Trimble Q3 Revenue Down 5% to $901M with $124M Profit

SUNNYVALE, CA, Nov 4, 2021 – Trimble Inc. announced financial results for the third quarter of 2021. Revenue for the third quarter of 2021 was $901.4M, down 4.6% compared to $945.2M for the second quarter of 2021. GAAP net income was $124M.

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)

“Trimble technology is transforming industries that support how we live, what we eat, how we move,” said Rob Painter, Trimble’s president and chief executive officer. “Growth in total revenue, annualized recurring revenue, and adjusted EBITDA in the third quarter demonstrate the value of our ongoing commitment to innovation for our end markets as they continue to digitize.”

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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