Mark S. Peek
On May 26, 2026, Mark S. Peek notified the Board of Directors (the “Board”) of Trimble Inc. (the “Company”) that he has resigned from his role as a director of the Board, effective immediately.
Highest-materiality recent filing
Mark S. Peek resigned as director effective May 26, 2026; stepped down as Audit Committee Chair.
Trimble Q1 revenue $940M, non-GAAP EPS $0.79; raises FY2026 guidance
Record ARR $2.43B (+12% YoY); Q1 rev $939.9M (+12% organic). GAAP EPS $0.42, non-GAAP EPS $0.79.
Trimble Q4 rev $969.8M, GAAP EPS $0.65; FY26 guidance rev $3.81-3.91B
Q4 revenue $969.8M (-1% YoY, +4% organic); GAAP operating margin 22.3%, non-GAAP 32.3%.
Trimble enters new $1.25B revolving credit facility and authorizes $1.0B share repurchase
New unsecured revolver replaces prior facility; no loans outstanding at closing on Dec 4, 2025.
Trimble Q3 revenue $901M (+3% YoY), non-GAAP EPS $0.81; raises FY2025 guidance
Revenue $901.2M, up 3% YoY (10% organic); ARR record $2.31B, up 6% (14% organic).
Trimble Q2 2025: Record ARR $2.21B, beats expectations; raises full-year guidance
Revenue $875.7M (+1% YoY, +8% organic); non-GAAP EPS $0.71; GAAP EPS $0.37.
Trimble Q1 revenue $840.6M (-12% YoY); ARR hits record $2.18B; EPS beat
GAAP EPS $0.27, non-GAAP EPS $0.61; revenue down 12% YoY but up 2% organically.
Trimble receives Nasdaq deficiency notice for late 10-K filing; obtains lender waiver
Received Nasdaq deficiency notice on March 20, 2025 for delinquent 2024 Form 10-K filing.
Trimble Q4 revenue $983.4M, GAAP EPS $0.36, adj. EPS $0.89; $1B buyback; FY25 guidance
Q4 revenue $983.4M (+5% YoY, +17% organic); ARR $2.26B (+14% YoY).
Trimble obtains fifth waiver extending quarterly report deadline to Feb 10, 2025
Fifth Consent and Waiver extends Financial Reporting Deadline for Q1-Q3 2024 to February 10, 2025.
Fourth Consent and Waiver extends financial reporting deadline to Jan 10, 2025 for quarters ending Mar 29, Jun 28, Sep 27, 2024.
Trimble expects to file delinquent reports in ~2 weeks, no restatement; to resume share buybacks
Amended 2023 10-K and Q1-Q3 2024 10-Qs expected to be filed in approximately two weeks,
Trimble receives Nasdaq delisting notice for failure to file Q1-Q3 2024 10-Qs
Nasdaq staff determination received Nov 13 for non-compliance with Listing Rule 5250(c)(1); trading continues during appeal.
Trimble Q3 beats guidance; record ARR $2.19B, gross margin 68.5%; raises FY2024 outlook
Revenue $875.8M (-9% reported, +3% organic); GAAP EPS $0.16, non-GAAP EPS $0.70.
Trimble secures third waiver extending financial reporting deadline to Dec 10, 2024
Third consent and waiver extends deadline to Dec 10, 2024 for Q1, Q2, Q3 2024 financials.
Trimble sells global transpo telematics to Platform Science for 32.5% stake; $300M revenue
Trimble to divest global transportation telematics units; will hold 32.5% stake in expanded Platform Science.
Trimble receives Nasdaq deficiency notice for late Q2 10-Q; extension granted for Q1
Nasdaq notified Trimble on Aug 16 that it is not in compliance with Listing Rule 5250(c)(1) due to failure to timely file Q2 Form 10-Q (period ended June 28, 2024).
Q2 revenue $870.8M, down 12% YoY (organic +1%); GAAP EPS $5.34, non-GAAP EPS $0.62.
Second Consent and Waiver from lenders extends deadline for Q1 and Q2 2024 financial deliverables to October 11, 2024.
Trimble adjourns annual meeting to Aug 14 amid ongoing EY assessment; bylaw amendments adopted
Annual meeting adjourned from May 30 to August 14, 2024; proxies remain valid and record date unchanged.
Trimble receives Nasdaq deficiency notice over delayed Q1 2024 10-Q filing
Nasdaq issued notice on May 16, 2024 for non-compliance with Listing Rule 5250(c)(1) due to late 10-Q.
Trimble: Q1 revenue up 4%, record ARR; discloses new material weakness, delays 10-Q
Q1 revenue $953.3M (+4% YoY); GAAP EPS $0.23, non-GAAP EPS $0.64.
Trimble repays $1B term loan, terminates credit agreement with proceeds from AGCO/PTx deal
Repaid $1 billion aggregate principal under Term Loan Credit Agreement on April 1, 2024; agreement terminated.
Trimble and AGCO close joint venture PTx Trimble; AGCO pays $1.954B for 85% stake
Trimble contributed precision ag business + $8M cash; AGCO contributed JCA Technologies + $46M cash; purchase price $1.954B.
Trimble Q4 revenue $932.4M (+9% YoY), ARR $1.98B (+24%); FY2024 guidance $3.57-3.67B revenue
Q4 GAAP net income $63.0M ($0.25 EPS); non-GAAP net income $156.6M ($0.63 EPS).
Trimble appoints Phillip Sawarynski as CFO, effective end of May 2024
Annual base salary of $450,000; target bonus at 80% of base under Trimble OneBonus.
Trimble adds two directors, authorizes $800M share repurchase replacing prior $750M plan
Board expanded to 11; appointed Kara Sprague (F5 CPO) and Ron Nersesian (Keysight chairman) effective Feb 5, 2024.
Trimble Q3 2023: Revenue $957M, ARR $1.94B (+25% YoY), GAAP EPS $0.30, Non-GAAP $0.68
Revenue $957.3M, up 8% YoY (2% organic); record ARR $1.94B, up 25% YoY (13% organic).
Trimble CFO David Barnes to retire May 2024; Phil Sawarynski named successor
David Barnes will retire as CFO effective end of May 2024 after four years at Trimble.
Trimble sells precision agriculture business into JV with AGCO for $2B cash, retaining 15% stake
AGCO buys Common Units from Trimble for $2B in cash, then contributes JCA for 85% of the JV; Trimble retains 15%.
Trimble forms ag JV with AGCO; receives $2B cash, retains 15% stake
Trimble contributes precision ag business (ex-GNSS guidance); AGCO contributes JCA Technologies.
Trimble Q2 revenue $994M +6% YoY; record ARR $1.88B up 14% organic
Revenue $993.6M (+6% YoY; +3% organic); GAAP EPS $0.18, non-GAAP EPS $0.64.
Trimble Q1 revenue $915M (-8% YoY); record ARR $1.65B; updates FY guidance for Transporeon
GAAP EPS $0.52, non-GAAP EPS $0.72; record GAAP gross margin 61.3%, non-GAAP 64.2%.
On May 26, 2026, Mark S. Peek notified the Board of Directors (the “Board”) of Trimble Inc. (the “Company”) that he has resigned from his role as a director of the Board, effective immediately.
Phillip Sawarynski, age 51, will formally assume the role of the Company’s Chief Financial Officer, effective as of August 19, 2024.
David Barnes, the Company’s current Chief Financial Officer, has agreed to remain with the Company to lead its efforts in assisting Ernst & Young LLP (“EY”), the Company’s independent registered public accounting firm, as EY performs incremental audit procedures to complete its previously announced audit of the Company’s consolidated financial statements
On February 14, 2024, Ann Fandozzi notified the board of directors of Trimble Inc. (the “ Board ”) that she will be resigning from the Board, effective February 14, 2024.
Phillip Sawarynski, who currently serves as the Company’s Vice President of Corporate Development, Treasurer, and Managing Director and Co-Lead at Trimble Ventures, will become its new Chief Financial Officer effective at the end of May 2024.
appointed Kara Sprague and Ron Nersesian to serve as directors of the Company, effective as of February 5, 2024.
appointed Kara Sprague and Ron Nersesian to serve as directors of the Company, effective as of February 5, 2024.
The Company has named Phillip Sawarynski as Mr. Barnes's successor in that role.
On November 1, 2023, Trimble Inc. ( “Trimble” or the “Company” ) announced that Darryl R. Matthews, current Senior Vice President of the Company’s natural resources businesses, will be departing the Company at the end of 2023
In addition, on November 1, 2023, the Company announced that Jennifer K. Lin, the Company’s current Chief Platform Officer, who oversees the Company’s cloud platform strategy, will be departing the Company at the end of 2023
Steven W. Berglund will be retiring from the Company's Board of Directors.
On October 6, 2022, Mr. Manolis Kotzabasakis, Trimble Inc.'s Senior Vice President, Construction Enterprise Solutions, provided notice of resignation that he will be leaving the company, effective November 4, 2022.
Max materiality 0.90 · Median 0.65 · Most common event other_material