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Trimble
🇺🇸 NASDAQ:TRMB
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Jun 30, 2021

Trimble Q2 2021 Earnings Report

Trimble's Q2 2021 results exceeded expectations, driven by growth in total revenue, annualized recurring revenue, and adjusted EBITDA.

Key Takeaways

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.

GAAP revenue was $945.2 million, up 29 percent year over year.

Annualized recurring revenue (ARR) was $1.35 billion, up 11 percent year over year.

GAAP operating income was $144.8 million and non-GAAP operating income was $228.6 million.

Adjusted EBITDA was $249.3 million, 26.4 percent of revenue.

Total Revenue
$945M
Previous year: $734M
+28.8%
EPS
$0.72
Previous year: $0.52
+38.5%
Annual Recurring Revenue
$1.35B
Previous year: $1.21B
+11.6%
Gross Profit
$525M
Previous year: $406M
+29.5%
Cash and Equivalents
$484M
Previous year: $196M
+146.6%
Free Cash Flow
$190M
Total Assets
$6.96B
Previous year: $6.65B
+4.8%

Trimble

Trimble

Trimble Revenue by Segment

Forward Guidance

For the full year 2021, Trimble now expects to report GAAP revenue between $3,550 million and $3,650 million and GAAP earnings per share of $1.53 to $1.71, and non-GAAP revenue between $3,550 million and $3,650 million and non-GAAP earnings per share of $2.45 and $2.65.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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