← 실적 발표
TRMB FY2025 Q4 개선

Trimble Inc. 실적 발표

Feb 10, 2026 · 08:00 ET PhilRob Painter earningscall_biz
Buzzberg 분석

AI monetization to include consumption-based credits for agents

Trimble delivered a strong Q4 and FY2025, beating on the top and bottom lines while growing ARR 14%. The company guided to another solid year in 2026 with revenue growth of ~7.5% and continued margin expansion. Management highlighted the continued success of its 'Connect and Scale' strategy, particularly in AECO and Field Systems, with large wins in freight for Transportation. FY2025 revenue grew 10% to $3.57B, with Q4 revenue up 9% to $970M; both exceeded guidance.

Buzzberg 분석 AI monetization to include consumption-based credits for agents Trimble delivered a strong Q4 and FY2025, beating on the top and bottom lines while growing ARR 14%. The company guided to another solid year in 2026 with revenue growth of ~7.5% and continued margin expansion. Management highlighted the continued success of its 'Connect and Scale' strategy, particularly in AECO and Field Systems, with large wins in freight for Transportation. FY2025 revenue grew 10% to $3.57B, with Q4 revenue up 9% to $970M; both exceeded guidance. 전체 분석 보기분석 접기

Trimble delivered a strong Q4 and FY2025, beating on the top and bottom lines while growing ARR 14%. The company guided to another solid year in 2026 with revenue growth of ~7.5% and continued margin expansion. Management highlighted the continued success of its 'Connect and Scale' strategy, particularly in AECO and Field Systems, with large wins in freight for Transportation. FY2025 revenue grew 10% to $3.57B, with Q4 revenue up 9% to $970M; both exceeded guidance.

  • ARR grew 14% to $2.39B, driven by strength in AECO (16%) and Field Systems (20%).
  • 2026 guidance calls for revenue of $3.86B (+7.5%), EPS of $3.52, and ARR growth of 13%.
  • AECO strength driven by project management (ARR +50%) and AI features like the submittals agent (saving Hensel Phelps millions).
매출$0.9698B+8% 전분기 대비
주당순이익(EPS)$1.00+23% 전분기 대비
매출총이익률71.98%보고값
영업이익률22.29%보고값
근거 있는 핵심 내용 6개

지금 중요한 점

이번 발표에서 가장 의미 있는 변화를 정리했습니다.

01
AI

AI monetization to include consumption-based credits for agents

02
AI

Agentic AI releases to accelerate in 2026

03
AI

AI features already generating millions in incremental ARR

핵심 내용 3개 더 보기
04
Demand

AECO net retention in core base ~110%

05
Demand

Field Systems ARR grew 20% on strong conversions

06
Guidance

2026 free cash flow expected to be ~1x net income

보고 기간

보고 실적

지표보고값변화
매출$0.9698B+8% 전분기 대비
주당순이익(EPS)$1.00+23% 전분기 대비
매출총이익률71.98%보고값
영업이익률22.29%보고값
잉여현금흐름$-0.073B보고값
자본지출$0.2333B보고값
향후 전망

향후 가이던스

지표기간범위중간값상태
주당순이익(EPS)FY2026$3.52$3.52제시
주당순이익(EPS)FY2026 Q1$0.71$0.71제시
매출FY2026$3.86B$3.86B제시
매출FY2026 Q1$0.905B$0.905B제시
AI, 자본지출 및 수요 분석

경영진 분석

톤

Confident

Management's tone is confident, emphasizing strong execution, momentum, and the compounding benefits of their strategy, while also providing concrete examples of AI-driven growth and reaffirming their long-term targets.

AI

경영진의 AI 분석

Management is positioning AI as a force multiplier across its platform, with agentic AI releases expected to accelerate in 2026. They highlight specific AI-driven products (e.g., submittals AI agent, MEP estimating, SketchUp AI) that are generating ARR and productivity gains, and they plan to monetize through a mix of subscription tiers and consumption-based credits.

아래에 언급된 기업 1개 모두 표시

기업발표 이후 수익률

고객

PG -5.7%
고객

P&G's anchor tenancy validates Trimble's Freight Marketplace strategy, potentially drawing larger shippers to the platform.

근거
“In the third quarter, we announced Procter & Gamble as an anchor tenant.”
Rob Painter
외부 신호

공급망 알파 · 3발표 이후 수익률

A1

Only 20% of Trimble's construction customers currently buy more than one product, highlighting a large cross-sell opportunity despite over 70% of bookings coming from existing customers.

Rob Painter
근거
“only 20% of our customers currently buy more than one product, a clear sign of penetration opportunity.”
A2

Trimble won the freight management business of 'one of the world's leading beverage companies' for their U.S. operations.

Rob Painter
근거
“In December, we won the business of one of the world's leading beverage companies to manage their U.S.-based spot, mini-bid, and strategic procurement.”
A3

Around half of Trimble's machine control-as-a-service sales are to new logos, indicating that the business model transition is expanding the addressable market by attracting sub-enterprise customers.

Rob Painter
근거
“approximately half of our sales of machine control as a service are to new logos.”
방법론 및 범위

경영진 발언만 분석합니다. 검증된 기업 언급 1개를 모두 표시하며, 보고 실적과 향후 가이던스를 분리합니다. 공개 근거는 화자가 표시된 짧은 인용문 8개로 제한됩니다. AI 분석은 불완전하거나 틀릴 수 있으므로 중요한 주장은 원문에서 확인하세요.