Slide 1: Third Quarter 2022 Results Summary
Trimble Inc. Third Quarter 2022 Results Summary © 2022 Trimble, Inc - All Rights Reserved - Confidential and Proprietary Information 1
Slide 2: Third quarter 2022 highlights
Third quarter 2022 highlights ● Strong ARR and gross margin performance, despite economic uncertainty ● Continued focus and execution on Connect & Scale strategy Key Messages ● Acquired Bid2Win and announced Bilberry acquisition ● Investor day held on September 7, 2022 - see link here ● 6% organic r
Slide 3: Trimble Dimensions 2022
Trimble Dimensions 2022 Record statistics: ● > 5,000 attendees ● > 70 sponsors ● > 400 content sessions Special Guest Apple Co-founder Steve Wozniak Featuring the Offsite Experience 3
Slide 4: Q3'22 Acquisition Update
Q3’22 Acquisition Update Bid2Win Overview Bilberry Overview ● Bid2Win is a leading provider of estimating and operations ● Create smart machines that help farmers dramatically software for the North America Civil Construction market reduce the amount of chemicals sprayed on crops - green on green se
Slide 5: Third quarter 2022 financial summary
Third quarter 2022 financial summary ● Organic revenue: +6% y/y $M, Except Per Share Third Quarter of ○ Total revenue: -2% y/y Non-GAAP Highlights 2021 2022 Y/Y Change ○ Currency translation: -4% Revenue $901.4 $884.9 -2% ○ Acquisitions: +1% Gross Margin % of Revenue 58.7% 60.9% +220 bps ○ Divestitu
Slide 6: Third quarter revenue by type and geography
Third quarter revenue by type and geography Recurring Revenue Streams Q3’2022 Revenue by Geography $ Billions Third Quarter of Rest of World Y/Y Y/Y $76m, +18% 2021 2022 Organic Change Asia-Pacific (+21% organic) Change Annualized Recurring $1.36 $1.55 +13% +16% $102m,-8% Revenue (+4% organic) Non-R
Slide 7: Financial metric highlights
Financial metric highlights Annualized recurring revenue Approx. $1.5B backlog ~$1.55B (+13% growth, +16% organic) TTM research & development $2.1B in TTM software, services 14.5% of TTM revenue and recurring revenue (>65% of R&D in software) Net working capital +8% Deferred <0% of TTM revenue Reven
Slide 8: Third quarter 2022 segment results
Third quarter 2022 segment results Q3’22 Q3’22 $M Revenue Non-GAAP Operating Q3’22 Commentary & Y/Y Growth Income $ / % $363.6, +4% ● Organic ARR growth >20% driven by organic growth and business model conversion Buildings & $96.7 (+12% organic, -3% FX, ● Double digit revenue growth at e-Builder, Vi
Slide 9: 2022 Outlook
2022 Outlook ● Key planning assumptions ○ Continued strong ARR growth ○ Fourth quarter hardware revenue down HSD organically reflecting dealer caution in select markets and improved supply chain execution ○ Outlook includes impact of recently announced divestitures, excludes impact of future acquisi
Slide 10: Forward-looking statements
Forward-looking statements Certain statements made in this presentation, and any subsequent Q&A period, are forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended, and are made pursuant to the safe harbor provisions of the Securities Litigatio