Financial Data and Key Metrics Changes - The company reported revenue of $901 million for the third quarter, an increase of 11% year over year [3] - Annual Recurring Revenue (ARR) grew by 15% to $2.31 billion, with a notable 17% increase in the AECO segment [3] - Earnings per share (EPS) reached $0.81, up 16% year over year [3][15] - Recurring revenue accounted for 63% of total revenue, while software and services made up 78% [4] Business Line Data and Key Metrics Changes - AECO segment delivered ARR of $1.42 billion and revenue of $358 million, both up 17% [8][17] - Field Systems revenue increased by 8% to $409 million, with ARR growing by 18% [10][17] - Transportation and Logistics segment saw revenue growth of 4% and ARR growth of 7% [12][17] Market Data and Key Metrics Changes - The company noted strong demand for AI data centers, with significant global backlogs among customers [7] - The business is diversified across various end markets, including infrastructure, residential, energy, and commercial, which contributes to its resilience [8] Company Strategy and Development Direction - The company is focused on its "Connect and Scale" strategy, which aims to deliver transformative outcomes to global customers [2][3] - Partnerships with RFK Racing and Liverpool FC were highlighted as part of the brand's momentum and strategy execution [3] - The company is leveraging AI as a natural extension of its existing solutions, aiming to enhance productivity and innovation [5][7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving fiscal 2027 targets, with a framework of $3 billion in ARR, $4 billion in revenue, and 30% EBITDA [19] - The impact of the U.S. Federal government shutdown was anticipated to be contained to single-digit millions [4][24] - Management remains optimistic about the company's ability to navigate challenges in the freight market and continue growth [12][75] Other Important Information - The company repurchased $50 million worth of shares during the third quarter, reflecting confidence in long-term value [14] - The balance sheet remains strong with $233 million in cash and a leverage ratio of 1.2 times [16] Q&A Session Summary Question: Impact of government shutdown - Management anticipated a lower impact from the government shutdown, quantifying it as single-digit millions in the second half of the year [24] Question: Strength in AECO segment - Management noted strong performance across AECO components, with BIM and engineering solutions being standout performers [27][29] Question: 2026 growth outlook - Management expressed confidence in achieving 2027 targets, with 2026 expected to show mid to high single-digit growth [35][36] Question: Customer interest in AI - Management indicated that customer interest in AI is growing, with many seeking to unlock data and improve workflows [39][41] Question: Composition of ARR growth - The composition of the 15% ARR growth was consistent, with about one-third from new customer acquisition and two-thirds from existing customers [46] Question: OEM strategy and partnerships - Management highlighted progress in OEM relationships and the importance of reaching mixed fleet markets [52][53] Question: Operating margin expectations - Management expects operating margin improvements to continue, aligning with revenue growth expectations [64] Question: Transportation and logistics outlook - Management noted that while macro conditions remain challenging, execution and product offerings like the Freight Marketplace provide optimism [75]

Financial Data and Key Metrics Changes - The company reported revenue of $901 million for the third quarter, representing an 11% year-over-year increase [5] - Annual Recurring Revenue (ARR) grew by 15% to $2.31 billion, with a notable 17% increase in the AECO segment [5] - Earnings per share (EPS) increased by 16% year-over-year to $0.81, exceeding guidance [27] - Recurring revenue accounted for 63% of total revenue, with software and services making up 78% [6] Business Line Data and Key Metrics Changes - AECO segment achieved $1.42 billion in ARR and $358 million in revenue, both up 17% [29] - Field Systems revenue increased by 8% to $409 million, with ARR growing by 18% [30] - Transportation and Logistics segment reported a 4% revenue growth and a 7% increase in ARR [32] Market Data and Key Metrics Changes - The company noted strong demand for AI data centers, with significant global backlogs among customers [12] - The business is resilient due to its diverse end markets, including infrastructure, residential, energy, and commercial sectors [12] Company Strategy and Development Direction - The company is focused on its "Connect and Scale" strategy, which aims to deliver transformative outcomes to global customers [3] - Partnerships with organizations like RFK Racing and Liverpool FC are part of the strategy to enhance brand visibility and application of technology [4] - The company is committed to integrating AI across its business to drive internal efficiencies and product innovation [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving fiscal 2027 targets, with a focus on $3 billion in ARR, $4 billion in revenue, and 30% EBITDA [35] - The impact of the U.S. Federal government shutdown was anticipated to be contained to single-digit millions in the second half of 2025 [7][39] - Management highlighted the importance of AI as a tool to enhance value propositions and extend leadership in the market [12] Other Important Information - The company repurchased $50 million worth of shares during the third quarter, reflecting confidence in long-term value [25] - The balance sheet remains strong with $233 million in cash and a leverage ratio of 1.2 times [28] Q&A Session Summary Question: Impact of government shutdown - Management anticipated a lower impact from the government shutdown, estimating single-digit millions in the second half of the year [39] Question: Strength in AECO segment - Management noted strong performance across AECO components, particularly in BIM and engineering solutions, and highlighted the success of ProjectSight in Europe [42][43] Question: 2026 growth outlook - Management expressed confidence in 2026 growth, indicating that the performance to date improves confidence in achieving 2027 targets [49] Question: AI adoption among customers - Management observed increasing customer interest in AI, with many seeking to unlock data and improve operational efficiency [56][59] Question: OEM strategy and partnerships - Management discussed the importance of OEM relationships and the ability to serve mixed fleet markets, highlighting recent partnerships with various manufacturers [70][100] Question: FedRAMP certification opportunities - Management indicated that FedRAMP certification is important for security posture and could open opportunities in federal business, though no revenue is expected from it in 2026 [113] Question: SketchUp pricing impact - Management discussed pricing dynamics for SketchUp, emphasizing the importance of optimizing pricing strategies to penetrate the market effectively [118][120]

Financial Data and Key Metrics Changes - Trimble reported Q3 2025 revenue of $901 million, an 11% increase year-over-year, with adjusted EPS of $0.81, up 16% year-over-year [3][15] - Annual Recurring Revenue (ARR) grew 15% to $2.31 billion, with a notable 17% increase in the AECO segment [3][15] - Gross margins expanded by 90 basis points to 71.2%, and EBITDA margins increased by 160 basis points to 29.9% [15][16] Business Line Data and Key Metrics Changes - AECO segment delivered $358 million in revenue, up 17%, with ARR at $1.42 billion [7][17] - Field Systems revenue increased by 8% to $409 million, with ARR growing 18% [9][17] - Transportation and Logistics segment saw revenue growth of 4% and ARR growth of 7% [11][17] Market Data and Key Metrics Changes - The company noted strong demand across diverse end markets, including infrastructure, residential, and energy [6][10] - The impact of the U.S. Federal government shutdown was anticipated to be contained to single-digit millions in the second half of 2025 [4][25] Company Strategy and Development Direction - Trimble's strategy focuses on "Connect and Scale," aiming to deliver transformative outcomes and achieve 2027 financial commitments [2][3] - The company is leveraging AI as a natural extension of its existing platforms, enhancing internal efficiencies and product innovation [5][6] - Trimble is committed to M&A strategies that strengthen core market positions, particularly in high-growth areas like construction software [14][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving fiscal 2027 targets, with a framework of $3 billion in ARR, $4 billion in revenue, and 30% EBITDA [19][20] - The company anticipates continued growth in 2026, with a mid to high single-digit revenue growth outlook [19][20] Other Important Information - Trimble repurchased $50 million worth of shares during Q3, reflecting confidence in long-term business value [13][14] - The company is actively pursuing FedRAMP certification to enhance its security posture and expand federal business opportunities [84][86] Q&A Session Summary Question: Impact of government shutdown - Management anticipated a contained impact of single-digit millions on revenue due to the government shutdown [25] Question: Strength in AECO segment - Each component of AECO is performing well, with strong growth in BIM and engineering solutions [28][30] Question: 2026 growth outlook - Management expressed confidence in achieving 2027 targets, with 2026 expected to show mid to high single-digit growth [36][19] Question: AI adoption by customers - Customers are increasingly interested in AI, with many exploring how to leverage their data more effectively [39][43] Question: OEM strategy and partnerships - Trimble is enhancing its OEM strategy by investing in technology and expanding partnerships to reach mixed fleet markets [76][50] Question: Transition growth headwinds in Field Systems - Management expects growth headwinds in Field Systems to continue through 2027 due to ongoing transitions [52][53] Question: Leverage ratio and capital allocation - The company is focused on high ROI investments, including share buybacks and strategic acquisitions [56][57] Question: Operating margin expectations - Management indicated that while operating margins are improving, they will continue to invest in the business to unlock AI opportunities [96][97]

Q3 2025 Financial Performance - Trimble's Q3 2025 as-adjusted revenue reached $901 million, reflecting an organic growth of 11%[16] - The company's as-adjusted Annual Recurring Revenue (ARR) stood at $2310 million, with an organic growth of 15%[12, 16] - Non-GAAP gross margin improved to 712%, a 90 basis points increase year-over-year[16] - Non-GAAP operating income margin expanded to 282%, a 140 basis points increase year-over-year[16] - Adjusted EBITDA margin increased to 299%, a 160 basis points increase year-over-year[16] Balance Sheet and Cash Flow - Year-to-date free cash flow was $206 million[20] - Cash and equivalents totaled $233 million, with total debt at $1392 million, resulting in net debt of $1159 million[20] FY25 Outlook - The company updated its FY25 revenue outlook to $3522 to $3562 billion[33] - The company expects organic ARR growth of 13% to 15%[33]

Revenue Performance - Trimble reported record annualized recurring revenue of $2.31 billion, up 6% year-over-year and 14% on an organic basis[9] - Total revenue for Q3 2025 was $901.2 million, representing a 3% increase year-over-year and a 10% increase on an organic basis[9] - Trimble raised its full-year 2025 revenue guidance to between $3,545 million and $3,585 million[4] - For Q4 2025, Trimble expects revenue between $927 million and $967 million, with GAAP earnings per share of $0.59 to $0.67[5] - Segment revenue for AECO in Q3 2025 was $358.5 million, up from $306.0 million in Q3 2024, representing a 17.1% increase[19] Profitability Metrics - GAAP net income for Q3 2025 was $111.5 million, with diluted earnings per share of $0.46[9] - The gross margin for Q3 2025 was 68.9%, compared to 65.7% in Q3 2024[9] - Trimble's GAAP operating income for Q3 2025 was $150.5 million, representing 16.7% of revenue[9] - Non-GAAP operating income for the first three quarters of 2025 was $675.0 million, compared to $653.6 million in 2024, reflecting a 3.4% increase[21] - Non-GAAP gross margin for the first three quarters of 2025 was 70.4%, compared to 66.9% in 2024[21] - GAAP net income for the year was $1,414.2 million, with a non-GAAP net income of $482.9 million[22] - GAAP diluted net income per share was $5.73, while non-GAAP diluted net income per share was $1.96[22] - Adjusted EBITDA for the year reached $702.3 million, representing a 26.0% margin[22] - Non-GAAP operating income for the year was $653.6 million, with a margin of 24.2%[22] - The company reported a GAAP operating income of $287.2 million, reflecting a 10.6% margin[22] Cash Flow and Financing - Operating cash flow decreased to $225.9 million in 2025 from $416.3 million in 2024[17] - The company reported a net cash used in financing activities of $729.3 million in 2025, compared to $1,463.7 million in 2024[17] - The company experienced a net decrease in cash and cash equivalents of $515.1 million in 2025, compared to an increase of $815.1 million in 2024[17] - Free cash flow for the year was $388.8 million, down from $206.2 million in the previous year[22] - Capital expenditures for the year totaled $27.5 million, compared to $19.7 million in the previous year[22] Balance Sheet Highlights - Trimble's total assets as of Q3 2025 were $9,019.6 million, down from $9,488.3 million at year-end 2024[15] - Current liabilities decreased to $1,253.6 million in Q3 2025 from $1,788.0 million at year-end 2024[15] Shareholder Actions - The company repurchased $50 million worth of shares in Q3 2025, totaling $727.4 million year-to-date[9] Future Projections - Forecasted GAAP diluted net income per share for Q4 2025 is projected to be between $0.59 and $0.67[22] - Forecasted non-GAAP diluted net income per share for Q4 2025 is expected to be between $0.91 and $0.99[22] Operational Insights - Operating income for the Field Systems segment in Q3 2025 was $136.7 million, a decrease from $123.7 million in Q3 2024[19] - The company emphasizes the importance of non-GAAP measures for understanding core operating performance and trends[24] - Cash paid for income taxes, excluding tax for the Ag divestiture, was $114.8 million in 2025, up from $81.6 million in 2024[17]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Insights - Trimble Inc. reported strong financial results for Q3 2025, achieving a record annualized recurring revenue of $2.31 billion, exceeding both revenue and earnings expectations [2][9] - The company raised its full-year 2025 guidance, reflecting effective execution of its Connect & Scale strategy, which is driving competitive differentiation and growth [2][3] Financial Performance - Q3 2025 revenue reached $901.2 million, representing a 3% increase year-over-year and a 10% increase on an organic basis [9] - Annualized recurring revenue (ARR) grew by 6% year-over-year to $2.31 billion, with a 14% organic growth [9] - GAAP operating income was $150.5 million, accounting for 16.7% of revenue, while non-GAAP operating income was $254.2 million, or 28.2% of revenue [9] - GAAP net income for Q3 was $111.5 million, with diluted earnings per share (EPS) of $0.46; non-GAAP net income was $194.7 million, with non-GAAP diluted EPS of $0.81 [9] Forward-Looking Guidance - For the full year 2025, Trimble expects revenue between $3,545 million and $3,585 million, with GAAP EPS projected at $1.69 to $1.77 and non-GAAP EPS at $3.04 to $3.12 [3][4] - The fourth quarter of 2025 is anticipated to generate revenue between $927 million and $967 million, with GAAP EPS of $0.59 to $0.67 and non-GAAP EPS of $0.91 to $0.99 [4] Strategic Context - The full-year guidance incorporates the impact of the Mobility divestiture, which was completed on February 8, 2025 [5] - Trimble's strategy focuses on connecting the physical and digital worlds, enhancing productivity across essential industries such as construction, geospatial, and transportation [7]

Industry Overview - Robotics companies are leading innovation, enhancing efficiency and productivity in sectors like manufacturing, healthcare, and logistics, with the global robotics market expected to experience significant growth driven by technological advancements and increasing automation demand [1][2] - The integration of hardware, software, and AI in robotics allows for the development of intelligent machines capable of performing complex tasks autonomously or semi-autonomously [2] Investment Potential - The high growth potential in the robotics sector promises substantial returns for investors, while also addressing labor shortages and improving task precision, which can lead to reduced operational costs and enhanced quality [2] - Despite the promising landscape, the investment environment is fraught with risks, including high R&D costs, regulatory challenges, market volatility, and societal impacts of automation [3] Recommended Stocks - Five robotics stocks are recommended for investment in the last two months of 2025: UiPath Inc. (PATH), Emerson Electric Co. (EMR), Trimble Inc. (TRMB), Omnicell Inc. (OMCL), and Lincoln Electric Holdings Inc. (LECO), all carrying a Zacks Rank of 1 (Strong Buy) or 2 (Buy) [4][7] Company Highlights - **UiPath Inc. (PATH)**: Expected revenue growth of 10.1% and earnings growth of 22.6% for the current year, with an 18.1% improvement in earnings estimates over the past 60 days [9] - **Emerson Electric Co. (EMR)**: Anticipates revenue growth of 4.9% and earnings growth of 8.4% for the current year, with a slight 0.2% increase in earnings estimates over the last 60 days [11] - **Trimble Inc. (TRMB)**: Expected revenue decline of 4.4% but earnings growth of 4.9% for the current year, with a 3.1% improvement in earnings estimates over the last 60 days [13] - **Omnicell Inc. (OMCL)**: Projected revenue growth of 0.1% and earnings growth of 8.2% for the current year, with a 4.7% increase in earnings estimates over the last seven days [15] - **Lincoln Electric Holdings Inc. (LECO)**: Expected revenue growth of 5.2% and earnings growth of 4.5% for the current year, with a 0.6% improvement in earnings estimates over the last 30 days [18]

Accessibility StatementSkip Navigation Collaboration Focused on Innovation, Designing the Future LFC Academy and Creating a Lasting Impact WESTMINSTER, Colo., Oct. 31, 2025 /PRNewswire/ --Â Trimble (Nasdaq: TRMB) today announced a new multi-year global sponsorship with Liverpool Football Club (LFC), marking a significant expansion of Trimble's global sports marketing strategy. This collaboration is driven by shared values of precision, innovation and a commitment to transforming how work gets done — both on ...

Core Insights - Trimble Inc. (TRMB) is a leading industrial technology company valued at $19 billion, providing integrated technology solutions for professionals and field mobile workers globally [1] - The company is expected to announce its fiscal third-quarter earnings for 2025 soon, with analysts predicting a profit of $0.58 per share, unchanged from the previous year [2] Financial Performance - For the full fiscal year, analysts forecast TRMB's EPS to be $2.44, reflecting a 10.4% increase from $2.21 in fiscal 2024, and an expected rise to $2.76 in fiscal 2026, representing a 13.1% year-over-year growth [3] - In Q2, TRMB reported an adjusted EPS of $0.71, surpassing Wall Street's expectation of $0.63, with revenue of $875.7 million exceeding forecasts of $837 million [6] Stock Performance - TRMB's stock has outperformed the S&P 500 Index, gaining 31.1% over the past 52 weeks compared to the index's 15.1% increase, and also outperformed the Technology Select Sector SPDR Fund's 24.3% rise [4] - Analysts maintain a bullish consensus on TRMB stock, with a "Strong Buy" rating from nine out of 13 analysts, and an average price target of $96.89, indicating a potential upside of 21.6% [7] Market Drivers - The strong performance of TRMB is attributed to robust demand for its integrated solutions, successful product bundling, and increasing adoption of AI tools, which have boosted investor optimism [5]