FARO Technologies

FARO is the world’s most trusted source for 3D measurement technology. The Company develops and markets computer-aided measurement and imaging devices and software. Technology from FARO permits high-precision 3D measurement, imaging and comparison of parts and compound structures within production and quality assurance processes. The devices are used for inspecting components and assemblies, production planning, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. Worldwide, approximately 15,000 customers are operating more than 30,000 installations of FARO's systems. The Company's global headquarters is located in Lake Mary, Fla., its European head office in Stuttgart, Germany and its Asia/Pacific head office in Singapore. FARO has branches in Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Netherlands, India, China, Singapore, Malaysia, Vietnam, Thailand and Japan.
Company Growth (employees)
Lake Mary, US
Size (employees)
1,485 (est)+16%
FARO Technologies was founded in 1981 and is headquartered in Lake Mary, US

FARO Technologies Office Locations

FARO Technologies has offices in Lake Mary, Rugby, Warwick, Coventry and in 6 other locations
Lake Mary, US (HQ)
250 Technology Park
Rugby, GB
Butlers Leap

FARO Technologies Metrics

FARO Technologies Financial Metrics

Revenue (2016)

$325.6 m

Revenue growth (2015-16), %


Gross profit

$178 m

Gross profit margin (2016), %


Net income (2016)

$11.1 m

Market capitalization (28-Apr-2017)

$611.3 m

Closing share price (28-Apr-2017)


Cash (31-Dec-2016)

$106.2 m
FARO Technologies's current market capitalization is $611.3 m.
FARO Technologies's revenue was reported to be $325.6 m in FY, 2016 which is a 3% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$291.8 m$341.8 m$317.5 m$325.6 m

Revenue growth, %


Cost of goods sold

$97.6 m$115 m$114 m$147.6 m

Gross profit

$194.2 m$226.8 m$203.6 m$178 m

Gross profit Margin, %


Operating expense total

$131.7 m$151.6 m$154.6 m$164.7 m


$30.2 m$37.3 m$13.1 m$13.3 m

EBIT margin, %


Interest expense

$9 k$8 k$56 k$48 k

Interest income

$74 k$96 k$111 k$212 k

Pre tax profit

$37.5 m$12.6 m

Income tax expense

$7.4 m$3.9 m($7 k)$1.5 m

Net Income

$21.5 m$33.6 m$12.8 m$11.1 m
    Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


    $35.1 m$50.7 m$64.5 m$93.2 m$124.6 m$109.3 m$107.4 m$106.2 m

    Accounts Receivable

    $66.3 m$84 m$69.9 m$61.4 m


    $14.6 m$17 m$18.5 m$16.3 m

    Current Assets

    $324.1 m$340.5 m$292.2 m$286.2 m


    $16.5 m$29.3 m$35.9 m$31.7 m


    $19.4 m$19.2 m$26.4 m$46.7 m

    Total Assets

    $391.5 m$425.5 m$409.2 m$423.7 m

    Accounts Payable

    $14.9 m$15.4 m$11.3 m$11.1 m

    Current Liabilities

    $61 m$67.2 m$63 m$66.6 m

    Additional Paid-in Capital

    $191.9 m$200.1 m$207 m$212.6 m

    Retained Earnings

    $125.9 m$159.5 m$172.3 m$183.4 m

    Total Equity

    $316 m$343.9 m$327.6 m$339.7 m

    Financial Leverage

    1.2 x1.2 x1.2 x1.2 x
    FY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    $21.5 m$33.6 m$12.8 m$11.1 m

    Depreciation and Amortization

    $7 m$7.4 m$11.2 m$13.9 m

    Accounts Receivable

    ($4.1 m)($25 m)$9.6 m$6.7 m


    ($3.3 m)($22 m)($18 m)

    Accounts Payable

    Cash From Operating Activities

    $34.3 m$5.7 m$28 m$37.6 m

    Purchases of PP&E

    ($4.4 m)($18.7 m)($14.2 m)($7.7 m)

    Cash From Investing Activities

    ($6.6 m)($21.1 m)($6.4 m)($37.1 m)

    Cash From Financing Activities

    $6.3 m$3.5 m($20.2 m)$249 k

    FARO Technologies Operating Metrics

    FARO Technologies's Customers was reported to be 15 k in FY, 2016
    FY, 2016


    15 k

    FARO Technologies Market Value History

    FARO Technologies Revenue Breakdown

    FARO Technologies Online Presence

    FARO Technologies Company Life

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