Trimble sees 3Q adj EPS 83c to 88c, est. 87c

Trimble Inc. (Nasdaq: TRMB) reported third-quarter 2025 non-GAAP earnings of 81 cents per share, surpassing the Zacks Consensus Estimate by 12.5% and increasing 15.7% year-over-year. The company’s adjusted earnings per share (EPS) for the quarter fell within the projected range of 83 cents to 88 cents, with the Zacks estimate at 87 cents. Trimble’s quarterly revenue of $901.2 million exceeded the Zacks Consensus Estimate by 3.41% and rose 3% year-over-year, with an organic growth rate of 10%.

The AECO (Architecture, Engineering, Construction, and Owners) segment contributed $358.5 million in revenue, reflecting a 17.2% year-over-year increase. Field Systems revenue reached $408.7 million, up 9.1% on a reported basis. In contrast, the Transportation & Logistics segment saw a 31.4% year-over-year decline in revenue.

Trimble’s non-GAAP gross margin expanded to 71.2%, up 280 basis points year-over-year. Adjusted EBITDA was $269.4 million, with a margin of 29.9%, reflecting a 160 basis point increase. The company also raised its full-year 2025 guidance, citing strong execution of its Connect & Scale strategy and record annualized recurring revenue of $2.31 billion.

Trimble’s share price currently stands at $58.55, with analysts estimating a fair value of $81.27, suggesting the stock is undervalued by approximately 28%. However, potential risks include persistent weak U.S. government spending and competitive pressures from AI-driven firms.