Trimble: A Growth Stock Defying Headline Numbers with Recurring Revenue Momentum
Trimble (TRMB 2.54%) transcends its industrial positioning hardware roots to emerge as a software-driven growth story. Annualized recurring revenue (ARR) climbing at 13%-15% in 2025 eclipses Wall Street's muted top-line projections, signaling structural transformation.
The company's workflow optimization tools—tracking construction materials or managing freight logistics in real time—convert physical operations into data streams. This shift from hardware sales to SaaS models fuels negative working capital and sub-1% capex intensity, amplifying free cash FLOW potential.