Trimble Earnings Reports

Trimble posted a 5.47% YoY revenue increase in Q4 2024, reaching $983.4 million. Net income rose 43.17% YoY to $90.2 million, with a 17.6% GAAP operating margin. The company achieved record ARR of $2.26 billion (+14% YoY), reflecting its strategic focus on software-driven growth.

Trimble announced strong Q3 2024 results, with revenue at $875.8 million and a record ARR of $2.19 billion. The company's gross margin also reached a record high. Despite a year-over-year revenue decrease, organic revenue increased by 3 percent. Trimble is raising its full year guidance.

Trimble announced strong Q2 2024 results, with revenue and EPS exceeding guidance. ARR reached a record $2.11 billion, and gross margin also hit a record level. The company is raising its full-year guidance for revenue and earnings per share.

Trimble announced its Q1 2024 results, featuring a 4% year-over-year revenue increase to $953.3 million and a record annualized recurring revenue of $2.03 billion, up 23% year-over-year. The company's GAAP EPS was $0.23, while non-GAAP EPS reached $0.64. Adjusted EBITDA stood at $250.9 million, representing 26.3% of revenue.

Trimble's Q4 2023 revenue reached $932.4 million, a 9% year-over-year increase, with GAAP operating income at $96.9 million and non-GAAP operating income at $226.6 million. The company reported a GAAP EPS of $0.25 and a non-GAAP EPS of $0.63. Adjusted EBITDA stood at $241.2 million, representing 25.9% of revenue. The company achieved a record level of ARR, Gross Margin, and Adjusted EBITDA.

Trimble announced its Q3 2023 financial results, reporting a revenue of $957.3 million, up 8% year-over-year. The company's annualized recurring revenue reached a record $1.94 billion, a 25% increase year-over-year. GAAP EPS was $0.30, while non-GAAP EPS was $0.68.

Trimble announced its Q2 2023 financial results, highlighting a 6% year-over-year increase in total revenue to $993.6 million and a record annualized recurring revenue of $1.88 billion, up 24% year-over-year (14% organically). The company's GAAP EPS was $0.18, while non-GAAP EPS reached $0.64. Trimble's performance reflects the effectiveness of its technology in enhancing customer productivity and sustainability.

Trimble's first quarter 2023 results showcased strong performance with revenue and profitability surpassing expectations. The company achieved a record annualized recurring revenue of $1.65 billion and a record gross margin of 64.2 percent, highlighting the success of its Connect and Scale strategy. Total revenue for the quarter was $915 million.

Trimble's Q4 2022 revenue was $856.5 million, down 8 percent year-over-year, but flat on an organic basis. Diluted earnings per share were $0.34 on a GAAP basis, and $0.60 on a non-GAAP basis. The company's annualized recurring revenue (ARR) was $1.60 billion, up 14 percent year-over-year, and up 16 percent on an organic basis.

Trimble announced its Q3 2022 financial results, reporting a total revenue of $885 million, down 2% year-over-year, but up 6% on an organic basis. The company achieved a record annualized recurring revenue of $1.55 billion, up 16% on an organic basis, and record GAAP and non-GAAP gross margins of 58.2% and 60.9%, respectively. GAAP net income was $85.8 million, and non-GAAP net income was $164.0 million.

Trimble announced record annualized recurring revenue of $1.51 billion, up 12 percent year over year, and second quarter total revenue of $941.2 million, up 6 percent excluding the effects of divestitures, acquisitions, and foreign currency translation. The company's adjusted EBITDA was $227.5 million, representing 24.2 percent of revenue.

Trimble announced record first-quarter results with a total revenue of $994 million, up 12 percent year over year. Annualized recurring revenue (ARR) was $1.47 billion, also up 12 percent year over year. The company's GAAP operating income was $156.9 million, and GAAP net income was $110.3 million, with diluted earnings per share at $0.44.

Trimble reported a 12% year-over-year increase in both GAAP and non-GAAP revenue for the fourth quarter of 2021, reaching $926.0 million. The company's annualized recurring revenue (ARR) also saw a 9% increase, amounting to $1.41 billion. GAAP net income was $115.3 million, with a diluted earnings per share of $0.45, while non-GAAP net income was $157.8 million, with a diluted earnings per share of $0.62. Adjusted EBITDA stood at $222.9 million, representing 24.1% of non-GAAP revenue.

Trimble reported a record third quarter with total revenue of $901 million, up 14 percent year over year. Annualized recurring revenue reached $1.36 billion, an 8 percent increase. The company also raised its full-year guidance.

Trimble announced record second quarter 2021 results with a total revenue of $945 million, up 29 percent year over year. Annualized recurring revenue (ARR) was $1.35 billion, up 11 percent year over year. The company also raised its full year guidance.

Trimble reported GAAP revenue of $792.1 million, a 1% increase year-over-year. Annualized recurring revenue (ARR) grew by 10% to $1.26 billion. GAAP net income was $84.7 million, with diluted earnings per share at $0.34. The company's financial model proved resilient despite the global economic uncertainty.

Trimble reported a decrease in revenue compared to the previous year, but experienced growth in annualized recurring revenue and operating margin. The company acknowledges ongoing macroeconomic challenges due to the COVID-19 pandemic.

Trimble reported first quarter GAAP revenue of $792.3 million, a 1% decrease compared to Q1 2019. GAAP diluted earnings per share were $0.25, consistent with the previous year. The company has suspended further stock repurchases.

Trimble's Q4 2019 results exceeded expectations, with revenue up 5% compared to Q4 2018. The company's strategy is compelling, and cash flow and annualized recurring revenue reflected notable expansion.