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 Data and Metrics

FARO Technologies Financial Metrics

FARO Technologies's revenue was reported to be $325.6 m in FY, 2016 which is a 3% increase from the previous period.

Revenue (FY, 2016)

325.6 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

178 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

11.1 m

EBIT (FY, 2016)

13.3 m

Market capitalization (23-Jun-2017)

624.3 m

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

106.2 m
FARO Technologies's current market capitalization is $624.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


291.8 m341.8 m317.5 m325.6 m

Revenue growth, %


Cost of goods sold

97.6 m115 m114 m147.6 m

Gross profit

194.2 m226.8 m203.6 m178 m

Gross profit Margin, %


Operating expense total

131.7 m151.6 m154.6 m164.7 m


30.2 m37.3 m13.1 m13.3 m

EBIT margin, %


Interest expense

9 k8 k56 k48 k

Interest income

74 k96 k111 k212 k

Pre tax profit

37.5 m12.6 m

Income tax expense

7.4 m3.9 m(7 k)1.5 m

Net Income

21.5 m33.6 m12.8 m11.1 m
    USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


    35.1 m50.7 m64.5 m93.2 m124.6 m109.3 m107.4 m106.2 m

    Accounts Receivable

    66.3 m84 m69.9 m61.4 m


    14.6 m17 m18.5 m16.3 m

    Current Assets

    324.1 m340.5 m292.2 m286.2 m


    16.5 m29.3 m35.9 m31.7 m


    19.4 m19.2 m26.4 m46.7 m

    Total Assets

    391.5 m425.5 m409.2 m423.7 m

    Accounts Payable

    14.9 m15.4 m11.3 m11.1 m

    Current Liabilities

    61 m67.2 m63 m66.6 m

    Additional Paid-in Capital

    191.9 m200.1 m207 m212.6 m

    Retained Earnings

    125.9 m159.5 m172.3 m183.4 m

    Total Equity

    316 m343.9 m327.6 m339.7 m

    Financial Leverage

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

    Net Income

    21.5 m33.6 m12.8 m11.1 m

    Depreciation and Amortization

    7 m7.4 m11.2 m13.9 m

    Accounts Receivable

    (4.1 m)(25 m)9.6 m6.7 m


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

    Cash From Operating Activities

    34.3 m5.7 m28 m37.6 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 m3.5 m(20.2 m)249 k
    USDY, 2016


    252.8 k

    Financial Leverage

    1.2 x

    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 and Social Media Presence

    FARO Technologies Company Life and Culture

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