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Side-by-side financial comparison of Trimble Inc. (TRMB) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

WESTERN ALLIANCE BANCORPORATION is the larger business by last-quarter revenue ($1.0B vs $969.8M, roughly 1.1× Trimble Inc.). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs 16.1%, a 2.4% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs -73.7%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% CAGR vs 0.9%).

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).

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

TRMB vs WAL — Head-to-Head

Bigger by revenue
WAL
WAL
1.1× larger
WAL
$1.0B
$969.8M
TRMB
Growing faster (revenue YoY)
WAL
WAL
+104.6% gap
WAL
31.0%
-73.7%
TRMB
Higher net margin
WAL
WAL
2.4% more per $
WAL
18.6%
16.1%
TRMB
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
0.9%
TRMB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
TRMB
TRMB
WAL
WAL
Revenue
$969.8M
$1.0B
Net Profit
$156.6M
$189.2M
Gross Margin
72.0%
Operating Margin
22.3%
Net Margin
16.1%
18.6%
Revenue YoY
-73.7%
31.0%
Net Profit YoY
73.6%
-5.0%
EPS (diluted)
$0.65
$1.65

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
TRMB
TRMB
WAL
WAL
Q1 26
$1.0B
Q4 25
$901.2M
$980.9M
Q3 25
$875.7M
$938.2M
Q2 25
$840.6M
$845.9M
Q1 25
$983.4M
$778.0M
Q4 24
$838.4M
Q3 24
$875.8M
$823.1M
Q2 24
$870.8M
$771.8M
Net Profit
TRMB
TRMB
WAL
WAL
Q1 26
$189.2M
Q4 25
$111.5M
$286.1M
Q3 25
$89.2M
$253.4M
Q2 25
$66.7M
$230.4M
Q1 25
$90.2M
$199.1M
Q4 24
$216.9M
Q3 24
$40.6M
$199.8M
Q2 24
$1.3B
$193.6M
Gross Margin
TRMB
TRMB
WAL
WAL
Q1 26
Q4 25
68.9%
Q3 25
68.3%
Q2 25
66.7%
Q1 25
69.3%
Q4 24
Q3 24
65.7%
Q2 24
62.7%
Operating Margin
TRMB
TRMB
WAL
WAL
Q1 26
Q4 25
16.7%
36.3%
Q3 25
14.6%
33.4%
Q2 25
11.6%
34.4%
Q1 25
17.6%
31.7%
Q4 24
30.9%
Q3 24
13.3%
30.6%
Q2 24
7.1%
32.1%
Net Margin
TRMB
TRMB
WAL
WAL
Q1 26
18.6%
Q4 25
12.4%
29.2%
Q3 25
10.2%
27.0%
Q2 25
7.9%
27.2%
Q1 25
9.2%
25.6%
Q4 24
25.9%
Q3 24
4.6%
24.3%
Q2 24
151.2%
25.1%
EPS (diluted)
TRMB
TRMB
WAL
WAL
Q1 26
$1.65
Q4 25
$0.46
$2.59
Q3 25
$0.37
$2.28
Q2 25
$0.27
$2.07
Q1 25
$0.36
$1.79
Q4 24
$1.94
Q3 24
$0.16
$1.80
Q2 24
$5.34
$1.75

Balance Sheet & Financial Strength

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

Metric
TRMB
TRMB
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$253.4M
Total DebtLower is stronger
$1.4B
$4.3B
Stockholders' EquityBook value
$5.8B
$7.9B
Total Assets
$9.3B
$98.9B
Debt / EquityLower = less leverage
0.24×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TRMB
TRMB
WAL
WAL
Q1 26
Q4 25
$232.7M
Q3 25
$265.9M
Q2 25
$290.0M
Q1 25
$738.8M
Q4 24
Q3 24
$1.0B
Q2 24
$944.1M
Total Debt
TRMB
TRMB
WAL
WAL
Q1 26
$4.3B
Q4 25
$1.4B
$1.4B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$1.4B
$1.6B
Q4 24
$2.4B
Q3 24
$1.4B
Q2 24
$436.0M
Stockholders' Equity
TRMB
TRMB
WAL
WAL
Q1 26
$7.9B
Q4 25
$5.8B
$7.7B
Q3 25
$5.7B
$7.4B
Q2 25
$5.4B
$7.1B
Q1 25
$5.7B
$6.9B
Q4 24
$6.7B
Q3 24
$5.9B
$6.7B
Q2 24
$5.6B
$6.3B
Total Assets
TRMB
TRMB
WAL
WAL
Q1 26
$98.9B
Q4 25
$9.0B
$92.8B
Q3 25
$9.1B
$91.0B
Q2 25
$8.9B
$86.7B
Q1 25
$9.5B
$83.0B
Q4 24
$80.9B
Q3 24
$9.9B
$80.1B
Q2 24
$9.6B
$80.6B
Debt / Equity
TRMB
TRMB
WAL
WAL
Q1 26
0.54×
Q4 25
0.24×
0.18×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.24×
0.23×
Q4 24
0.36×
Q3 24
0.21×
Q2 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
TRMB
TRMB
WAL
WAL
Operating Cash FlowLast quarter
$386.2M
Free Cash FlowOCF − Capex
$360.9M
FCF MarginFCF / Revenue
37.2%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
2.47×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TRMB
TRMB
WAL
WAL
Q1 26
Q4 25
$-2.7B
Q3 25
$123.8M
$-597.4M
Q2 25
$155.6M
$-357.7M
Q1 25
$115.1M
$-1.7B
Q4 24
$-2.7B
Q3 24
$94.9M
$-1.1B
Q2 24
$87.6M
$-745.8M
Free Cash Flow
TRMB
TRMB
WAL
WAL
Q1 26
Q4 25
Q3 25
$116.6M
Q2 25
$149.0M
Q1 25
$109.0M
Q4 24
Q3 24
$88.5M
Q2 24
$73.3M
FCF Margin
TRMB
TRMB
WAL
WAL
Q1 26
Q4 25
Q3 25
13.3%
Q2 25
17.7%
Q1 25
11.1%
Q4 24
Q3 24
10.1%
Q2 24
8.4%
Capex Intensity
TRMB
TRMB
WAL
WAL
Q1 26
Q4 25
Q3 25
0.8%
Q2 25
0.8%
Q1 25
0.6%
Q4 24
Q3 24
0.7%
Q2 24
1.6%
Cash Conversion
TRMB
TRMB
WAL
WAL
Q1 26
Q4 25
-9.36×
Q3 25
1.39×
-2.36×
Q2 25
2.33×
-1.55×
Q1 25
1.28×
-8.31×
Q4 24
-12.64×
Q3 24
2.34×
-5.35×
Q2 24
0.07×
-3.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TRMB
TRMB

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

WAL
WAL

Segment breakdown not available.

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