Trimble Posts Record Q2 with Strong Recurring Revenue, Boosts Full-Year Outlook

Trimble Posts Record Q2 with Strong Recurring Revenue, Boosts Full-Year Outlook

Westminster, Colo.-based Trimble TRMB -2.74%↓ reported second-quarter revenue of $875.7 million—an 8 percent increase on an organic basis—and delivered a record annualized recurring revenue (ARR) of $2.21 billion, reflecting 13 percent organic growth. Non‑GAAP earnings per share came in at $0.71, while adjusted EBITDA reached 27.4% of revenue.

The company also executed $50 million in share repurchases during the quarter. Building on strong momentum driven by its “Connect & Scale” strategy, Trimble raised its full-year 2025 revenue guidance to a range of $3.48 billion to $3.56 billion, with projected non‑GAAP EPS between $2.90 and $3.06, respectively. Such competitors as Deere & Company and Hexagon reported solid quarters as well, though none matched Trimble’s milestone ARR growth and expanded margins.

Additional operational highlights underscore Trimble’s robust performance across its core segments. The AECO (Architecture, Engineering, Construction, and Owners) division posted 16 percent organic growth in both revenue ($350 million) and ARR ($1.36 billion), with operating margins climbing sharply to 30.4 percent. Its Field Systems segment also performed strongly, with 17 percent organic ARR growth to $358 million and operating margins of 30.8 percent. While the Transportation & Logistics segment achieved 8 percent organic gains in both revenue and ARR, operating margins dipped due to residual costs from the Mobility divestiture.

u-blox Reports Strong 1st Half Growth

In other financial news:

• NextNav NN -8.31%↓ reported a second quarter loss of $17.2 million in the three months ended June 30, 2025, compared to $15.3 in the prior year period. On Aug. 1, 2025, the company filed a study with the FCC demonstrating that licensed tolling operations can coexist with 5G operations in the Lower 900 MHz band.