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Side-by-side financial comparison of Spectrum Brands Holdings, Inc. (SPB) and Trimble Inc. (TRMB). Click either name above to swap in a different company.

Trimble Inc. is the larger business by last-quarter revenue ($969.8M vs $677.0M, roughly 1.4× Spectrum Brands Holdings, Inc.). Trimble Inc. runs the higher net margin — 16.1% vs 4.2%, a 12.0% gap on every dollar of revenue. On growth, Spectrum Brands Holdings, Inc. posted the faster year-over-year revenue change (-3.3% vs -73.7%). Trimble Inc. produced more free cash flow last quarter ($360.9M vs $59.3M). Over the past eight quarters, Trimble Inc.'s revenue compounded faster (0.9% CAGR vs -2.9%).

Spectrum Brands Holdings, Inc. is an American multinational consumer products conglomerate headquartered in Middleton, Wisconsin. It was established in 2005 as the successor to Rayovac Corporation.

Trimble Inc. is an American software, hardware, and services technology company that was founded in 1978. Its headquarters is in Westminster, Colorado. It is publicly traded on the Nasdaq and listed on the S&P 500. Trimble develops hardware and software for a variety of business sectors including architecture, engineering, and construction (AEC); surveying, mapping, and geomatics (geospatial); and transportation and logistics (T&L).

SPB vs TRMB — Head-to-Head

Bigger by revenue
TRMB
TRMB
1.4× larger
TRMB
$969.8M
$677.0M
SPB
Growing faster (revenue YoY)
SPB
SPB
+70.4% gap
SPB
-3.3%
-73.7%
TRMB
Higher net margin
TRMB
TRMB
12.0% more per $
TRMB
16.1%
4.2%
SPB
More free cash flow
TRMB
TRMB
$301.6M more FCF
TRMB
$360.9M
$59.3M
SPB
Faster 2-yr revenue CAGR
TRMB
TRMB
Annualised
TRMB
0.9%
-2.9%
SPB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SPB
SPB
TRMB
TRMB
Revenue
$677.0M
$969.8M
Net Profit
$28.4M
$156.6M
Gross Margin
35.7%
72.0%
Operating Margin
4.0%
22.3%
Net Margin
4.2%
16.1%
Revenue YoY
-3.3%
-73.7%
Net Profit YoY
20.9%
73.6%
EPS (diluted)
$1.21
$0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SPB
SPB
TRMB
TRMB
Q4 25
$677.0M
$901.2M
Q3 25
$733.5M
$875.7M
Q2 25
$699.6M
$840.6M
Q1 25
$675.7M
$983.4M
Q4 24
$700.2M
Q3 24
$773.8M
$875.8M
Q2 24
$779.4M
$870.8M
Q1 24
$718.5M
$953.3M
Net Profit
SPB
SPB
TRMB
TRMB
Q4 25
$28.4M
$111.5M
Q3 25
$55.6M
$89.2M
Q2 25
$19.9M
$66.7M
Q1 25
$900.0K
$90.2M
Q4 24
$23.5M
Q3 24
$28.5M
$40.6M
Q2 24
$6.1M
$1.3B
Q1 24
$61.1M
$57.2M
Gross Margin
SPB
SPB
TRMB
TRMB
Q4 25
35.7%
68.9%
Q3 25
35.0%
68.3%
Q2 25
37.8%
66.7%
Q1 25
37.5%
69.3%
Q4 24
36.8%
Q3 24
37.2%
65.7%
Q2 24
38.9%
62.7%
Q1 24
38.1%
62.3%
Operating Margin
SPB
SPB
TRMB
TRMB
Q4 25
4.0%
16.7%
Q3 25
4.0%
14.6%
Q2 25
4.5%
11.6%
Q1 25
2.9%
17.6%
Q4 24
6.4%
Q3 24
2.8%
13.3%
Q2 24
6.1%
7.1%
Q1 24
10.6%
11.5%
Net Margin
SPB
SPB
TRMB
TRMB
Q4 25
4.2%
12.4%
Q3 25
7.6%
10.2%
Q2 25
2.8%
7.9%
Q1 25
0.1%
9.2%
Q4 24
3.4%
Q3 24
3.7%
4.6%
Q2 24
0.8%
151.2%
Q1 24
8.5%
6.0%
EPS (diluted)
SPB
SPB
TRMB
TRMB
Q4 25
$1.21
$0.46
Q3 25
$2.19
$0.37
Q2 25
$0.80
$0.27
Q1 25
$0.03
$0.36
Q4 24
$0.84
Q3 24
$1.03
$0.16
Q2 24
$0.21
$5.34
Q1 24
$2.01
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SPB
SPB
TRMB
TRMB
Cash + ST InvestmentsLiquidity on hand
$126.6M
$253.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$1.9B
$5.8B
Total Assets
$3.4B
$9.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPB
SPB
TRMB
TRMB
Q4 25
$126.6M
$232.7M
Q3 25
$123.6M
$265.9M
Q2 25
$122.0M
$290.0M
Q1 25
$96.0M
$738.8M
Q4 24
$179.9M
Q3 24
$368.9M
$1.0B
Q2 24
$306.8M
$944.1M
Q1 24
$1.2B
$255.1M
Total Debt
SPB
SPB
TRMB
TRMB
Q4 25
$1.4B
Q3 25
$496.1M
Q2 25
Q1 25
$1.4B
Q4 24
Q3 24
$496.1M
Q2 24
Q1 24
Stockholders' Equity
SPB
SPB
TRMB
TRMB
Q4 25
$1.9B
$5.8B
Q3 25
$1.9B
$5.7B
Q2 25
$1.9B
$5.4B
Q1 25
$1.9B
$5.7B
Q4 24
$2.0B
Q3 24
$2.1B
$5.9B
Q2 24
$2.1B
$5.6B
Q1 24
$2.3B
$4.3B
Total Assets
SPB
SPB
TRMB
TRMB
Q4 25
$3.4B
$9.0B
Q3 25
$3.4B
$9.1B
Q2 25
$3.5B
$8.9B
Q1 25
$3.5B
$9.5B
Q4 24
$3.6B
Q3 24
$3.8B
$9.9B
Q2 24
$3.8B
$9.6B
Q1 24
$4.8B
$9.3B
Debt / Equity
SPB
SPB
TRMB
TRMB
Q4 25
0.24×
Q3 25
0.26×
Q2 25
Q1 25
0.24×
Q4 24
Q3 24
0.23×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SPB
SPB
TRMB
TRMB
Operating Cash FlowLast quarter
$67.4M
$386.2M
Free Cash FlowOCF − Capex
$59.3M
$360.9M
FCF MarginFCF / Revenue
8.8%
37.2%
Capex IntensityCapex / Revenue
1.2%
2.6%
Cash ConversionOCF / Net Profit
2.37×
2.47×
TTM Free Cash FlowTrailing 4 quarters
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPB
SPB
TRMB
TRMB
Q4 25
$67.4M
Q3 25
$171.1M
$123.8M
Q2 25
$81.8M
$155.6M
Q1 25
$23.1M
$115.1M
Q4 24
$-72.4M
Q3 24
$80.7M
$94.9M
Q2 24
$82.7M
$87.6M
Q1 24
$3.5M
$233.8M
Free Cash Flow
SPB
SPB
TRMB
TRMB
Q4 25
$59.3M
Q3 25
$157.9M
$116.6M
Q2 25
$71.8M
$149.0M
Q1 25
$13.9M
$109.0M
Q4 24
$-78.3M
Q3 24
$67.7M
$88.5M
Q2 24
$72.6M
$73.3M
Q1 24
$-9.0M
$227.0M
FCF Margin
SPB
SPB
TRMB
TRMB
Q4 25
8.8%
Q3 25
21.5%
13.3%
Q2 25
10.3%
17.7%
Q1 25
2.1%
11.1%
Q4 24
-11.2%
Q3 24
8.7%
10.1%
Q2 24
9.3%
8.4%
Q1 24
-1.3%
23.8%
Capex Intensity
SPB
SPB
TRMB
TRMB
Q4 25
1.2%
Q3 25
1.8%
0.8%
Q2 25
1.4%
0.8%
Q1 25
1.4%
0.6%
Q4 24
0.8%
Q3 24
1.7%
0.7%
Q2 24
1.3%
1.6%
Q1 24
1.7%
0.7%
Cash Conversion
SPB
SPB
TRMB
TRMB
Q4 25
2.37×
Q3 25
3.08×
1.39×
Q2 25
4.11×
2.33×
Q1 25
25.67×
1.28×
Q4 24
-3.08×
Q3 24
2.83×
2.34×
Q2 24
13.56×
0.07×
Q1 24
0.06×
4.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SPB
SPB

HPC Segment$321.5M47%
Global Pet Supplies$168.7M25%
Home And Personal Care$109.8M16%
HG Segment$73.9M11%

TRMB
TRMB

Subscription and services$701.5M72%
Product$268.3M28%

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