STOCK TITAN

Trimble Inc - TRMB STOCK NEWS

Welcome to our dedicated page for Trimble news (Ticker: TRMB), a resource for investors and traders seeking the latest updates and insights on Trimble stock.

Overview of Trimble Inc

Trimble Inc (TRMB) is a global technology solutions provider that seamlessly connects the physical and digital worlds through advanced positioning, modeling, connectivity and data analytics. With a broad portfolio covering hardware, software and services, Trimble delivers integrated solutions that drive enhanced productivity, quality, safety, transparency and sustainability for professionals across multiple industries.

Core Business Areas

At its core, Trimble transforms workflows by providing purpose-built products and enterprise lifecycle solutions that serve diverse sectors such as construction, geospatial, agriculture, transportation and logistics. The company’s reportable segments include Buildings and Infrastructure—which caters to architects, engineers and construction professionals—Geospatial, Resources and Utilities, and Transportation. Each business unit is designed to optimize operational efficiency by leveraging cutting-edge technologies and sophisticated data analytics.

Innovative Technologies and Solutions

Trimble has established a reputation for integrating digital innovations with traditional industry practices. Its solutions include:

  • Positioning and Modeling: Tools that accurately map and model real-world environments.
  • Connectivity and Data Analytics: Platforms that enable real-time insights, secure data exchanges and collaborative workflows across job sites and offices.
  • Reality Capture: Advanced systems using 3D laser scanning, mobile mapping and aerial vehicles to digitize physical assets for improved project management.
  • Fleet Management and Telematics: Solutions that enhance vehicle tracking, navigation and fleet efficiency through integrated in-cab technology.

Market Position and Competitive Landscape

Serving customers in over 140 countries, Trimble’s global network of dealers and distribution partners ensures its advanced solutions are accessible worldwide. Its ability to integrate complex systems—from construction workflow management to advanced analytics—positions Trimble as a significant player among peers in digital transformation. Trimble’s strategy emphasizes empowering professionals with interoperable solutions that integrate seamlessly with a range of third-party systems and proprietary software, ensuring that every link in the workflow is optimized for maximum return on investment and operational efficiency.

Operational Excellence and Industry Expertise

With deep industry expertise, Trimble supports a variety of client segments through its connected ecosystem, where cloud-based platforms and analytical tools foster enhanced decision-making. This ecosystem includes elements like integrated project management software for construction, mobile solutions for field workforce connectivity and advanced AI-driven capabilities that streamline data capture and analysis. The company is known for its commitment to maintaining data integrity and securing collaboration platforms, making its solutions robust and reliable.

Enhanced Collaboration and Digital Transformation

Trimble’s offerings are not merely about technology adoption; they focus on transforming traditional workflows into highly efficient, interconnected processes that span from design to on-site execution and post-construction management. This digital transformation is evident in solutions like the cloud-based common data environment, which facilitates the secure sharing and processing of massive datasets, as well as innovative initiatives that incorporate artificial intelligence to automate repetitive tasks and enhance the creative process in design and construction.

Broader Industry Impact

Beyond the core segments, Trimble’s diverse range of digital tools supports industries with critical operational challenges. Whether it is through enhancing visibility in freight transportation markets or enabling real-time data accessibility on the job site, Trimble’s technology is fundamental to modernizing industries. By connecting physical assets with digital environments, Trimble leads its customers towards higher efficiency, better safety standards and improved project outcomes.

This comprehensive approach, underpinned by decades of expertise and continuous technological innovation, positions Trimble Inc as a respected and trusted provider in the global marketplace, making it a cornerstone for professionals seeking to optimize their operational workflows without compromising on quality or safety.

Rhea-AI Summary
Trimble Inc. (NASDAQ: TRMB) announced record annualized recurring revenue of $1.88 billion, up 14 percent organically, and second quarter total revenue of $994 million, up 6 percent year-over-year. GAAP gross margin was 60.8 percent, and non-GAAP gross margin was 64.2 percent. The company's Connect and Scale strategy drove these results, enhancing productivity and sustainability for its customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
Tags
-
Rhea-AI Summary
Trimble (NASDAQ: TRMB) announces Mark Gallagher as the keynote speaker for its 2023 Trimble Dimensions Conference, featuring three days of education, innovation, and networking. The conference will take place from November 6-8, 2023, at The Venetian in Las Vegas, showcasing insights into data, innovation, and technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
Rhea-AI Summary
Trimble (TRMB) launches LIMS PRO, a cloud-hosted version of its Log Inventory and Management System, aimed at improving operational visibility for small- and medium-sized forest product companies. The software streamlines contracts, receiving, inventory, and settlement processes, and provides a complete picture of operations from forest to sawmill. LIMS PRO simplifies the process for sawmills, reducing processing errors and truck turn times.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.06%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
Rhea-AI Summary

Trimble has initiated the construction of a 1.7-megawatt solar array at its headquarters in Westminster, Colorado, projected to offset more than 100% of the campus's energy consumption. This project is intended to meet approximately 6-7% of Trimble's total global electricity demand, estimated at 2,570,000 kilowatt hours annually. In line with its sustainability goals, the company aims to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030 and achieve 100% renewable electricity sourcing by 2025. The project, facilitated in collaboration with Namaste Solar, will also feature a solar carport with 49 electric vehicle charging stations and is expected to create over 50 green jobs. Overall, Trimble's initiative supports its commitment to environmental sustainability and renewable energy innovation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
none

FAQ

What is the current stock price of Trimble (TRMB)?

The current stock price of Trimble (TRMB) is $58.22 as of April 11, 2025.

What is the market cap of Trimble (TRMB)?

The market cap of Trimble (TRMB) is approximately 14.5B.

What core industries does Trimble serve?

Trimble serves a wide range of industries including construction, geospatial, transportation, agriculture, and utilities, by providing technology solutions that connect physical and digital workflows.

How does Trimble generate its revenue?

Trimble generates revenue through a diverse portfolio encompassing hardware, software, and subscription-based services, addressing needs from enterprise lifecycle solutions to field asset management.

What is Trimble’s value proposition?

Trimble’s value lies in integrating precise positioning, advanced modeling, and real-time data analytics to improve productivity, safety, and sustainability across various industries.

How does Trimble support digital transformation?

Trimble leverages cloud-based platforms, AI-enhanced tools, and connectivity solutions to transform traditional workflows into efficient digital ecosystems, enabling better decision making and collaboration.

What are the major business segments of Trimble?

Trimble operates through key segments such as Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation, each designed to address specific market challenges.

How does Trimble's technology improve field operations?

By integrating cutting-edge reality capture, telematics, and mobile connectivity, Trimble’s solutions enable seamless data transfer from the job site to the office, enhancing operational efficiency and safety.

In what ways is Trimble leveraging AI in its solutions?

Trimble incorporates AI to automate data capture, enhance point cloud analysis, enable predictive analytics and streamline repetitive tasks, ultimately boosting workflow efficiency.

How does Trimble maintain a competitive edge in its market?

Trimble’s competitive advantage is rooted in its comprehensive, integrated ecosystem, global presence and continuous innovation, which together enhance customer ROI and operational excellence.
Trimble Inc

Nasdaq:TRMB

TRMB Rankings

TRMB Stock Data

14.46B
244.91M
0.35%
96.65%
1.2%
Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
Link
United States
WESTMINSTER