AI English summary of an SEC filing — figures as filed
Trimble TRMBTrimble said annualized recurring revenue at the end of Q2 2025 was $2,210.4 million, representing growth of 5% year-over-year, and organic ARR growth, excluding the impact of foreign currency, acquisitions, and divestitures, was 13%.
Key points
AI summaryTrimble said annualized recurring revenue at the end of Q2 2025 was $2,210.4 million, representing growth of 5% year-over-year, and organic ARR growth, excluding the impact of foreign currency, acquisitions, and divestitures, was 13%.
The company said it completed the sale of its Mobility business to Platform Science on February 8, 2025 in exchange for equity ownership interests with a fair value of $253.9 million, and following the closing of the transaction, it owns or has rights to acquire 32.5% of Platform Science's expanded business.
The company said the remaining proceeds from the $1.9 billion Ag divestiture proceeds, after 2024 use, were used in 2025 to repurchase stock and to pay the final tax payment of $277.4 million for the Ag divestiture, which was made during Q2 2025. Stock repurchases in the first 2025 were $677.4 million.
The company said its effective income tax rate for Q2 2025 was 21.3%, compared to 25.3% in the corresponding period in the prior year. It also said that the permanent repeal of the domestic R&D capitalization requirement under the OBBBA is expected to result in cash tax reductions of approximately $32 million in 2025 and approximately $80 million in subsequent years.
Key figures
Quarter ended July 4, 2025
- Revenue
- $876M
- Operating income
- $128M
- Net income
- $89M
- EPS
- $0.37
- Gross profit
- $598M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q2 2025 ARR $2,210.4 million
Trimble said annualized recurring revenue at the end of Q2 2025 was $2,210.4 million, representing growth of 5% year-over-year, and organic ARR growth, excluding the impact of foreign currency, acquisitions, and divestitures, was 13%.
Source · Based on the MD&A text of the filing
Mobility Divestiture and Platform Science Equity $253.9 million
The company said it completed the sale of its Mobility business to Platform Science on February 8, 2025 in exchange for equity ownership interests with a fair value of $253.9 million, and following the closing of the transaction, it owns or has rights to acquire 32.5% of Platform Science's expanded business.
Source · Based on the MD&A text of the filing
Ag Divestiture Tax Payment and Stock Repurchases
The company said the remaining proceeds from the $1.9 billion Ag divestiture proceeds, after 2024 use, were used in 2025 to repurchase stock and to pay the final tax payment of $277.4 million for the Ag divestiture, which was made during Q2 2025. Stock repurchases in the first 2025 were $677.4 million.
Source · Based on the MD&A text of the filing
Q2 Effective Tax Rate 21.3% and OBBBA Cash Tax Reduction
The company said its effective income tax rate for Q2 2025 was 21.3%, compared to 25.3% in the corresponding period in the prior year. It also said that the permanent repeal of the domestic R&D capitalization requirement under the OBBBA is expected to result in cash tax reductions of approximately $32 million in 2025 and approximately $80 million in subsequent years.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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