Trimble Q3 2026: record ARR of $2.564 billion, gross margin at 70.5%
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Revenue: $967 million, up 7% year over year in Q3 2026. Earnings Per Share: $0.86, in line with and above the midpoint of guidance. ARR (Annualized Recurring Revenue): Record $2.564 billion, up 10%. Gross Margin: 70.5%, down 70 basis…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRecord ARR and buybacks are offset by lower gross margin from higher hardware mix, a mixed picture for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Revenue of $967 million, up 7% year over year in Q3 2026.
- 02Gross margin at 70.5%, down 70 basis points on higher hardware mix.
- 03Share repurchases of $224 million in the quarter, with $768 million remaining on authorization.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets