$TRMB (TRIMBLE) — 8-K: Record ARR of $2.51 billion drives Trimble to raise full-year 2026 guidance

Revenue reached $972.0 million, up 11% year-over-year, with annualized recurring revenue hitting a record $2.51 billion, up 14%. Non-GAAP diluted earnings per share was $0.86, while GAAP net loss was $(471.7) million due to a $562.0 million goodwill impairment. Trimble raised its full-year 2026 revenue guidance to between $3,900 million and $3,950 million and non-GAAP EPS to $3.60 to $3.70. The Board also authorized a new $1.0 billion share repurchase program.

Revenue reached $972.0 million, up 11% year-over-year, with annualized recurring revenue hitting a record $2.51 billion, up 14%. Non-GAAP diluted earnings per share was $0.86, while GAAP net loss was $(471.7) million due to a $562.0 million goodwill impairment. Trimble raised its full-year 2026 revenue guidance to between $3,900 million and $3,950 million and non-GAAP EPS to $3.60 to $3.70. The Board also authorized a new $1.0 billion share repurchase program.