Trimble (TRMB) Stock News

Trimble (NASDAQ: TRMB) announced that the Colorado Department of Transportation (CDOT) will implement its Trimble Unity™ software suite for asset lifecycle management. The implementation will support up to 1,200 CDOT employees in managing over 26,000 lane miles of roads, 3,000 bridges, and 50 rest areas, along with thousands of additional infrastructure assets.

The software suite, featuring integrated Esri® ArcGIS® technology, will help CDOT streamline processes, improve team connectivity, and enhance data analysis capabilities. Trimble Certified Services Partner, Woolpert, will assist with implementation and training, with an initial rollout to 1,000 employees.

Trimble (NASDAQ:TRMB) and Hyundai Construction Equipment have announced the global availability of a Trimble Ready® 3D option for the new line of Hyundai HD130A bulldozers. This follows the North American release in late 2024. The factory-equipped Trimble Ready kit enables easy installation of the Trimble Earthworks grade control platform on both HD130A XL and HD130A LGP models.

The integration allows for automatic blade position adjustment and puts project design directly in the dozer cab, enhancing operator efficiency regardless of skill level. The collaboration includes plans for developing operator assist features and increased focus on cloud collaboration, with support provided through Trimble's SITECH® dealer network.

Trimble (NASDAQ:TRMB) announced key leadership changes, with Chief Accounting Officer (CAO) Julie Shepard retiring in early 2026 after 18 years of service. Kenny Bement will succeed as the new CAO effective September 2025, bringing over 20 years of financial expertise, including experience at FASB and various companies.

Additionally, Jim Palermo joins as Chief Information Officer (CIO), a new position created to support Trimble's Connect and Scale digital transformation. Palermo previously served as CIO at Red Hat, where he led SaaS business model transformation.

Trimble (NASDAQ:TRMB) reported strong second quarter 2025 results, with revenue reaching $875.7 million, up 1% year-over-year and 8% organically. The company achieved record annualized recurring revenue (ARR) of $2.21 billion, representing a 5% increase year-over-year and 13% organic growth.

Key financial metrics include GAAP operating income of $127.8 million (14.6% of revenue), non-GAAP operating income of $222.6 million (25.4% of revenue), and adjusted EBITDA of $239.9 million (27.4% of revenue). The company reported GAAP EPS of $0.37 and non-GAAP EPS of $0.71.

Following strong performance, Trimble raised its full-year 2025 guidance, projecting revenue between $3,480-$3,560 million and non-GAAP EPS of $2.90-$3.06. The company also completed a $50.0 million share repurchase in Q2, with year-to-date repurchases totaling $677.4 million.

Trimble (Nasdaq: TRMB) has scheduled its second quarter 2025 earnings conference call for Wednesday, August 6, 2025 at 8 a.m. ET. The presentation will be accessible through a live webcast on the company's investor relations website. Interested participants who want to join via phone must first register at the provided link to receive dial-in details.

Trimble (NASDAQ:TRMB) has announced APEX Technologies, a division of McCoy Construction & Forestry, as its newest Trimble Technology Outlet. Based in Dubuque, Iowa, APEX will sell Trimble's grade control systems, site positioning systems, and correction services technology to customers using John Deere construction equipment and various attachments.

The partnership includes access to the Trimble Works Subscription, offering monthly payment options and maintenance benefits. As an authorized reseller, APEX will provide installation, service, and training across McCoy's footprint, supporting Trimble's strategy to expand its civil construction distribution network and improve accessibility to technology for mixed fleet operators.

Trimble (Nasdaq: TRMB) and KT Corporation (NYSE: KT) have announced a strategic collaboration to provide precise positioning services across South Korea using the Trimble RTX Fast network. The partnership will deliver bundled telecom, correction, and precise positioning services offering centimeter-level accuracy for automotive OEMs and IoT companies.

The collaboration leverages KT's extensive network infrastructure throughout Korea and Trimble's RTX Fast network, which currently covers over seven million square miles globally. The service will support advanced applications including ADAS, V2X capabilities, smart city infrastructure, advanced field robotics, and software-defined vehicles.

Trimble (NYSE:TRMB) and TDK's InvenSense have announced a strategic collaboration to deliver an advanced navigation solution combining Trimble ProPoint Go engine and RTX correction service with TDK's SmartAutomotive IMUs module.

The integrated solution features quad-frequency GNSS signal support and ASIL-C certified correction data, delivering superior positioning accuracy in all conditions. TDK's IMUs provide high-performance six-axis motion sensing in a compact, low-power format, with components suitable for applications up to ASIL-D safety requirements.

This partnership aims to enhance automated driving capabilities and IoT applications, including autonomous vehicles, drones, and industrial machinery, with a focus on accuracy, reliability, and safety.

Trimble (NASDAQ: TRMB) has launched Trimble Materials, a comprehensive software solution for construction material procurement and management. The solution integrates with Trimble ERP solutions including Viewpoint Spectrum and Viewpoint Vista, offering end-to-end purchasing, inventory, and accounts payable capabilities. The platform connects office staff, field teams, warehouse teams, and suppliers to streamline the entire materials management process. Key features include material ordering, inventory tracking, budget monitoring, and accounting integration. Field users can search for materials, view inventory, and communicate with the office, while office users can control orders, generate RFQs, and analyze spending. The solution will be available as part of the Trimble Construction One software suite for North American contractors.