UFP Technologies, Inc. designs and custom manufactures components, subassemblies, products, and packaging utilizing specialized foams, films, and plastics primarily for the medical market. Its single-use and single-patient devices and components are used in a range of medical devices, disposable wound care products, infection prevention, minimally invasive surgery, wearables, orthopedic soft goods, and orthopedic implant packaging. The company also provides engineered products and components to customers in the automotive, aerospace and defense, consumer, electronics, and industrial markets, which are applied in military uniform and gear components, automotive interior trim, athletic padding, environmentally protective packaging, air filtration, abrasive nail files, and protective cases and inserts. It markets and sells its products in the United States principally through a direct sales force, as well as independent manufacturer representatives. The company was founded in 1963 and is headquartered in Newburyport, Massachusetts.
Revenue of UFP Technologies, Inc. (UFPT)
Revenue in 2023 (TTM): $400.07 M
According to UFP Technologies, Inc.'s latest financial reports the company's current revenue (TTM) is $400.07 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 UFP Technologies, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $400.07 M | $112.23 M | $72.74 M | $53.9 M | $44.92 M |
| 2022 | $353.79 M | $90.26 M | $56.35 M | $52.72 M | $41.79 M |
| 2021 | $206.32 M | $51.11 M | $30.04 M | $21.21 M | $15.89 M |
| 2020 | $179.37 M | $44.68 M | $25.46 M | $16.28 M | $13.37 M |
| 2019 | $198.38 M | $53.96 M | $32.88 M | $23.65 M | $19.75 M |
| 2018 | $190.46 M | $48.31 M | $28.49 M | $18.4 M | $14.31 M |
| 2017 | $147.84 M | $35.49 M | $17.4 M | $11.86 M | $9.21 M |
| 2016 | $146.13 M | $34.65 M | $18.02 M | $12.32 M | $7.97 M |
| 2015 | $138.85 M | $37.45 M | $18.29 M | $11.74 M | $7.59 M |
| 2014 | $139.31 M | $36.88 M | $17.41 M | $11.77 M | $7.56 M |
| 2013 | $139.22 M | $40.65 M | $21.49 M | $17.19 M | $11.28 M |
| 2012 | $130.96 M | $38.19 M | $19.59 M | $16.57 M | $10.9 M |
| 2011 | $127.24 M | $36.24 M | $17.66 M | $15.69 M | $10.35 M |
| 2010 | $120.77 M | $34.62 M | $17.37 M | $14.43 M | $9.25 M |
| 2009 | $99.23 M | $26.72 M | $11.08 M | $8.8 M | $5.93 M |
| 2008 | $110.03 M | $28.56 M | $11.47 M | $8.11 M | $5.12 M |
| 2007 | $93.6 M | $22.81 M | $10.06 M | $6.74 M | $4.16 M |
| 2006 | $93.75 M | $19.24 M | $8.11 M | $4.01 M | $2.51 M |
| 2005 | $83.96 M | $14.6 M | $5.11 M | $867.3 K | $659.09 K |
| 2004 | $68.62 M | $13.97 M | $4.65 M | $1.36 M | $871.26 K |
| 2003 | $60.9 M | $10.72 M | $2.6 M | $-2,355,052 | $-1,515,729 |
| 2002 | $61.19 M | $12.11 M | $3.15 M | $-377,120 | $-233,795 |
| 2001 | $61.57 M | $10.92 M | $559.7 K | $-4,754,406 | $-3,043,438 |
| 2000 | $74.49 M | $20.7 M | $6.47 M | $2 M | $1.08 M |
| 1999 | $58.8 M | $17.2 M | $5.6 M | $2.8 M | $1.7 M |
| 1998 | $47.2 M | $15 M | $5.1 M | $2.7 M | $1.6 M |
| 1997 | $45.5 M | $14.1 M | $4.8 M | $2.3 M | $1.3 M |
| 1996 | $39.4 M | $11.5 M | $3.7 M | $1.7 M | $1.3 M |
| 1995 | $34.1 M | $9.4 M | $2.4 M | $700 K | $900 K |
| 1994 | $31.9 M | $7.8 M | $-100,000 | $-2,200,000 | $-2,500,000 |
| 1993 | $30.5 M | $7.4 M | $1.4 M | $400 K | $-200,000 |
| 1992 | $29.2 M | $7 M | $1.6 M | $300 K | $200 K |
| 1991 | $28.1 M | $7 M | $1.8 M | $600 K | $200 K |