Trimble Inc. (TRMB) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

And thank you for joining us. And welcome to the Trimble First Quarter 2026 Financial Results Conference Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. I would now like to hand the conference over to Rob Painter, President and CEO. Please go ahead. 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 79 cents. We are raising our guidance for the year. Financial performance is the scoreboard. It's the output. The game on the field, or the input, is delivering unique value to customers. On slide four, I want to highlight how we are partnering with our customer, George Leslie, a Scottish-based civil engineering contractor that has embraced the Trimble ecosystem to connect the physical and digital worlds. With our platform, Trimble Connect acts as the orchestration layer of complex workflows that include marine and pier w...