Trimble Inc. Reports Strong Q1 Performance, Exceeds Analyst Expectations

WASHINGTON (dpa-AFX) - Trimble Inc. (TRMB), a leading U.S.-based company specializing in advanced location-based software solutions, has announced its first-quarter earnings for 2025, showcasing a significant increase in profit and surpassing market expectations. The company’s bottom line reached $66.7 million, or $0.27 per share, compared to $57.2 million, or $0.23 per share, in the same period last year. Excluding special items, Trimble reported adjusted earnings of $151.4 million, or $0.61 per share, exceeding analysts’ expectations of $0.58 per share.

Despite a 11.8% year-over-year decline in revenue, falling from $953.3 million to $840.6 million, Trimble’s performance reflects strong execution of its Connect & Scale strategy. The company’s annualized recurring revenue (ARR) reached a record $2.18 billion, marking a 7% increase from the previous year and a 15% rise on an organic basis. This growth in ARR underscores Trimble’s robust market position and its ability to maintain and expand its customer base.

Financially, Trimble’s GAAP operating income was $97.5 million, representing 11.6% of revenue, while non-GAAP operating income stood at $198.2 million, or 23.6% of revenue. The company’s GAAP net income was $66.7 million, with non-GAAP net income reaching $151.4 million. Diluted earnings per share (EPS) were reported at $0.27 on a GAAP basis and $0.61 on a non-GAAP basis. Adjusted EBITDA was $212.1 million, accounting for 25.2% of revenue.

Trimble also announced a share repurchase program of $627.4 million, reflecting confidence in its financial health and future prospects. The company maintained its full-year 2025 guidance, with next quarter EPS expected to range from $0.59 to $0.65 and revenue guidance set between $815 million and $845 million. Full-year EPS guidance is projected to be between $2.76 and $2.98, with revenue guidance ranging from $3.370 billion to $3.470 billion.

Rob Painter, president and CEO of Trimble, expressed optimism about the company’s performance, stating, “We began the year with strong momentum, delivering a first quarter record annualized recurring revenue of $2.18 billion and surpassing expectations on both top and bottom lines.” Painter emphasized the company’s commitment to maintaining its full-year guidance amidst current market uncertainties, highlighting Trimble’s strong performance and durable business model.

Trimble Expands Global Reach with Dimensions Australia

WESTMINSTER, Colo., May 6, 2025 /PRNewswire/ – Trimble Inc. is set to expand its global footprint with the announcement of Trimble Dimensions Australia, a new regional user conference scheduled for August 27-28 in Brisbane, Australia. This event is tailored for engineering and construction professionals, offering two days of fast-paced education on innovative technology solutions and opportunities to connect with peers and product experts.

The conference will feature Trimble’s renowned Dimensions Offsite Expo, showcasing the latest in machine control, monitoring, mapping, and positioning technologies. Attendees will have the chance to explore the convergence of the physical and digital worlds, with a focus on the impact of Artificial Intelligence (AI) technologies on the engineering and construction industry.

The event will include over 50 educational sessions, providing practical insights and learning opportunities from industry leaders. Hands-on Technology Labs will allow participants to experience the latest technology innovations and learn how to maximize value from Trimble solutions. Additionally, a Unique Scanning Experience Center will highlight the power of 3D scanning and reality capture.

Trimble’s commitment to innovation and global expansion is evident through this new conference, which aims to enhance access to its flagship user conference experience in the Asia-Pacific region.