TRIMBLE INC. Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | |||||||||||||||
| (In millions, except per share amounts) | |||||||||||||||||
| Numerator: | |||||||||||||||||
| Net income | $ | 424.0 | $ | 1,504.4 | $ | 311.3 | |||||||||||
| Denominator: | |||||||||||||||||
Weighted-average shares of common stock outstanding - basic | 239.2 | 245.5 | 247.9 | ||||||||||||||
| Effect of dilutive securities | 2.3 | 1.7 | 1.2 | ||||||||||||||
Weighted-average shares of common stock outstanding - diluted | 241.5 | 247.2 | 249.1 | ||||||||||||||
| Basic earnings per share | $ | 1.77 | $ | 6.13 | $ | 1.26 | |||||||||||
| Diluted earnings per share | $ | 1.76 | $ | 6.09 | $ | 1.25 | |||||||||||
Antidilutive weighted-average shares (1) | 0.5 | 1.4 | 1.9 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Feb 25, 2026 | Showing above |
| 2025 | Apr 25, 2025 | |
| 2023 | Feb 26, 2024 | |
| 2022 | Feb 17, 2023 | |
| 2021 | Feb 26, 2021 | |
| 2020 | Feb 28, 2020 | |
| 2018 | Feb 22, 2019 | |
| 2017 | Feb 27, 2018 | |
| 2016 | Feb 24, 2017 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.