Trimble Stock Slips Despite Q2 Beat: Connected Cloud Workflows and $1B Buyback Drive Outlook - Trimble (N

Trimble (NASDAQ:TRMB) stock slid on Wednesday after the industrial technology company reported fiscal second-quarter 2026 results.

Strong Q2 Revenue And Earnings Performance Quarterly revenue was $972 million, up 11% from a year earlier and ahead of analyst estimates of $951.91 million.

Organic revenue increased 10% year over year.

Annualized recurring revenue rose 12% to $2.51 billion on an organic basis.

Trimble posted adjusted earnings of 86 cents per share, beating analyst estimates of 80 cents per share.