Trimble Inc. stock research
FY2025 Q1
Trimble (TRMB) Gross Margin — Quarter Ended Apr 4, 2025
Revenue and gross profit both decreased compared with the immediately preceding quarter, while cost of revenue also fell. Gross margin weakened slightly versus the prior quarter but improved compared with the same quarter one year earlier.
Gross margin takeaway
Quarter ended Apr 4, 2025 · FY2025 Q1
Revenue and gross profit both decreased compared with the immediately preceding quarter, while cost of revenue also fell. Gross margin weakened slightly versus the prior quarter but improved compared with the same quarter one year earlier.
- The ratio of cost of revenue to revenue decreased meaningfully relative to the year-ago quarter, supporting the gross margin improvement over that period.
- Revenue was lower than both the immediately preceding quarter and the same quarter one year earlier. Gross profit followed a similar pattern, while gross margin declined from the prior quarter but remained above the year-ago level.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
66.7%
Gross profit
$560.8M
Revenue
$840.6M
Cost of revenue
$279.8M
Quarter-over-quarter change
-2.6 pts
Year-over-year change
+4.4 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 28, 2024 | $870.8M | $545.9M | $324.9M | 62.7% |
| Sep 27, 2024 | $875.8M | $575.6M | $300.2M | 65.7% |
| Jan 3, 2025 | $983.4M | $681.2M | $302.2M | 69.3% |
| Apr 4, 2025 | $840.6M | $560.8M | $279.8M | 66.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jan 3, 2025
-2.6 pts
Year-over-year change
Mar 29, 2024
+4.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The ratio of cost of revenue to revenue decreased meaningfully relative to the year-ago quarter, supporting the gross margin improvement over that period.
Revenue was lower than both the immediately preceding quarter and the same quarter one year earlier. Gross profit followed a similar pattern, while gross margin declined from the prior quarter but remained above the year-ago level.
Monitor the trajectory of cost of revenue relative to revenue in upcoming quarters to assess margin sustainability.