---
schema_version: "secwatch.filing_event.v1"
accession: "0000864749-23-000171"
form_type: "8-K"
ticker: "TRMB"
cik: "0000864749"
company_name: "TRIMBLE INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T10:28:38.528611+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trimble Q2 revenue $994M +6% YoY; record ARR $1.88B up 14% organic

## Summary
- Revenue $993.6M (+6% YoY; +3% organic); GAAP EPS $0.18, non-GAAP EPS $0.64.
- Record annualized recurring revenue $1.88B (+24% YoY; +14% organic).
- GAAP gross margin 60.8%; non-GAAP 64.2%; adjusted EBITDA $251.5M (25.3% of revenue).
- Q3 2023 guidance: revenue $945M-$985M, GAAP EPS $0.20-$0.27, non-GAAP EPS $0.56-$0.64.
- FY2023 guidance: revenue $3,845M-$3,925M, GAAP EPS $1.22-$1.37, non-GAAP EPS $2.57-$2.73.

## SEC filing metadata
- accession: 0000864749-23-000171
- form_type: 8-K
- ticker: TRMB
- cik: 0000864749
- company_name: TRIMBLE INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/864749/000086474923000171/0000864749-23-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/864749/000086474923000171/trmb-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000864749-23-000171
- JSON: https://secwatch.observer/filing/0000864749-23-000171.json
- Plain text: https://secwatch.observer/filing/0000864749-23-000171.txt

## Key facts
- Earnings Releases
  TRIMBLE INC. reported Full-year 2023 results: revenue revenue between $3,845 million and $3,925 million, EPS GAAP EPS of $1.22 to $1.37, and non-GAAP EPS of $2.57 to $2.73.
  - Period: Full-year 2023
  - Revenue: revenue between $3,845 million and $3,925 million
  - EPS: GAAP EPS of $1.22 to $1.37, and non-GAAP EPS of $2.57 to $2.73
  - Result: guidance update
  source text: For the full-year 2023, Trimble now expects to report revenue between $3,845 million and $3,925 million, GAAP EPS of $1.22 to $1.37, and non-GAAP EPS of $2.57 to $2.73.
  evidence_url: https://www.sec.gov/Archives/edgar/data/864749/000086474923000171/0000864749-23-000171-index.htm
- Earnings Releases
  TRIMBLE INC. reported Second Quarter 2023 results: revenue Revenue of $993.6 million, net income GAAP net income was $44.6 million and non-GAAP net income was $159.0 million, EPS Diluted earnings per share ("EPS") was $0.18 on a GAAP basis and $0.64 on a non-GAAP basis.
  - Period: Second Quarter 2023
  - Revenue: Revenue of $993.6 million
  - Net income: GAAP net income was $44.6 million and non-GAAP net income was $159.0 million
  - EPS: Diluted earnings per share ("EPS") was $0.18 on a GAAP basis and $0.64 on a non-GAAP basis
  - Result: reported results
  source text: Trimble Inc. (NASDAQ: TRMB) today announced financial results for the second quarter of 2023. Second Quarter 2023 Financial Highlights • Revenue of $993.6 million, up 6 percent on a year-over-year basis, up 3 percent year-over-year on an organic basis • Annualized recurring revenue ("ARR") was $1.88 billion, up 24 percent year-over-year, up 14 percent on an organic basis • GAAP operating income was $93.6 million and non-GAAP operating income was $231.0 million • GAAP net income was $44.6 million and non-GAAP net income was $159.0 million • Diluted earnings per share ("EPS") was $0.18 on a GAAP basis and $0.64 on a non-GAAP basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/864749/000086474923000171/0000864749-23-000171-index.htm
- Earnings Releases
  TRIMBLE INC. reported Third quarter of 2023 results: revenue revenue between $945 million and $985 million, EPS GAAP EPS of $0.20 to $0.27, and non-GAAP EPS of $0.56 to $0.64.
  - Period: Third quarter of 2023
  - Revenue: revenue between $945 million and $985 million
  - EPS: GAAP EPS of $0.20 to $0.27, and non-GAAP EPS of $0.56 to $0.64
  - Result: guidance update
  source text: For the third quarter of 2023, Trimble expects to report revenue between $945 million and $985 million, GAAP EPS of $0.20 to $0.27, and non-GAAP EPS of $0.56 to $0.64.
  evidence_url: https://www.sec.gov/Archives/edgar/data/864749/000086474923000171/0000864749-23-000171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.