Slide 1: Second Quarter 2026 Earnings Summary
Trimble Inc. Second Quarter 2026 Earnings Summary © 2026 Trimble, Inc - All Rights Reserved
Slide 2: Forward-Looking Statements
Forward-Looking Statements 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
Slide 3: Today's Agenda
Today’s Agenda 01 Q2’26 Highlights 02 Q2’26 Financial Results 03 FY’26 + Q3’26 Financial Outlook Rob Painter Phil Sawarynski President and Chief Chief Financial Executive Officer Officer 3
Slide 4: Q2'26 Highlights
Q2’26 Highlights © 2026 Trimble, Inc - All Rights Reserved
Slide 5: Key Messages
Key Messages Strong Q2 results driven by organic execution - delivering a top Performance and bottom line beat, raising full-year guidance, and reinforcing our capital allocation strategy with a new share repurchase authorization Accelerating momentum of our Connect & Scale strategy as Momentum conn
Slide 6: Financial Highlights
Financial Highlights Second Quarter of 2026 Revenue ARR $972M $2,509M +10% organic Y|Y +12% organic Y|Y Above high-end of guidance Within guidance range Adjusted EBITDA % Non-GAAP EPS 28.6% $0.86 +120 bps Y|Y +21% growth Y|Y Above high-end of guidance Above high-end of guidance 6
Slide 7: Delivering as an Engineering & Construction Tech Leader
Delivering as an Engineering & Construction Tech Leader Trimble is the AI-native intelligence and execution layer for the physical world Focusing Our Connect & Scale Strategy Right to Win Physical Digital ● Trimble sits at the center of Engineering & Construction workflows Position Plan ● The busines
Slide 8: Trimble value delivery for data centers
Trimble value delivery for data centers 65% Reduction in as-built 5% CO2 saved from rework verification time avoidance 1 Site prep and civil SketchUp, Trimble Business Center, 30% Trimble Connect, R780 GNSS, Trimble Earthworks, Trimble Siteworks, SiteVision Rework avoidance on 2 Structural shell 1 co
Slide 9: Scaffold Studio is Transforming Workflows with Trimble Technology
Scaffold Studio is Transforming Workflows with Trimble Technology The Solution: A Fully Integrated Trimble Ecosystem To meet the demands of complex projects and overcome on-site challenges, Scaffold Studio has adopted these Trimble technologies: Trimble X-Series 3D Laser Scanner Delivers highly accurat
Slide 10: From hours to minutes using the Trimble ecosystem
From hours to minutes using the Trimble ecosystem Protecting Patients & Mitigating Risk Preventing hospital contamination & eliminating costly system rejections 1 3D Design & AI Specification Parsing 2 Automated Fabrication Shop Manufacturing 3 In-Field Augmented Reality Verification 4 Clean Hospital
Slide 11: From hours to minutes using the Trimble ecosystem
From hours to minutes using the Trimble ecosystem 1 Capture Field Data on Tablets 2 Bi-Directional ↔ Field to Office Sync 3 ERP AI Accounts Payable & 3-Way Match 4 Fast Payment & Project Control Mobile Civil Operations Civil Ops ↔ Financial Mgmt. Sync Machine Learning Optical ERP & Project Management
Slide 12: Q2'26 Financial Results
Q2’26 Financial Results © 2026 Trimble, Inc - All Rights Reserved
Slide 13: Q2'26 Summary
Q2'26 Summary SECOND QUARTER(1) Highlights / Drivers ($M) Q2’26 Q2’25 YoY ● Strong continued recurring revenue growth at scale, Revenue $972 $876 +10% organic continued outperformance ARR $2,509 $2,210 +12% organic in Field Systems Non-GAAP Gross Margin 71.8% 70.6% +120 bps ● Gross margin and operat
Slide 14: Balance Sheet and Cash Flow
Balance Sheet and Cash Flow Year-To-Date Cash Flow Balance Sheet ($M) 2026 2025 ($M) Q2’26 Actual Operating Cash Flow $515 $102 Cash and Equivalents $214 Capital Expenditures $(13) $(12) Total Debt $1,459 Net Debt $1,245 Free Cash Flow(1) $502 $90 TTM As-Adjusted EBITDA(2) $1,130 Strong 1H’26 cash fl
Slide 15: Q2'26 Performance Summary
Q2’26 Performance Summary AECO Field Systems T&L ($M) Q2’26 YoY Q2’26 YoY Q2’26 YoY ARR $1,577 +14% $399 +12% $533 +7% Organic Organic Organic Revenue $389 +9% $442 +12% $141 +5% Organic Organic Organic Operating Income Margin 30.6% +20 bps 32.9% +210 bps 24.0% +240 bps Operating Income $119 +12% $1
Slide 16: FY'26 and Q3'26 Outlook
FY’26 and Q3’26 Outlook © 2026 Trimble, Inc - All Rights Reserved
Slide 17: Full Year 2026 Outlook
Full Year 2026 Outlook FY'26 Outlook Notes FY’26 ● Increasing FY’26 guidance: Organic revenue ≈9% (previously +8%); EPS Organic ARR Growth +12% to +14% up $0.10 at midpoint (mid- to high- teens EPS growth) Revenue $3.90 to $3.95B ● Organic ARR growth range toward Total Growth(1) +9% to +11% the low
Slide 18: Full Year 2026 Segment Details
Full Year 2026 Segment Details FY'26 Segment Details and Outlook(1) AECO FIELD SYSTEMS T&L ≈$1.7B ≈$1.66B ≈$565M Revenue (FY’25=$1.5B) (FY’25=$1.54B) (FY’25=$527M)(1) Organic revenue growth Y/Y % +Low-mid-teens % +MSD-HSD % +MSD % Organic ARR growth Y/Y % +Mid-teens % +HSD-LDD % +HSD % Operating inc
Slide 19: Q3'26 Outlook
Q3'26 Outlook Q3’26 Outlook Notes Q3’26 ● Net interest expense ≈$20M ● Avg. share count of 234M Organic ARR Growth +11% to +13% ● Tax rate of 17.3% Revenue $953M to $978M Total Growth +6% to +8% Organic Growth +6% to +8% Non-GAAP Operating Margin 26.7% to 27.3% Adj. EBITDA Margin 28.3% to 28.9% Non-
Slide 20: Appendix & Reconciliations
Appendix & Reconciliations © 2026 Trimble, Inc - All Rights Reserved
Slide 21: Historical segment financials (as-reported)
Historical segment financials (as-reported) Revenue ($MMs) Q1-24 Q2-24 Q3-24 Q4-24 FY-24 Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Q1-26 Q2-26 AECO $339 $300 $306 $414 $1,359 $335 $350 $358 $454 $1,499 $391 $389 Field Systems 419 379 375 363 1,536 359 393 409 379 1,539 409 442 Transportation & Logistics 195 192
Slide 22: Historical revenue growth metrics (as-reported)
Historical revenue growth metrics (as-reported) AECO Q1-24 Q2-24 Q3-24 Q4-24 FY-24 Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Q1-26 Q2-26 Organic 18% 14% 13% 43% 22% 0% 16% 17% 8% 10% 14% 9% Acquisitions 0% 0% 1% 0% 0% 0% 0% 0% 0% 0% 0% 1% Divestitures -1% -1% -1% -1% -1% 0% 0% 0% 0% 0% 0% 0% Foreign Currency +1
Slide 23: Historical ARR growth metrics (as-reported)
Historical ARR growth metrics (as-reported) ARR ($MMs) Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 AECO $924 $985 $1,022 $1,067 $1,094 $1,164 $1,210 $1,269 $1,294 $1,360 $1,423 $1,475 $1,510 $1,577 Field Systems 273 283 290 289 304 308 328 341 358 358 386 409
Slide 24: Historical segment financials (as-adjusted)
Historical segment financials (as-adjusted) Agriculture ($MMs) Q1-24 Q2-24 Q3-24 Q4-24 FY-24 Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Q1-26 Q2-26 Revenue $85 NA NA NA $85 NA NA NA NA $0 NA NA Operating Income 8 NA NA NA 8 NA NA NA NA 0 NA NA Operating Margin 9.8% NA NA NA 9.8% NA NA NA NA 0.0% NA NA Mobility ($
Slide 25: Historical segment financials (as-adjusted)
Historical segment financials (as-adjusted) Revenue (as-adjusted) ($MMs) Q1-24 Q2-24 Q3-24 Q4-24 FY-24 Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Q1-26 Q2-26 AECO $339 $300 $306 $338 $1,283 $335 $350 $358 $454 $1,499 $391 $389 Field Systems 334 379 375 359 1,447 359 393 409 379 1,539 409 442 Transportation & Logi
Slide 26: Historical revenue growth metrics (as-adjusted)
Historical revenue growth metrics (as-adjusted) AECO (as-adjusted) Q1-24 Q2-24 Q3-24 Q4-24 FY-24 Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Q1-26 Q2-26 Organic 18% 14% 13% 17% 16% 0% 16% 17% 32% 16% 14% 9% Acquisitions 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 1% Divestitures -1% -1% -1% -1% -1% 0% 0% 0% 0% 0% 0% 0% Fore
Slide 27: Historical ARR growth metrics (as-adjusted)
Historical ARR growth metrics (as-adjusted) ARR ($MMs) Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 AECO $924 $985 $1,022 $1,067 $1,094 $1,164 $1,210 $1,269 $1,294 $1,360 $1,423 $1,475 $1,510 $1,577 Field Systems 255 266 274 281 288 308 328 341 358 358 386 409
Slide 28: As-adjusted reconciliation
As-adjusted reconciliation $ in MMs Q1-24 Q2-24 Q3-24 Q4-24 FY-24 Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Q1-26 Q2-26 Revenue, As-Reported $953 $871 $876 $983 $3,683 $841 $876 $901 $970 $3,587 $940 $972 Less: Agriculture (85) NA NA NA (85) NA NA NA NA 0 NA NA Less: Mobility (79) (74) (73) (72) (298) (23) NA N