- Earnings per share (EPS) was $0.71, a 15% year-over-year increase and above guidance by $0.09.
- Free cash flow was strong at $90 million year-to-date despite a $277 million tax payment related to the agriculture divestiture.
- Gross margins expanded by 210 basis points to 70.6%, and EBITDA margins improved by 170 basis points to 27.4%.
- Leverage ratio stood at 1.4x, well below the long-term target of 2.5x.
- Operating income margins improved across segments: AECO at 30.4%, Field Systems at 30.8%, and Transportation and Logistics at 21.5%.
- Software and services accounted for 79% of revenue, with recurring revenue representing 63%.
- Trimble reported $876 million in revenue for Q2 2025, up 9% organically, with ARR reaching a record $2.21 billion, up 14% organically.
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Dafinchi