Trimble Inc. Files 2023 10-K, Details Revenue Segments
Ticker: TRMB · Form: 10-K · Filed: 2024-02-26T00:00:00.000Z
Sentiment: neutral
Topics: earnings, 10-K, financial-reporting
TL;DR
**Trimble's 2023 10-K is out, breaking down revenue into products and subscriptions, giving a clearer picture of their business model.**
AI Summary
Trimble Inc. filed its 10-K on February 26, 2024, for the fiscal year ended December 29, 2023. The filing indicates a shift in revenue reporting, distinguishing between Product and Subscription and Services segments. The company's business address is 10368 Westmoor Dr, Westminster, CO 80021, and its phone number is (720) 887-6100.
Why It Matters
This filing provides a detailed financial overview of Trimble Inc.'s performance, offering transparency to investors and stakeholders regarding its revenue streams and operational structure.
Risk Assessment
Risk Level: medium — The filing itself doesn't detail specific risks, but the shift in revenue segmentation could indicate business model changes that carry inherent risks and opportunities.
Key Players & Entities
- TRIMBLE INC. (company) — Filing company
- 0000864749 (company) — Central Index Key (CIK)
- 20231229 (date) — Conformed Period of Report
- 20240226 (date) — Filed As Of Date
- 10368 WESTMOOR DR (other) — Business Address Street 1
- WESTMINSTER (other) — Business Address City
- CO (other) — Business Address State
- 80021 (other) — Business Address Zip
- (720) 887-6100 (other) — Business Phone
FAQ
What is the Central Index Key (CIK) for TRIMBLE INC.?
The Central Index Key (CIK) for TRIMBLE INC. is 0000864749.
When was the conformed period of report for this 10-K filing?
The conformed period of report for this 10-K filing was 20231229.
What is the business address of TRIMBLE INC. as stated in the filing?
The business address of TRIMBLE INC. is 10368 WESTMOOR DR, WESTMINSTER, CO 80021.
What is the primary Standard Industrial Classification (SIC) for TRIMBLE INC.?
The primary Standard Industrial Classification (SIC) for TRIMBLE INC. is MEASURING & CONTROLLING DEVICES, NEC [3829].
When was this 10-K filing filed as of?
This 10-K filing was filed as of 20240226.
From the Filing
0000864749-24-000047.txt : 20240226 0000864749-24-000047.hdr.sgml : 20240226 20240226163546 ACCESSION NUMBER: 0000864749-24-000047 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 110 CONFORMED PERIOD OF REPORT: 20231229 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRIMBLE INC. CENTRAL INDEX KEY: 0000864749 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 942802192 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14845 FILM NUMBER: 24679511 BUSINESS ADDRESS: STREET 1: 10368 WESTMOOR DR CITY: WESTMINSTER STATE: CO ZIP: 80021 BUSINESS PHONE: (720) 887-6100 MAIL ADDRESS: STREET 1: 10368 WESTMOOR DR CITY: WESTMINSTER STATE: CO ZIP: 80021 FORMER COMPANY: FORMER CONFORMED NAME: TRIMBLE NAVIGATION LTD /CA/ DATE OF NAME CHANGE: 19930328 10-K 1 trmb-20231229.htm 10-K trmb-20231229 false 2023 FY 0000864749 P1Y P1Y P1Y P1Y P4Y P5Y P2Y P2Y P3Y http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent P2Y 184 0000864749 2022-12-31 2023-12-29 0000864749 2023-06-30 iso4217:USD 0000864749 2024-02-20 xbrli:shares 0000864749 2023-12-29 0000864749 2022-12-30 iso4217:USD xbrli:shares 0000864749 us-gaap:ProductMember 2022-12-31 2023-12-29 0000864749 us-gaap:ProductMember 2022-01-01 2022-12-30 0000864749 us-gaap:ProductMember 2021-01-02 2021-12-31 0000864749 trmb:SubscriptionAndServicesMember 2022-12-31 2023-12-29 0000864749 trmb:SubscriptionAndServicesMember 2022-01-01 2022-12-30 0000864749 trmb:SubscriptionAndServicesMember 2021-01-02 2021-12-31 0000864749 2022-01-01 2022-12-30 0000864749 2021-01-02 2021-12-31 0000864749 us-gaap:CommonStockMember 2021-01-01 0000864749 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 0000864749 us-gaap:RetainedEarningsMember 2021-01-01 0000864749 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 0000864749 us-gaap:ParentMember 2021-01-01 0000864749 us-gaap:NoncontrollingInterestMember 2021-01-01 0000864749 2021-01-01 0000864749 us-gaap:RetainedEarningsMember 2021-01-02 2021-12-31 0000864749 us-gaap:ParentMember 2021-01-02 2021-12-31 0000864749 us-gaap:NoncontrollingInterestMember 2021-01-02 2021-12-31 0000864749 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-02 2021-12-31 0000864749 us-gaap:CommonStockMember 2021-01-02 2021-12-31 0000864749 us-gaap:AdditionalPaidInCapitalMember 2021-01-02 2021-12-31 0000864749 us-gaap:CommonStockMember 2021-12-31 0000864749 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000864749 us-gaap:RetainedEarningsMember 2021-12-31 0000864749 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000864749 us-gaap:ParentMember 2021-12-31 0000864749 us-gaap:NoncontrollingInterestMember 2021-12-31 0000864749 2021-12-31 0000864749 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-30 0000864749 us-gaap:ParentMember 2022-01-01 2022-12-30 0000864749 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-30 0000864749 us-gaap:CommonStockMember 2022-01-01 2022-12-30 0000864749 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-30 0000864749 us-gaap:CommonStockMember 2022-12-30 0000864749 us-gaap:AdditionalPaidInCapitalMember 2022-12-30 0000864749 us-gaap:RetainedEarningsMember 2022-12-30 0000864749 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-30 0000864749 us-gaap:ParentMember 2022-12-30 0000864749 us-gaap:NoncontrollingInterestMember 2022-12-30 0000864749 us-gaap:RetainedEarningsMember 2022-12-31 2023-12-29 0000864749 us-gaap:ParentMember 2022-12-31 2023-12-29 0000864749 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 2023-12-29 0000864749 us-gaap:CommonStockMember 2022-12-31 2023-12-29 0000864749 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 2023-1