Trimble Inc. stock research
FY2025 Q4
Trimble (TRMB) Gross Margin — Quarter Ended Jan 2, 2026
Revenue was higher than the preceding quarter but lower than the same quarter one year earlier. Gross profit rose compared with both periods, while cost of revenue declined, resulting in an improved gross margin.
Gross margin takeaway
Quarter ended Jan 2, 2026 · FY2025 Q4
Revenue was higher than the preceding quarter but lower than the same quarter one year earlier. Gross profit rose compared with both periods, while cost of revenue declined, resulting in an improved gross margin.
- The gross margin improvement was accompanied by a lower cost of revenue relative to revenue in both the quarter-over-quarter and year-over-year comparisons.
- Compared with the immediately preceding quarter, gross margin improved; relative to the same quarter one year earlier, gross margin also improved. Revenue was higher sequentially but lower year-over-year, while cost of revenue was lower in both comparisons.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
72.0%
Gross profit
$698.1M
Revenue
$969.8M
Cost of revenue
$271.7M
Quarter-over-quarter change
+3.1 pts
Year-over-year change
+2.7 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 |
|---|---|---|---|---|
| Apr 4, 2025 | $840.6M | $560.8M | $279.8M | 66.7% |
| Jul 4, 2025 | $875.7M | $597.9M | $277.8M | 68.3% |
| Oct 3, 2025 | $901.2M | $621.1M | $280.1M | 68.9% |
| Jan 2, 2026 | $969.8M | $698.1M | $271.7M | 72.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Oct 3, 2025
+3.1 pts
Year-over-year change
Jan 3, 2025
+2.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin improvement was accompanied by a lower cost of revenue relative to revenue in both the quarter-over-quarter and year-over-year comparisons.
Compared with the immediately preceding quarter, gross margin improved; relative to the same quarter one year earlier, gross margin also improved. Revenue was higher sequentially but lower year-over-year, while cost of revenue was lower in both comparisons.
Monitor the trajectory of cost of revenue relative to revenue, as its decline was the observable factor behind the margin increase.