TRIMBLE INC., DEF 14A filed on 4/9/2026
Proxy Statement (definitive)
v3.26.1
Cover
 12 Months Ended
Jan. 02, 2026
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name Trimble Inc.
Entity Central Index Key 0000864749
v3.26.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Jan. 02, 2026
Jan. 03, 2025
Dec. 29, 2023
Dec. 30, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
YearSummary Compensation Table total for PEO ($) (1)Compensation actually paid to PEO ($) (2)Average Summary Compensation Table total for non-PEO NEOs ($) (3)Average compensation actually paid to non-PEO NEOs ($) (4)Value (cumulative) of initial fixed $100 investment based on:Net income
(in millions)
($)		Annualized recurring revenue
(in millions)
($) (6)
Total shareholder return
($)		Peer group total shareholder return
($) (5)
202519,129,944 26,495,081  4,033,752 5,057,362  117 258 424.0 2,392.3
202418,938,871 30,918,454  3,429,546 4,938,996  106 208 1,504.4 2,257.8
202314,954,642 15,018,601  2,790,762 2,373,641  80 152 311.3 1,982.3
202216,134,366 (8,517,884) 2,700,601 (1,963,061) 76 97 449.7 1,603.7
202113,956,821 27,444,349  3,551,936 9,812,718  131 135 492.7 1,409.1
       
Named Executive Officers, Footnote The principal executive officer (“PEO”) of the Company for each year shown in the table was Robert G. Painter, the Company’s CEO.The non-PEO NEOs for each year shown in the table were:
20252024202320222021
Ronald J. BisioDavid G. BarnesDavid G. BarnesDavid G. BarnesDavid G. Barnes
Chris KeatingRonald J. BisioRonald J. BisioRonald J. BisioSteven W. Berglund
Phillip SawarynskiPeter LargePeter LargeJennifer LinManolis E. Kotzabasakis
Mark SchwartzPhillip SawarynskiJennifer LinDarryl R. MatthewsDarryl R. Matthews
Mark SchwartzDarryl R. MatthewsManolis E. Kotzabasakis
James Langley
        
Peer Group Issuers, Footnote The peer group used for this data is the S&P 500 Information Technology Index, which is one of the peer groups used in the chart in Part II, Item 5 of the Company’s most recent Annual Report on Form 10-K.        
PEO Total Compensation Amount $ 19,129,944 $ 18,938,871 $ 14,954,642 $ 16,134,366 $ 13,956,821
PEO Actually Paid Compensation Amount $ 26,495,081 30,918,454 15,018,601 (8,517,884) 27,444,349
Adjustment To PEO Compensation, Footnote Following are the adjustments made to the summary compensation table totals for 2025 to determine the amounts shown as compensation actually paid for the PEO (in dollars):
(A) Pension Plans—Present Value: Deduct the aggregate change in the actuarial present value of the accumulated benefit under all defined benefit and actuarial pension plansN/A
(B) Pension Plans—Service Costs: Add the aggregate of service cost and prior service cost for all defined benefit and actuarial pension plansN/A
(C) Equity Awards
(1) Deduct the amounts reported in the Summary Compensation Table under “Stock Awards” and “Option Awards”:-15,542,501
(i) Add the fair value as of the end of the year of all awards granted during the year that are outstanding and unvested as of the end of the year:+17,903,471
(ii) Add the amount equal to the change as of the end of the year (from the end of the prior year) in fair value of any awards granted in any prior year that are outstanding and unvested as of the end of the year:+4,576,871
(iii) Add, for awards that are granted and vest in the same year, the fair value as of the vesting date:—
(iv) Add the amount equal to the change as of the vesting date (from the end of the prior year) in fair value of any awards granted in any prior year for which all applicable vesting conditions were satisfied at the end of or during the year:+427,296
(v) Subtract, for any awards granted in any prior year that fail to meet the applicable vesting conditions during the year, the amount equal to the fair value at the end of the prior year:—
(vi) Add the dollar value of any dividends or other earnings paid on stock or option awards in the year prior to the vesting date that are not otherwise included in the total compensation for the year:—
Total adjustments:+7,365,137
        
Non-PEO NEO Average Total Compensation Amount $ 4,033,752 3,429,546 2,790,762 2,700,601 3,551,936
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,057,362 4,938,996 2,373,641 (1,963,061) 9,812,718
Adjustment to Non-PEO NEO Compensation Footnote Following are the adjustments made to the average summary compensation table totals for 2025 to determine the amounts shown as the average compensation actually paid to the non-PEO NEOs, with such amounts calculated as averages among the non-PEO NEOs (in dollars):
(A) Pension Plans—Present Value: Deduct the aggregate change in the actuarial present value of the accumulated benefit under all defined benefit and actuarial pension plansN/A
(B) Pension Plans—Service Costs: Add the aggregate of service cost and prior service cost for all defined benefit and actuarial pension plansN/A
(C) Equity Awards
(1) Deduct the amounts reported in the Summary Compensation Table under “Stock Awards” and “Option Awards”:-3,059,962
(i) Add the fair value as of the end of the year of all awards granted during the year that are outstanding and unvested as of the end of the year:+3,516,924
(ii) Add the amount equal to the change as of the end of the year (from the end of the prior year) in fair value of any awards granted in any prior year that are outstanding and unvested as of the end of the year:+613,466
(iii) Add, for awards that are granted and vest in the same year, the fair value as of the vesting date:+12,497
(iv) Add the amount equal to the change as of the vesting date (from the end of the prior year) in fair value of any awards granted in any prior year for which all applicable vesting conditions were satisfied at the end of or during the year:-59,315
(v) Subtract, for any awards granted in any prior year that fail to meet the applicable vesting conditions during the year, the amount equal to the fair value at the end of the prior year:—
(vi) Add the dollar value of any dividends or other earnings paid on stock or option awards in the year prior to the vesting date that are not otherwise included in the total compensation for the year:—
Total adjustments:+1,023,610
        
Compensation Actually Paid vs. Total Shareholder Return
The following chart shows the relationship between the amounts calculated as compensation actually paid, for the PEO and for the non-PEO NEOs (averaged) and the cumulative total shareholder return of the Company and the peer group based on an initial $100 investment.
2033
        
Compensation Actually Paid vs. Net Income
The following chart shows the relationship between the amounts calculated as compensation actually paid, for the PEO and for the non-PEO NEOs (averaged), and the Company’s net income.
2219
        
Compensation Actually Paid vs. Company Selected Measure
The following chart shows the relationship between the amounts calculated as compensation actually paid, for the PEO and for the non-PEO NEOs (averaged), and the Company’s annualized recurring revenue (ARR).
2429
        
Total Shareholder Return Vs Peer Group
The following chart shows the relationship between the amounts calculated as compensation actually paid, for the PEO and for the non-PEO NEOs (averaged) and the cumulative total shareholder return of the Company and the peer group based on an initial $100 investment.
2033
        
Tabular List, Table
MeasureExplanation
Annualized recurring revenue
See Appendix A for an explanation of annualized recurring revenue
RevenueThe Company’s revenue in a specified period
Operating incomeThe Company’s operating income in a specified period
Adjusted EBITDASee Appendix A for an explanation of Adjusted EBITDA
Total shareholder returnThe total shareholder return of the Company’s stock over a specified period
        
Total Shareholder Return Amount $ 117 106 80 76 131
Peer Group Total Shareholder Return Amount 258 208 152 97 135
Net Income (Loss) $ 424,000,000.0 $ 1,504,400,000 $ 311,300,000 $ 449,700,000 $ 492,700,000
Company Selected Measure Amount 2,392,300,000 2,257,800,000 1,982,300,000 1,603,700,000 1,409,100,000
PEO Name Robert G. Painter        
Additional 402(v) Disclosure See Appendix A to this proxy statement for an explanation of annualized recurring revenue.        
Measure:: 1          
Pay vs Performance Disclosure          
Name Annualized recurring revenue        
Measure:: 2          
Pay vs Performance Disclosure          
Name Revenue        
Measure:: 3          
Pay vs Performance Disclosure          
Name Operating income        
Measure:: 4          
Pay vs Performance Disclosure          
Name Adjusted EBITDA        
Measure:: 5          
Pay vs Performance Disclosure          
Name Total shareholder return        
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 7,365,137        
PEO | Equity Awards Reported Value [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (15,542,501)        
PEO | Equity Awards Granted During the Year, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 17,903,471        
PEO | Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,576,871        
PEO | Equity Awards Granted During the Year, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 427,296        
PEO | Equity Awards that Failed to Meet Vesting Conditions [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Equity Awards, Value of Dividends and Other Earnings Paid Adjustment [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,023,610        
Non-PEO NEO | Equity Awards Reported Value [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,059,962)        
Non-PEO NEO | Equity Awards Granted During the Year, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,516,924        
Non-PEO NEO | Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 613,466        
Non-PEO NEO | Equity Awards Granted During the Year, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 12,497        
Non-PEO NEO | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (59,315)        
Non-PEO NEO | Equity Awards that Failed to Meet Vesting Conditions [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Equity Awards, Value of Dividends and Other Earnings Paid Adjustment [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0        
v3.26.1
Award Timing Disclosure
 12 Months Ended
Jan. 02, 2026
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
The Company does not time equity awards in coordination with the release of material non-public information. Annual equity awards are granted as of the date of the People & Compensation Committee’s March meeting, and grants to any newly hired or promoted executives are made on the date of hire or promotion. We do not grant any form of equity compensation in anticipation of the release of material non-public information, and similarly, we do not time the release of material non-public information based on equity award grant dates for the purpose of affecting the value of any equity award. The People & Compensation Committee also does not take material non-public information into account when determining the timing and terms of equity award grants; provided, that, if material non-public information became known to the People & Compensation Committee prior to granting an equity award, it may take the existence of such information into consideration and use its business judgment to determine whether to delay the grant of equity.
Award Timing Method
The Company does not time equity awards in coordination with the release of material non-public information. Annual equity awards are granted as of the date of the People & Compensation Committee’s March meeting, and grants to any newly hired or promoted executives are made on the date of hire or promotion. We do not grant any form of equity compensation in anticipation of the release of material non-public information, and similarly, we do not time the release of material non-public information based on equity award grant dates for the purpose of affecting the value of any equity award. The People & Compensation Committee also does not take material non-public information into account when determining the timing and terms of equity award grants; provided, that, if material non-public information became known to the People & Compensation Committee prior to granting an equity award, it may take the existence of such information into consideration and use its business judgment to determine whether to delay the grant of equity.
Award Timing Predetermined false
Award Timing MNPI Considered true
Award Timing, How MNPI Considered
The Company does not time equity awards in coordination with the release of material non-public information. Annual equity awards are granted as of the date of the People & Compensation Committee’s March meeting, and grants to any newly hired or promoted executives are made on the date of hire or promotion. We do not grant any form of equity compensation in anticipation of the release of material non-public information, and similarly, we do not time the release of material non-public information based on equity award grant dates for the purpose of affecting the value of any equity award. The People & Compensation Committee also does not take material non-public information into account when determining the timing and terms of equity award grants; provided, that, if material non-public information became known to the People & Compensation Committee prior to granting an equity award, it may take the existence of such information into consideration and use its business judgment to determine whether to delay the grant of equity.
MNPI Disclosure Timed for Compensation Value false
v3.26.1
Insider Trading Policies and Procedures
 12 Months Ended
Jan. 02, 2026
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true