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Trimble Inc. (TRMB) Q1 2026 Earnings Call Transcript
2026-05-07 · via All Articles on Seeking Alpha

Trimble Inc. (TRMB) Q1 2026 Earnings Call May 6, 2026 8:00 AM EDT

Company Participants

Robert Painter - CEO, President & Director
Phillip Sawarynski - Executive VP & CFO

Conference Call Participants

Kristen Owen - Oppenheimer & Co. Inc., Research Division
Robert Wertheimer - Melius Research LLC
Jason Celino - KeyBanc Capital Markets Inc., Research Division
Nay Soe Naing - Joh. Berenberg, Gossler & Co. KG, Research Division
Jerry Revich - Wells Fargo Securities, LLC, Research Division
Tami Zakaria - JPMorgan Chase & Co, Research Division
Joshua Tilton - Wolfe Research, LLC
Charles Albert Dillard - Bernstein Institutional Services LLC, Research Division
Clarke Jeffries - Piper Sandler & Co., Research Division
Jonathan Ho - William Blair & Company L.L.C., Research Division
Guy Drummond Hardwick - Barclays Bank PLC, Research Division

Presentation

Operator

Hello, everyone, and thank you for joining us, and welcome to the Trimble First Quarter 2026 Financial Results Conference Call. [Operator Instructions] I would now like to hand the conference over to Rob Painter, President and CEO. Please go ahead.

Robert Painter
CEO, President & Director

Welcome, everyone. Before I get started, our presentation and safe harbor statements are available on our website. Our financial review will focus on year-over-year non-GAAP performance metrics on an organic basis. In addition, we will focus on adjusted numbers that we believe more accurately portray the underlying performance of our business. This means we will exclude the impact from the mobility business, which we divested during the first quarter of 2025.

As reported numbers, along with the reconciliation are provided in the appendix of our slide presentation. The Trimble team furthered the momentum of the last couple of years and delivered a great start to the year with top and bottom line results ahead of expectations. Revenue at $940 million, up 12%; ARR at $2.435 billion, up 13% and earnings per share above the high end of our range at $0.79. We