Q1 2025 Financial Performance - As-reported revenue was $841 million, while as-adjusted revenue was $818 million[8] - As-adjusted organic revenue growth was +3%, and +10% excluding the impact of January 1 term license revenue[8,16] - As-reported ARR reached $2,176 million, with as-adjusted ARR at $2,111 million, representing +17% organic growth[8] - Non-GAAP EPS was $061, reaching the high-end of guidance[8] Segment Performance (As-Adjusted) - AECO revenue was $335 million with 0% organic growth, but +17% organic growth excluding January 1 term license revenue; ARR grew +19% organically to $1,294 million[25] - Field Systems revenue was $359 million, with +6% organic growth; ARR grew +25% organically to $358 million[28] - Transportation & Logistics revenue was $123 million, with +5% organic growth, or +6% excluding January 1 term license revenue; ARR grew +7% organically to $459 million[32] FY25 Outlook (As-Adjusted) - The company maintains full-year revenue guidance of $335 billion to $345 billion, representing +45% to +75% total growth and +40% to +70% organic growth[36] - Annualized Recurring Revenue (ARR) is projected to grow +13% to +15% organically[36] - Non-GAAP operating margin is expected to be between 263% and 273%, with Adjusted EBITDA margin between 278% and 288%[36]
Trimble(TRMB) - 2025 Q1 - Earnings Call Presentation