Adjusted EBITDA was $298.1M, 30.3% of revenue.
WESTMINSTER, CO, Feb 20, 2025 – Trimble Inc. announced financial results for the fourth quarter of 2024. Revenue for the fourth quarter of 2024 was $983.4M, up 12.3% compared to $875.8M for the third quarter of 2024. GAAP net income was $90.2M.
“Fiscal 2024 was a transformative year for Trimble. We simplified and focused the company through portfolio moves and re-segmentation. We also delivered for our customers while strengthening the company — as evidenced by record levels of software as a percent of total revenue, and record levels of ARR, gross margin and profitability,” said Rob Painter, president and CEO of Trimble. “We thank all of our Trimble colleagues for their dedication and hard work in 2024, and we look forward to further executing and progressing connect and scale in 2025 and beyond.”
A complete chart of the financial results is available here.
For more information about Trimble, visit trimble.com.
