Trimble (TRMB) Tax Rate (2009 - 2026)

Trimble (TRMB) posted quarterly Tax Rate of 24.68% for Q2 2026, up 188.0% YoY from 8.57% in Q2 2025, and up 62.69% sequentially from 15.17% in Q1 2026.

Trimble (TRMB) Tax Rate (2009 - 2026) Analysis & Trends

Trimble has disclosed Tax Rate across 18 years of filings, most recently posting 24.68% for Q2 2026.

  • In Q2 2026, Tax Rate rose 188.0% year-over-year to 24.68%; the TTM figure through Apr 2026 stood at 17.7% (down 733.0% YoY), while the FY2026 annual figure was 16.76%, down 824.0% from the prior year.
  • Tax Rate advanced to 24.68% in Q2 2026, from 15.17% in the prior quarter.
  • Over the last five years, Tax Rate for TRMB reached as high as 44.46% in Q3 2024 and fell as low as 5.88% in Q4 2023.
  • The 5-year median for Tax Rate is 21.27% (2025), against an average of 18.46%.
  • Annual changes were most pronounced in 2024 — Tax Rate soared 3879 bps — and 2025, when it sank 3359 bps.
  • A 5-year view of Tax Rate shows it stood at 6.04% in 2022, then sank by 197 bps to 5.88% in 2023, then jumped by 856 bps to 44.46% in 2024, then sank by 76 bps to 10.87% in 2025, then surged by 127 bps to 24.68% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 24.68%, 15.17%, and 10.87% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.45%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 19.94%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -41.92%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 18.62%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 16.63%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 24.68%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 16.28%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 24.59%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 14.27%
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 24.77%

Historic Data

Download Data
DateValue
Apr 3, 2026 24.68%
Apr 3, 2026 24.68%
Jan 2, 2026 15.17%
Jan 2, 2026 15.17%
Oct 3, 2025 10.87%
Oct 3, 2025 10.87%
Jul 4, 2025 21.27%
Jul 4, 2025 21.27%
Apr 4, 2025 22.80%
Apr 4, 2025 22.80%
Jan 3, 2025 7.77%
Jan 3, 2025 7.77%
Sep 27, 2024 44.46%
Sep 27, 2024 44.46%
Jun 28, 2024 25.29%
Jun 28, 2024 25.29%
Mar 29, 2024 21.64%
Mar 29, 2024 21.64%
Dec 29, 2023 -5.88%
Dec 29, 2023 -5.88%