Trimble Q2 Revenue Up 7% to $945M with $139M Profit

SUNNYVALE, CA, Aug 5, 2021 – Trimble Inc. announced financial results for the second quarter of 2021. Revenue for the second quarter of 2021 was $945.2M, up 6.6% compared to $886.5M for the first quarter of 2021. GAAP net income was $138.9M.

Comparative analysis based on Trimble’s financial results in the last 12 quarters (Result source Trimble website)

Comparative analysis based on Trimble’s financial results in the last 12 quarters (Result source Trimble website)

“Our second quarter results exceeded expectations,” said Rob Painter, Trimble’s president and chief executive officer. “Growth in total revenue, annualized recurring revenue, and adjusted EBITDA reflect increasing end market strength and execution of our Connect and Scale 2025 strategy.”

A complete chart of the financial results is available here.

About Trimble

Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming industries such as agriculture, construction, geospatial and transportation.

For more information about Trimble, visit www.trimble.com.

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