to $972 million

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