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Trend Micro Incorporated (ADR) (TMICY)
OTHER OTC:TMICY
US Market
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Trend Micro (TMICY) Price & Analysis

57 Followers

TMICY Stock Chart & Stats

$34.88
$1.26(3.28%)
At close: 4:00 PM EDT
$34.88
$1.26(3.28%)

Bulls Say, Bears Say

Bulls Say
Debt-free Balance SheetZero total debt across all periods gives Trend Micro low financial risk and substantial flexibility to fund product investment, absorb volatility, or return capital without refinancing pressure. Healthy 2024–TTM ROE further indicates effective use of equity.
Consistent Revenue Growth And Strong Software MarginsRevenue has risen consistently from 2021 through 2025 and accelerated in TTM, while gross margin stayed in the mid-to-high 70% range. This combination supports durable software economics and provides a strong base for funding innovation and scaling recurring security offerings.
Vision One Platform Expansion And RetentionVision One ARR reached $615M, up 49% year over year, with 122% NRR and 87% GRR; its roughly 45% share of Trend ARR signals successful platform adoption. Expansion and retention can deepen customer relationships and improve recurring revenue durability.
Bears Say
Investment-driven Margin And Profit PressureCosts grew 29% against 13% sales growth in Q2, driving operating income down about 54% and forcing lower full-year profit guidance. Continued AI, cloud, infrastructure, and transition spending could keep margins and earnings under pressure until scale benefits arrive.
Uneven Free Cash Flow TrajectoryCash generation is meaningful, but free cash flow was much lower in 2024 and its growth turned negative in TTM after a stronger 2025. This uneven trajectory makes internally funded investment less predictable and weakens confidence in near-term cash conversion.
Bottom-line Earnings VolatilityThe sharp 2023 net-margin decline and incomplete recovery through TTM show that bottom-line performance has been less stable than gross profitability. Such volatility can complicate planning, reduce earnings visibility, and make operating improvements harder to translate into consistent net income.

Trend Micro News

TMICY FAQ

What was Trend Micro Incorporated (ADR)’s price range in the past 12 months?
Trend Micro Incorporated (ADR) lowest stock price was $31.46 and its highest was $52.21 in the past 12 months.
    What is Trend Micro Incorporated (ADR)’s market cap?
    Trend Micro Incorporated (ADR)’s market cap is $5.84B.
      When is Trend Micro Incorporated (ADR)’s upcoming earnings report date?
      Trend Micro Incorporated (ADR)’s upcoming earnings report date is Nov 05, 2026 which is in 14 days.
        How were Trend Micro Incorporated (ADR)’s earnings last quarter?
        Trend Micro Incorporated (ADR) released its earnings results on Aug 13, 2026. The company reported $0.169 earnings per share for the quarter, missing the consensus estimate of $0.396 by -$0.227.
          Is Trend Micro Incorporated (ADR) overvalued?
          According to Wall Street analysts Trend Micro Incorporated (ADR)’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Trend Micro Incorporated (ADR) pay dividends?
            Trend Micro Incorporated (ADR) pays a Semiannually dividend of $1.155 which represents an annual dividend yield of 2.74%. See more information on Trend Micro Incorporated (ADR) dividends here
              What is Trend Micro Incorporated (ADR)’s EPS estimate?
              Trend Micro Incorporated (ADR)’s EPS estimate is 0.4.
                How many shares outstanding does Trend Micro Incorporated (ADR) have?
                Trend Micro Incorporated (ADR) has 140,901,610 shares outstanding.
                  What happened to Trend Micro Incorporated (ADR)’s price movement after its last earnings report?
                  Trend Micro Incorporated (ADR) reported an EPS of $0.169 in its last earnings report, missing expectations of $0.396. Following the earnings report the stock price went down -1.618%.
                    Which hedge fund is a major shareholder of Trend Micro Incorporated (ADR)?
                    Currently, no hedge funds are holding shares in TMICY
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Trend Micro Stock Smart Score

                      Company Description

                      Trend Micro Incorporated (ADR)

                      Headquartered in Tokyo, Japan, and established in 1965, Trend Micro Incorporated specializes in creating and distributing cybersecurity software. The company primarily focuses on the Japanese market, providing security solutions for computers and the internet. Its extensive portfolio encompasses a wide array of offerings, including comprehensive hybrid cloud security solutions that address areas like conformity, workload protection, container security, file storage, application safeguarding, network defense, and open-source vulnerabilities. Beyond cloud environments, Trend Micro delivers crucial protection against intrusions and general threats, alongside specialized security for industrial and mobile networks, email, web, and various endpoints. The company further supports clients with solutions for cloud migration, the development of cloud-native applications, cloud operations, data center security, and SaaS application protection. Additionally, its expertise extends to advanced areas such as ICS/OT security, connected car protection, 5G network defense, and a suite of solutions for ransomware prevention, securing end-of-support systems, ensuring compliance, and facilitating robust detection and response protocols. Trend Micro serves diverse critical sectors, including oil and gas, healthcare, manufacturing, and electric utilities.

                      Trend Micro (TMICY) Earnings & Revenues

                      TMICY Company Deck

                      TMICY Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Neutral
                      The call conveys clear product and ARR momentum—especially strong performance from the Vision One platform (49% ARR growth, $615M ARR, 122% NRR), services expansion, AI-driven productivity gains, and strategic sovereign-cloud investments—indicating solid top-line growth drivers and long-term opportunity. However, near-term profitability has been materially impacted by deliberate, sizable AI and infrastructure investments (large one-time/transition costs and increased cloud consumption), causing operating income to fall sharply and prompts downward revisions to profit-line guidance. Management positions most costs as strategic and temporary with expected improvements in H2 and beyond, but timing and magnitude of recovery remain uncertain.View all TMICY earnings summaries
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                      Ownership Overview

                      <0.01%0.02%99.96%
                      ―
                      Insiders
                      0.02% Other Institutional Investors
                      99.96% Public Companies and
                      Individual Investors
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