FARO develops and markets computer-aided measurement and imaging devices and software. 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. 
Lake Mary, US
Size (employees)
1,485 (est)
FARO Technologies was founded in 1981 and is headquartered in Lake Mary, US
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FARO Technologies Office Locations

FARO Technologies has offices in Khwaeng Bang Na, Seo-gu, Haeundae-gu, Chengdu Shi and in 23 other locations
Lake Mary, US (HQ)
250 Technology Park
Exton, US
290 National Rd
Wixom, US
46998 Magellan Dr
South Brisbane, AU
1 12 Cordelia St
Jardim Belizário, BR
360 R. San José
Chaoyang Qu, CN
24A Jianguomen Wai Street
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FARO Technologies Financials and Metrics

FARO Technologies Financials

FARO Technologies's revenue was reported to be $360.92 m in FY, 2017

Revenue (FY, 2017)

360.9 m

Gross profit (FY, 2017)

204.6 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

(14.5 m)

EBIT (FY, 2017)

5.3 m

Market capitalization (25-Apr-2018)

1 b

Cash (31-Dec-2017)

141 m
FARO Technologies's current market capitalization is $1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


291.8 m341.8 m317.5 m325.6 m360.9 m

Revenue growth, %


Cost of goods sold

97.6 m115 m114 m147.6 m156.3 m

Gross profit

194.2 m226.8 m203.6 m178 m204.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


68.2 m73.4 m82.1 m82.2 m69.9 m83.8 m72.5 m75.7 m78.5 m79.6 m81.6 m82.7 m90.3 m

Cost of goods sold

29.4 m33.3 m36.5 m36.2 m30.3 m39.2 m37.6 m33.1 m34.6 m36.9 m37.8 m35.9 m38.2 m

Gross profit

38.8 m40.1 m45.5 m46 m39.6 m44.5 m34.9 m42.7 m43.9 m42.7 m43.7 m46.8 m52 m

Gross profit Margin, %

usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017


35.1 m50.7 m64.5 m93.2 m124.6 m109.3 m107.4 m106.2 m141 m

Accounts Receivable

66.3 m84 m69.9 m61.4 m72.1 m


14.6 m17 m18.5 m51.9 m53.8 m

Current Assets

324.1 m340.5 m292.2 m286.2 m294.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


116.9 m122.7 m129.8 m116.9 m96.1 m90.6 m96 m120.3 m133.5 m121.3 m105.9 m117.6 m129.8 m

Accounts Receivable

52.9 m64.7 m66 m68.9 m62.3 m70 m63.8 m60.1 m56.8 m57.4 m60.6 m58.8 m60.4 m


49 m50.2 m53.3 m56.5 m66.7 m68.9 m55.1 m48.6 m51.8 m55.2 m52.5 m57.9 m59 m

Current Assets

304.6 m323 m335 m329.1 m313.7 m318.8 m307.4 m299.3 m309.3 m295 m279.8 m279.2 m281.2 m
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

21.5 m33.6 m12.8 m11.1 m(14.5 m)

Depreciation and Amortization

7 m7.4 m11.2 m13.9 m16.6 m


(3.3 m)(22 m)(18 m)(10.9 m)

Accounts Payable

1.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

13.2 m5 m11.3 m11.2 m664 k4.1 m(884 k)3.1 m3.4 m1.1 m(1.5 m)

Depreciation and Amortization

5.3 m1.8 m3.7 m1.8 m2.5 m2.7 m2.8 m3.1 m3.3 m3.4 m3.7 m

Accounts Payable

9.9 m11.2 m9.3 m12.5 m10.2 m10.8 m11.5 m12 m

Cash From Operating Activities

24.2 m(823 k)9.5 m
USDY, 2017


243 k

Financial Leverage

1.3 x
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FARO Technologies Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017

Manufacturing Facilities

5 5 5

New Bookings

$69.10 m$83.80 m$72.30 m$100.40 m$325.60 m$73.50 m$81.60 m$79.80 m$95.80 m$330.70 m$86.90 m

Patents and Patent Applications

800 900 920


21 65 70
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FARO Technologies News and Updates

Short Range 3D Scanners Market by Top Manufacturers with Production-Artec 3D, 3D Digital Corp, Carl Zeiss Optotechnik, FARO Technologies, Hexagon Manufacturing Intelligence's and Others

ReportsWeb has announced the addition of the “Short Range 3D Scanners Market” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Posted via Industry Today. Follow us on Twitter @IndustryToday
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