Recent Updates — TRMB

On October 2, 2026, Trimble Inc. entered into a Term Loan Credit Agreement providing for an unsecured delayed draw term loan facility with an aggregate principal amount of $500.0 million. As of the filing date, no amounts have been borrowed under this facility. The company may borrow in up to four draws on or prior to January 29, 2027, after which undrawn commitments will terminate. Borrowings mature two years after the initial borrowing date and bear interest at SOFR plus a margin of 0.875% to 1.750%, or an alternate base rate plus a margin of 0.00% to 0.750%. Proceeds are designated for general corporate purposes, subject to customary covenants including a maximum leverage ratio restriction. Trimble Inc. operates in the technology industry, providing positioning, modeling, and data analytics solutions for various industries.

Trimble Inc. reported second quarter 2026 financial results for the period ended July 3, 2026, alongside a new share repurchase authorization. Revenue increased 11% year-over-year to $972.0 million, while annualized recurring revenue reached a record $2.51 billion. GAAP net loss was $(471.7) million due largely to a $562.0 million goodwill impairment in the Transportation and Logistics segment; non-GAAP net income was $200.3 million with diluted earnings per share of $0.86. The Board authorized up to $1.0 billion for future stock repurchases, replacing a prior authorization with $608.2 million remaining. Trimble raised full-year 2026 guidance, expecting revenue between $3,900 million and $3,950 million and non-GAAP EPS of $3.60 to $3.70. Trimble Inc. is a global technology company that provides precise positioning, modeling, and data analytics solutions for the construction, geospatial, and transportation industries.