Trimble(US:TRMB) Prnewswire·2025-11-05 11:55Core 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]