Trimble (NASDAQ:TRMB) Surpasses Expectations with Q4 Revenue Upbeat Amid Freight Market Headwinds

Trimble Inc. (NASDAQ: TRMB) topped earnings expectations in Q4 despite a challenging freight environment, reporting revenue of $969.8M, 1% Y/Y, and adjusted EPS of $1.00 vs. $0.96. The transportation and logistics segment delivered $136M in Q4 revenue, 4% organically, and $527M full-year, 5% organically, with ARR of $508M up 7% Y/Y. Management guided 2026 revenue of $3.81B–$3.91B (6%–9% growth) and T&L ARR of ~$565M with mid-single-digit organic and high-single-digit ARR growth. The T&L operating margin remained 22.9%, though pressured by stranded costs from the mobility divestiture earlier this year. Over 90% of T&L revenue is recurring, reflecting expansion of connected workflows and strong additions with major shippers and carriers.