FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points. It also provides FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. The company offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.
Revenue of FARO Technologies, Inc. (FARO)
Revenue in 2023 (TTM): $358.83 M
According to FARO Technologies, Inc.'s latest financial reports the company's current revenue (TTM) is $358.83 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of FARO Technologies, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $358.83 M | $174.3 M | $-9,364,000 | $-54,062,000 | $-56,577,000 |
| 2022 | $345.77 M | $175.76 M | $-1,712,000 | $-21,651,000 | $-26,756,000 |
| 2021 | $337.81 M | $183.93 M | $12.26 M | $-8,561,000 | $-39,964,000 |
| 2020 | $303.77 M | $159.85 M | $-728,000 | $-30,773,000 | $629 K |
| 2019 | $381.77 M | $198.13 M | $-6,504,000 | $-61,014,000 | $-62,147,000 |
| 2018 | $403.63 M | $228.35 M | $23.36 M | $4.56 M | $4.93 M |
| 2017 | $360.92 M | $204.64 M | $22.42 M | $5.83 M | $-14,516,000 |
| 2016 | $325.58 M | $177.96 M | $27.15 M | $12.63 M | $11.11 M |
| 2015 | $317.55 M | $167.68 M | $24.34 M | $12.81 M | $12.81 M |
| 2014 | $341.83 M | $188.91 M | $44.96 M | $37.52 M | $33.65 M |
| 2013 | $291.78 M | $161.89 M | $37.22 M | $28.86 M | $21.51 M |
| 2012 | $273.4 M | $149.62 M | $38.59 M | $30.94 M | $23 M |
| 2011 | $254.16 M | $143.69 M | $39.67 M | $31.71 M | $23.38 M |
| 2010 | $191.78 M | $113.4 M | $23.36 M | $14.22 M | $11.07 M |
| 2009 | $147.7 M | $80.71 M | $-5,206,000 | $-10,158,000 | $-10,582,000 |
| 2008 | $209.25 M | $125.23 M | $25.74 M | $18.36 M | $13.95 M |
| 2007 | $191.62 M | $115.04 M | $22.46 M | $23.04 M | $18.09 M |
| 2006 | $152.41 M | $89.46 M | $12.01 M | $9.78 M | $8.2 M |
| 2005 | $125.59 M | $72.93 M | $14.49 M | $9.9 M | $8.18 M |
| 2004 | $97.02 M | $60 M | $16.56 M | $15.29 M | $14.93 M |
| 2003 | $71.79 M | $42.27 M | $8.32 M | $9.44 M | $8.28 M |
| 2002 | $46.25 M | $25.14 M | $-1,263,290 | $-1,804,831 | $-2,015,571 |
| 2001 | $35.11 M | $20.81 M | $-2,775,165 | $-2,506,226 | $-2,847,964 |
| 2000 | $40.45 M | $25.7 M | $1.93 M | $464.2 K | $39.52 K |
| 1999 | $33.11 M | $18.94 M | $52.67 K | $-8,516,286 | $-7,394,822 |
| 1998 | $27.5 M | $16.4 M | $2.5 M | $-4,400,000 | $-4,900,000 |
| 1997 | $23.5 M | $13.9 M | $4.7 M | $5.3 M | $3.2 M |
| 1996 | $14.6 M | $8.1 M | $2.9 M | $2.5 M | $1.4 M |