Trimble
26 named things its latest annual report says its results depend on, each in the company's own words. 11 of them are also named by other companies we've read.
Suppliers
Jabil
depends onnamed as a riskWe outsource the manufacturing of many of our hardware products to our key contract manufacturing partners, which include Jabil and Benchmark Electronics Inc.Business (Item 1)
Benchmark Electronics Inc.
depends onnamed as a riskWe outsource the manufacturing of many of our hardware products to our key contract manufacturing partners, which include Jabil and Benchmark Electronics Inc.Business (Item 1)
Partners and platforms
AGCO Corporation
15% stakenamed as a riskIn April 2024, we contributed our precision agriculture business (“Ag”), excluding certain Global Navigation Satellite System (“GNSS”) and guidance technologies, to a JV with AGCO, of which we retained a 15% stake.Risk factors (Item 1A)
Also named by DE
Caterpillar
depends onnamed as a riskSince these strategic relationships contribute to significant ongoing business in certain of our important markets, changes or disruptions in these relationships could adversely affect our sales.Risk factors (Item 1A)
Nikon
depends onnamed as a riskOur joint venture with Nikon focuses on the design and manufacture in Japan of surveying instruments including mechanical total stations and related products.Business (Item 1)
Hilti
depends onnamed as a riskWe also maintain a joint venture with Hilti, which focuses on the joint development of measuring solutions for the building construction trades and integrating data for construction management.Business (Item 1)
Other companies
Platform Science, Inc.
32.5% of Platform Science’s expanded business with an approximate fair value of $253.9 millionnamed as a riskOn February 8, 2025, we completed the sale of our global transportation telematics (“Mobility”) business to Platform Science, Inc. (“Platform Science”) resulting in our ownership, or rights to acquire ownership of 32.5% of Platform Science’s expanded business with an approximate fair value of $253.9 million.Business (Item 1)
Places
Europe
earns from · Approximately half of our revenuenamed as a riskHistorically, the majority of our revenue contracts are denominated in U.S. Dollars, with the most significant exception being Europe, where we invoice primarily in Euro.Risk factors (Item 1A)
Also named by ADSK, AME, AMRC, ATR, BCSF, BKNG, BMI, BMY and 60 more
Dayton, Ohio
operates inWe manufacture our optics-based products, as well as some of our GPS products, at our plants in Dayton, Ohio and Danderyd, Sweden.Business (Item 1)
Also named by AXGN
Danderyd, Sweden
operates inWe manufacture our optics-based products, as well as some of our GPS products, at our plants in Dayton, Ohio and Danderyd, Sweden.Business (Item 1)
Hazards
Solar storms
named as a riskIn addition, natural phenomena such as solar storms, software updates to GPS satellites and ground control segments, and infrequent known constellation-related events, such as GPS week number rollover, may adversely affect our products and customers.Risk factors (Item 1A)
Commodities and inputs
Euro
exposed to its price · revenue was favorably impacted by $22.8 million, and operating income was unfavorably impacted by $4.1 millionnamed as a riskWe operate in international markets that expose us to market risk associated with foreign currency exchange rate fluctuations between the U.S. Dollar and various foreign currencies, the most significant of which is the Euro.Market risk (Item 7A)
Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more
Electronic components
depends onnamed as a riskIn addition, substantial increases in demand for certain commodities and components by major AI companies, who are able to pay high prices and acquire significant portions of the available supply, have made it difficult and more expensive to obtain certain commodities and components, and such challenges could continue unless there are increases in supply or decreases in demand by such companies for the affected commodities and components.Risk factors (Item 1A)
Also named by GGG, HUBB, JOUT, LECO, MSA, NVT, ROK, SNA and 4 more
Regulators
Federal Communications Commission (FCC)
subject tonamed as a riskFor example, in 2020 the FCC approved a proposal by a private party to repurpose spectrum adjacent to the authorized GNSS bands for terrestrial wireless operations throughout the United States, which would have created harmful interference to GNSS receivers.Risk factors (Item 1A)
Also named by AIOT, AMT, ANET, ASTS, CCI, CMCSA, DIS, ECHO and 26 more
International Telecommunications Union (ITU)
subject tonamed as a riskAny ITU or local reallocation of radio frequency bands, including frequency band segmentation and sharing of spectrum, or other modifications of the permitted uses of relevant frequency bands, may materially and adversely affect the utility and reliability of our products and have significant adverse impacts on our customers, both of which could reduce demand for our products.Risk factors (Item 1A)
Laws and programs
General Data Protection Regulation (GDPR)
subject to · fines of up to 4% of global annual revenuenamed as a riskThese include the EU Data Act, Europe's General Data Protection Regulation (GDPR), which carries fines of up to 4% of global annual revenue, and a growing number of comprehensive state-level privacy laws in the U.S., including the California Privacy Rights Act (CPRA) and similar legislation in other states.Risk factors (Item 1A)
Also named by A, AB, ABNB, ADBE, ADP, AGX, AIOT, AJG and 100 more
OECD Pillar Two global minimum tax
subject to · minimum tax of 15%named as a riskThe Organization of Economic Cooperation and Development (“OECD”) introduced, and member countries agreed to, a framework that imposes a minimum tax of 15% to certain multinational enterprises.Risk factors (Item 1A)
Also named by ABNB, ACN, ADI, ADM, ADSK, AKAM, ALB, AMAT and 70 more
U.S. tariffs on imports
subject tonamed as a riskIn response to the imposition of significant new tariffs on the importation of goods from various countries, we have restructured our global fulfillment network, moving away from a largely centralized inventory in the U.S. to maintaining more commodity, component, and product inventory in several regions around the world.Risk factors (Item 1A)
Also named by AAP, ABT, ALLY, ATR, AZO, BBW, BWA, CMG and 19 more
U.S. export controls
subject tonamed as a riskMany of our products are subject to U.S. export law restrictions that limit the destinations and types of customers to which our products may be sold or that require an export license in connection with sales outside the United States.Risk factors (Item 1A)
Also named by ADI, DD, FLS, FTNT, HPE, MDB, NVT, PANW and 1 more
Nasdaq Listing Rule 5250(c)(1)
subject tonamed as a riskAs a result of the delayed filings, the Company had received notices from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic financial reports with the SEC.Risk factors (Item 1A)
Conformité Européenne (CE) certification
subject tonamed as a riskConformité Européenne (CE) certification is required for GNSS receivers and data communications products, which must also conform to the European harmonized GNSS receiver requirements and the radio equipment directive to be sold in the European community.Risk factors (Item 1A)
Technology
GPS
depends onnamed as a riskWe are dependent on the continued operation of GPS, which is one of the principal GNSS currently in operation.Risk factors (Item 1A)
GLONASS
depends onnamed as a riskFrom time to time, government officials and other interested parties have questioned whether continued use of the Russian GLONASS and Chinese BeiDou GNSS signals violates FCC rules and policies.Risk factors (Item 1A)
BeiDou
depends onnamed as a riskFrom time to time, government officials and other interested parties have questioned whether continued use of the Russian GLONASS and Chinese BeiDou GNSS signals violates FCC rules and policies.Risk factors (Item 1A)
Galileo
depends onnamed as a riskMany of our products use satellite signals available globally from the Russian GLONASS, China’s BeiDou, and the European Galileo GNSS Systems.Risk factors (Item 1A)
Wide Area Augmentation System
depends onnamed as a riskMany of our products also use signals from systems that augment GPS, such as the Wide Area Augmentation System and National Differential GPS System, and satellites transmitting signal corrections data on mobile satellite services frequencies utilized by our RTX corrections services.Risk factors (Item 1A)