SUNNYVALE, Calif., — Trimble Inc. (TRMB) announced financial results for the third quarter of 2018.

Third Quarter 2018 Financial Summary

Third quarter 2018 GAAP revenue of $795.2 million was up 18% as compared to the third quarter of 2017. Third quarter 2018 non-GAAP revenue of $804.7 million was up 19% as compared to the third quarter of 2017.

Buildings and Infrastructure revenue was $295.8 million, up 36%. Geospatial revenue was $185.4 million, up 9%. Resources and Utilities revenue was $133.2 million, up 13%. Transportation revenue was $190.3 million, up 11%.

GAAP operating income was $77.4 million, up 17% as compared to the third quarter of 2017. GAAP operating margin was 9.7% of revenue as compared to 9.8% of revenue in the third quarter of 2017.

GAAP net income was $73.7 million, up 29% as compared to the third quarter of 2017.

Non-GAAP operating income of $167 million was up 32% as compared to the third quarter of 2017. Non-GAAP operating margin was 20.8% of revenue as compared to 18.7% of revenue in the third quarter of 2017.

Non-GAAP net income of $125.2 million was up 23% as compared to the third quarter of 2017.