Trimble Posts 2021 Revenue of $3.66B

Feb. 11, 2022

Trimble reported total revenue of $3.66 billion for 2021, up 16 percent over 2020 revenue. The buildings and infrastructure segment reported revenue of $1.43 billion, and geospatial reported revenue of $828.9 million.

It said annualized recurring revenue was up 9 percent to $1.41 billion, and up 12 percent on an organic basis.

Operating cash flow was $750 million, up 12 percent. GAAP net income was $492.7 million for 2021.

Trimble 2022 outlook

For the full year 2022, Trimble expects to report GAAP revenue between $3.95 billion and $4.05 billion.

Source: Trimble