Trimble Inc Stock Price, News & Analysis

Trimble (NASDAQ: TRMB) has received a deficiency notification from Nasdaq on March 20, 2025, due to delayed filing of its 2024 Form 10-K annual report. The company has 60 calendar days to submit a compliance plan, with Nasdaq potentially granting an extension until July 2, 2025.

The delay stems from additional time required to prepare and file amendments to the 2023 Form 10-K and quarterly reports for the first three quarters of 2024, which were filed on January 16, 2025. Trimble maintains that the final 2024 Form 10-K financial results are expected to align with those announced in their February 19, 2025 press release.

The notification has no immediate impact on Trimble's listing or trading status on the Nasdaq Global Select Market. The company has expressed its intention to take necessary steps to regain compliance with Nasdaq's listing rules as soon as possible.

Trimble (NASDAQ: TRMB) has announced Kirby-Smith Machinery as the first Trimble Technology Outlet in the United States. This strategic partnership enables Kirby-Smith to directly sell and support Trimble's grade control technology for Komatsu, Takeuchi, and Hamm earthmoving equipment across Texas and Oklahoma.

The partnership introduces the Trimble Works Subscription, offering customers flexible monthly payments, upgrades, and maintenance support. This initiative is part of Trimble's expanded civil construction distribution strategy, aiming to improve accessibility to their technology across various machine manufacturers.

Trimble's grade control systems combine sensors, software, and automation features to enhance operator productivity, improve accuracy, reduce equipment wear, and lower fuel consumption. The solutions are currently available at select Kirby-Smith locations in Texas and Oklahoma.

Trimble (TRMB) has announced the 2025 versions of its structural software solutions: Tekla Structural Designer and Tekla Tedds. The updates focus on enhancing design collaboration and workflow optimization.

Key improvements include:

• Enhanced integration with SketchUp and Autodesk Revit for better architect-to-engineer collaboration
• Improved connectivity between Tekla Structures and Tekla Structural Designer for seamless data transfer
• Updated calculation libraries incorporating latest North American Loading and Steel Design codes
• New integration with Structural PANDA for rapid carbon assessments
• Enhanced masonry design capabilities for podium structures in North America
• Addition of Mexican environment supporting US codes with metric units
• Introduction of AI-powered Trimble Assistant for Tekla

The software updates will be available for download from March 12th, 2025, at download.tekla.com.

Trimble (TRMB) has announced the 2025 version of Tekla PowerFab, its steel fabrication management system, featuring significant workflow improvements. The update introduces enhanced integration between Tekla PowerFab and Tekla Structures, eliminating manual data transfer and reducing error probability.

Key improvements include:

• A new web-based interactive scheduling tool for multi-facility production planning
• Advanced bill of materials (ABM) workflow enhancements for better change management
• Simplified work package management with priority-based digital control
• New productivity dashboards for purchasing insights
• Integration of AI-powered Trimble Assistant for Tekla products

The software update focuses on streamlining detailer-to-fabricator collaboration and will be available for download from March 12th, 2025.

Trimble (TRMB) has unveiled Tekla Structures 2025, its flagship structural BIM software, featuring significant AI-powered enhancements and improved collaboration tools. The update introduces an AI Cloud Fabrication Drawing service for automated drawing creation and an AI-powered Trimble Assistant for product support.

Key improvements include the Tekla PowerFab Connector for seamless detailing and fabrication management, Live Collaboration service for real-time model-based review, and enhanced TrimBIM format support for efficient data exchange. The software also features improved field-to-office integration through the Trimble Reality Capture platform and enhanced Layout Manager functionality.

The 2025 version delivers enhanced drawing automation capabilities, improved property panes performance, and extended rebar detailing functionality. These updates aim to streamline workflows, reduce manual adjustments, and ensure compliance with company and regulatory standards. The software will be available for download from March 12th, 2025.

Trimble (TRMB) and Daimler Truck North America have announced the integration of Trimble Road Call with Freightliner Service Tracker to modernize truck maintenance processes. The integration addresses critical industry challenges, as fleet repairs typically affect 2.5-5% of vehicles daily, with maintenance costs rising 3.1% last year.

The new solution provides a unified interface connecting various service providers and OEMs' maintenance tools. Key features include synchronized equipment and repairs, real-time status updates, and instant visibility of repair orders. The system automatically synchronizes asset lists, repair orders, and appointment requests between fleet maintenance managers and Daimler technicians.

Available for Daimler customers using Trimble TMT Fleet Maintenance version 2023.2.3.817 and higher, the integration aims to reduce vehicle downtime and streamline communications, addressing the current 3-5 day average repair completion time when communications aren't digital.

Xona Space Systems and Trimble (TRMB) have announced a strategic collaboration to integrate Trimble correction services with Xona's PULSAR™ navigation service. The partnership aims to deliver high-precision positioning capabilities through a network of small satellites in low Earth orbit (LEO).

Initial satellite launches are scheduled for late 2026, with service commencement in 2027. The PULSAR service will provide secure, high-precision positioning for various applications including geospatial, low-power mass mobile, and IoT. The technology promises improved signal reception inside low-rise buildings and enhanced resistance to jamming and interference compared to current GNSS capabilities.

As part of this collaboration, Trimble Ventures has made an investment in Xona Space Systems. The integration aims to enhance the reliability of Trimble correction services delivery, particularly beneficial for users in areas with cell coverage, challenging sky visibility, and high-latitude regions.

Trimble (Nasdaq: TRMB) has announced SMS Equipment as its first Trimble Technology Outlet worldwide. This strategic partnership enables SMS Equipment to directly sell Trimble's grade control, site positioning systems, and correction services technology to customers using Komatsu, BOMAG, and Takeuchi equipment.

With over 40 locations across Canada and Alaska, SMS Equipment, one of the largest Komatsu dealers globally, will provide these solutions for dozers, excavators, compactors, and compact machines. The partnership is part of Trimble's evolving civil construction distribution strategy, aiming to expand access to their technology through authorized resellers.

Trimble's grade control systems combine sensors, software, and automation features to enhance operator productivity, improve accuracy, reduce equipment wear-and-tear, and lower fuel consumption. The solutions are currently available through SMS Equipment locations throughout Western Canada.

Trimble (TRMB) has announced a strategic collaboration with STMicroelectronics to deliver precise positioning solutions for automotive and IoT applications. The partnership combines Trimble's ProPoint® Go positioning engine with STMicroelectronics' new Teseo VI GNSS chipsets, offering centimeter-level accuracy for various applications including automotive navigation, ADAS, and robotics.

The integrated solution features quad-band GNSS support (L1, L2, L5, and E6) and Trimble's ASIL-C certified correction data, enhancing signal availability and accuracy in challenging environments like urban canyons. Key advantages include worldwide support with Trimble RTX®Fusion with IMU sensors, integrity protection, and mass-market scalability.

The joint solution will be showcased at the Mobile World Congress in Barcelona (March 3-6, 2025) and the Embedded World Conference in Nuremberg (March 11-13, 2025).