Trimble: 2026 sales could top $3.9B

WESTMINSTER — Trimble Inc. (Nasdaq: TRMB), a Westminster-based industrial-technology company, raised its fiscal 2026 revenue guidance this week on the heels of a stronger-than-expected first quarter.  

Sales were $939.9 million in the first quarter of 2026, up 12% from the same period a year ago. 

The company posted net income of $98.9 million in the most-recent quarter, up from $66.7 million in the first period of 2025. 

“We began the year with strong momentum, delivering record annualized recurring revenue of $2.435 billion in the first quarter, and surpassing expectations on both top and bottom lines,” Trimble CEO Rob Painter said in a prepared statement.

For the full-year 2026, Trimble expects to report revenue between about $3.83 billion and $3.91 billion.

Just after 9:40 a.m. Wednesday, Trimble’s stock price was $65.12, down 4.75% in early trading.

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